AVP, Loan Documentation
About The Position
The AVP, Loan Documentation is responsible for the day-to-day management of the Commercial Loan Documentation team and its workflow with business Units. The role reviews commercial loan documentation packages across all commercial loan types, ensuring closing documents reflect approved terms, are legally binding, and comply with federal regulations and applicable industry standards. It includes regular interaction and training with Units and may involve travel to other Units and Regions. The position provides technical expertise to Loan Operations, Loan Coordinators, and Compliance/Legal teams; handles complex commercial loan documentation; communicates regulatory and procedural changes; performs quality-control reviews; and contributes to special projects and system enhancements. The role also prepares new and renewal loan documents as needed and performs other duties as assigned.
Requirements
- High school diploma.
- Six to eight years of loan documentation experience specializing in commercial loans.
- Three to five years of management experience.
- Strong knowledge of commercial loan collateral requirements.
- Well versed in title work, flood requirements, entity documents, and other internal documentation requirements in compliance with federal regulations.
- Ability to resolve documentation issues.
- Solid understanding of the Bank’s special provisions and language substitutions in the loan documentation system and other agreements.
- Ability to communicate clearly with coworkers, title companies, attorneys, and other vendors.
- Ability to solve practical problems and handle situations with a variety of variables and limited standardization.
- Effective verbal and written communication skills.
- Flexibility, versatility, commitment, good judgment, and organization.
- Ability to establish priorities and channel effort productively.
- Skilled in operating a personal computer and using Microsoft Word, PowerPoint, Excel, IBS, SalesForce, and Laser Pro.
Nice To Haves
- Bachelor’s degree preferred.
Responsibilities
- Monitor Commercial Loan Documentation team performance and manage workflow to maintain service-level agreements.
- Review loan documents prepared in the loan documentation system or by outside counsel to ensure they meet the stated terms of approval.
- Ensure transactions comply with regulations and industry standards, and provide training to staff as needed.
- Conduct monthly quality-control reviews in accordance with Bank policies and internal and external requirements.
- Provide technical expertise and work closely with Loan Operations, Loan Coordinators, and Compliance/Legal teams to maintain an efficient process.
- Communicate regulatory and procedural changes to the Commercial Loan Documentation team and Loan Coordinators.
- Handle complex commercial loan documentation requiring advanced knowledge.
- Prepare new and renewal loan documents through the loan documentation system as needed.
- Provide training when needed.
- Assist with special projects and system enhancement updates.
- Perform other duties as assigned.
Benefits
- Annual paid volunteer time off
- Charitable-matching opportunities
- Professional growth opportunities
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
High school or GED
