Commercial Banking Specialist - FL

Popular • Miami Lakes, FL

11h • Hybrid

About The Position

This position is responsible for the review and submission of loan offerings to underwriting and the effective servicing of a designated portfolio. Customers are to be effectively serviced, inquiries responded to timely, and operational situations resolved promptly and efficiently. The role involves reviewing and submitting loan offerings, gathering pertinent loan documentation and financials, drafting loan structures, preparing commitment letters and other agreements, reviewing credit approval forms, conducting due diligence, and meeting submission deadlines. The specialist will proactively seek information from clients, review documentation for renewals and restructures, act as a liaison with various units, interact with management companies, maintain customer profiles, provide support for the credit and loan process, prepare and review loan requests, maintain electronic and physical files, prepare transmittal letters, review loan status, coordinate with loan officers on compliance, prepare and mail financial statement requests, manage customer inquiries, conduct loan investigations, monitor loan maturity dates, and ensure database accuracy. The role also includes compiling data and generating management reports.

Requirements

• Minimum Required: High School diploma; College degree or related field combined with a minimum of one year of experience in commercial banking
• The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.
• Applicants must be authorized to work for any employer in the United States.
• This position is not open to applicants who need visa sponsorship or transfer of visa sponsorship at this time.

Nice To Haves

• Property management company experience or commercial lending, a plus

Responsibilities

• Cursory review and submission of loan offerings; including consistently gathering pertinent loan documentation and financials utilized for underwriting of the transaction
• Work with the loan officer(s) to draft loan structures for initial review, including pricing models
• Accurate preparation of Commitment Letters, Contract Letter Agreements, Term Sheets, Loan Narratives
• Review of Credit approval form including covenants, ensure conditions apply to loan purpose/structure
• Conduct required due diligence to ensure completeness of the loan offering in accordance with established guidelines
• Consistently meet loan offering submission deadlines and maintain continuous follow up practices for pending documents
• Pro-actively seek information from clients and prospects to understand possible changing situations, needs and desired loan structures, communicate information to the loan officer(s)
• Review documentation for renewals and restructures as approved by the loan officer(s) and/or management
• Act as liaison with various units to properly service the customer
• Regularly interact with management companies; provide feedback to the loan officer(s) regarding issues or concerns with loan requests
• Maintains profiles of priority customers and notify loan officer(s) of major developments; assists with managing customer relationships with new and routine transactional requests
• Provide support administering day to day credit and loan process, inclusive of department’s tickler review, credit extensions, and customer inquiries
• Prepare and review loan requests, contact customer and/or loan officer(s) for missing information. Clarify facts and approvals
• Maintain electronic files and prepare new customer loan files in accordance with established guidelines. Periodically review existing documentation for accuracy and consistency with the loan offering
• Prepare transmittal letters or ELODs for advances and pay down requests. Review loan’s status on each situation
• Coordinates with loan officer(s) to keep customer in compliance with financial reporting and covenant requirements
• Prepare and mail financial statement requests to customers and obtain all necessary financial documentation, financial statements and/or tax returns to maintain files current and update tickler
• Effectively manage incoming customer inquiries, related to loan status. Conduct loan investigations, researching customer disputes, incorrect billing, non-receipt of statements and late charges
• Monitor loan maturity dates and prepare loan extension requests
• Ensure respective databases are accurate and up to date with customer information
• Compile data and generate management reports as needed

Benefits

• Our hybrid work model benefit applies to certain positions and is subject to changes based on the organizational needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED