Commercial Loan Boarding Specialist

First Merchants Corporation•Plainfield, NJ

53d

About The Position

First Merchants Bank is seeking a Commercial Loan Boarding Specialist to join our team! This position will perform the boarding of commercial and commercial real estate loans to the core system. Tasks are to be performed in a timely manner as deemed critical in accordance with Regulatory requirements and departmental procedures. To be successful in this position, one must provide quality customer service through accurate and efficient processing and be willing to learn multiple tasks as needed. First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy. Our Vision is: To enhance the financial wellness of the diverse communities we serve. Our Mission is: To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders. Our Team: "We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Requirements

High school diploma or equivalent (GED).
A minimum of one (1) year of commercial loan boarding, commercial documentation, or related commercial experience.

Nice To Haves

Prior commercial loan boarding experience, including attorney prepared and participated loans
Experience with FIS Horizon System and OnBase System
Proficiency in Microsoft Office

Responsibilities

Validate and interpret complex commercial loan documentation in order to determine loan boarding requirements.
Determine any new or renewal loans that require priority boarding.
Communicate and follow up with lending staff on any loans with Pre-Boarding issues.
Accurately input required fields for new and renewal loans into the Core system (FIS Horizon).
Input information for Impaired Loans into the system.
Process and balance on-line loan related transactions.
Assist with set up of loan exception items.
Assist with quality and post audit reviews.