Commercial Loan Assistant - Pinhook Lafayette

Community First Bank•Lafayette, LA

1d•Onsite

About The Position

Assists loan officers with research of loans, organizes new and renewal loan documents, prepares the loan file for loan closing, and issues loan proceeds checks. Provides customer support after loan closing. Works with the lender to stay up to date on various reports and to clear post-closing exceptions. Responsible for filing and confirming UCC and collateral documents. A Commercial Loan Assistant I has foundational knowledge of loans, loan documentation, and loan closing processes. This position reports to the Commercial Lending Department.

Requirements

Minimum 2 years prior experience as a loan assistant
Effective communication skills (oral, written, listening)
Excellent computer skills
Knowledge of elements required to close a loan
Ability to multi-task
Ability to work well under pressure
Ability to work under general supervision
Ability to complete accurate, detailed work within specific timeframes
Minimum 5 years in financial industry setting
Proficient in handling computers and should be well versed in using MS Word and Excel along with good typing skills.
GOOD CREDIT IS A MUST
CREDIT REPORT IS REQUIRED FOR EMPLOYMENT

Nice To Haves

Minimum three years of experience with loans
Familiar with a variety of loan products
Prior work experience in preparing the loan documentation

Responsibilities

Demonstrate proficiency in analyzing and interpreting loan requests and documents of varying degrees of complexity.
Conducts the day-to-day administration of all aspects of assigned consumer and commercial loans.
Verifying insurance coverage and completing additional external documents (e.g., flood, Census Tract, Secretary of State, etc.).
Order progress inspections and reviews inspection results that are used to calculate the amount to be funded to borrowers and/or builders.
Prepare and send wires and various Bank tickets to accompany loan packages to attorneys.
Funds and wires construction funds and loan proceeds.
Identify insurance policies accurately (e.g., hazard, collision, builders risk, workers comp, general liability, flood).
Ordering and/or completing flood, census tract, Secretary of State, etc.
Reviews executed loan documents received from closing attorneys.
Partner with Bankers and Centralized Para Lenders to ensure that the loan process is smooth and to resolve documentation and timing issues as necessary.
Maintain customer service focus on internal and external customers to encourage positive business relationships.
Stay abreast of regulatory and compliance issues that impact credit decisions and loan documentation including Fair Lending, HMDA and Credit Life.
Manage post-closing exceptions to an acceptable level.