Commercial Fulfillment Documentation Specialist

Fulton Bank • Manheim Township, PA

1d • $25 - $41 • Remote

About The Position

This is a full-time career opportunity that can be remote within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA. The role will act as the primary customer resource after credit approval to facilitate the loan through settlement ensuring all closing conditions are satisfied. Performs due diligence review and internal resource coordination between all required parties. Works to settle new and modified commercial loans and complete due diligence in a timely manner. Prepares and delivers all required loan documentation. Ensures loans are settled according to credit approval and Bank policy, verifying adherence to state and federal lending regulations to reduce the risk of financial loss to the Bank. The role will understand client needs and engage professionally and proactively with client, attorneys, and all third parties to ensure an efficient and effective fulfillment process, understanding various risks associated with the closing and documentation of commercial loans and working to mitigate identified risks.

Requirements

• High School Diploma or equivalent. Specialty: general studies. (Required)
• 3 or more years knowledge of commercial lending functions, which could include commercial and industrial loans, agricultural loans, small business administration loans, or commercial real estate loans with an emphasis on lending documentation, and collateral standards. (Required)
• Understanding of when and how changes to a loan need credit approval along with clear knowledge of various entity types and structures (Required)
• Ability to multi-task, problem solve and efficiently manage time (Required)
• Motivated team player with strong verbal and written communication skills (Required)
• Reputation for responsiveness and customer focused mindset (Required)
• Experience with review and understanding of corporate legal documents to include Formation Documents and Entity Agreement Documents (Required)

Nice To Haves

• Associate Degree or the equivalent experience. Specialty: business, finance, administration. (Preferred)
• 4 or more years customer service. (Preferred)
• Experience with commercial loan documentation and knowledge of basic due diligence materials for loan transactions (Preferred)
• Prior experience with Microsoft Word, Outlook, Laserpro and nCino programs (Preferred)

Responsibilities

• Conducts due diligence on loan parties, collateral, and other pertinent approval requirements, including corporate and other entity documentation, searches, title, and insurance.
• Completes review of entity formation and organizational legal documents to validate and ensure appropriate parties are included in loan documents.
• Reviews and analyzes documentation to ensure compliance with approved underwriting guidelines, company policies, and regulatory standards for all states.
• Works directly with customers, relationship managers, credit, and other internal teams.
• Communicates professionally to other third parties including attorneys and insurance/title companies to ensure all documentation has been collected and reviewed.
• Prepares and monitors closing checklists for assigned loans.
• Reviews and confirms critical attributes of loan documentation such as borrower and guarantor information, loan terms, and that collateral description(s) match information in the business banking origination system.
• Ensures due diligence documentation provided for the transaction aligns with Fulton's internal records.
• Prepares loan documents using Fulton’s internal documentation system.
• Organizes items for settlement, prepares and approves settlement and disbursement instructions. Provides funding instructions to centralized funding team.
• Assists lending staff with the resolution of documentation issues and other procedural matters. Ensures service level agreements (SLAs) are met.
• Proactively manages daily activity, independently prioritizes multiple simultaneous transactions (10 or more).
• Meets service level agreements (SLAs) with all external and internal customers.
• This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Benefits

• medical plans with prescription drug coverage
• flexible spending account or health savings account depending on the medical plan chosen
• dental and vision insurance
• life insurance
• 401(k) program with employer match
• Employee Stock Purchase Plan
• paid time off programs including holiday pay and paid volunteer time
• disability insurance coverage
• maternity and parental leave
• adoption assistance
• educational assistance
• a robust wellness program with financial incentives

What This Job Offers

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