Commercial Loan Boarding Specialist
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.
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.
Benefits
- Base Pay PLUS Bonuses
- Medical, Dental and Vision Insurance
- 401k
- Health Savings and Flexible Spending Accounts
- Vacation/Sick Time
- Paid Holidays
- Paid Parental Leave
- Tuition Reimbursement
- Additional Benefits
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Credit Intermediation and Related Activities
Education Level
High school or GED
Number of Employees
1,001-5,000 employees
