Commercial Loan Documentation Manager

Old National Bank • Evansville, IN

1d • $60,000 - $121,300 • Onsite

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

• Minimum five years of experience working with commercial lending documentation.
• High level of knowledge of loan documents, Bank loan policy and Commercial Guidelines & Procedures.
• Highly organized with a strong attention to detail.
• Strong analytical and problem resolution skills.
• Excellent verbal and written communication skills.
• Must have experience working in a fast-paced office environment with service level expectations.
• Must be able to meet quick turn deadlines.
• Experience with or aptitude for managing a team of associates in a high intensity environment with high service level expectations.

Nice To Haves

• Associate’s or bachelor’s degree or equivalent work experience preferred.

Responsibilities

• Leading a team of Commercial Documentation Specialists who complete LaserPro document preparation and attorney documentation reviews.
• Providing support for all commercial lending segments.
• Serving as the Documentation and Loan Origination systems expert for the broader organization.
• Ensuring effective processes and procedures are in place so the team can deliver a quality product in a timely manner to our internal and external clients.
• Establishing and maintaining department guidelines and procedures.
• Establishing and maintaining effective workflow and service level expectations for team.
• Preparation of Loan Documents including specialty lending products and letters of credit.
• Review of loan documents prepared by outside legal counsel.
• Primary contact for interfacing with partner teams on questions about Commercial Documentation processes and procedures.
• Serving as an escalation point for team issues and exception decisions.
• Collaborating with other members of loan fulfillment management to provide consistent guidance for team on new or changing processes.
• Promoting an environment where associates exercise appropriate levels of judgement, make decisions that allow the process to flow smoothly, and escalate appropriately based on the complexity of the loan and magnitude of risk to the bank, all with a goal of expediting the delivery of accurate product to internal and external clients.
• Working with all other departments within the company to continuously develop more efficient processes and ensure the development and implementation of policies and procedures are consistent with prescribed documentation requirements.
• Making accurate decisions in imprecise situations, determining appropriate measures to protect the client and the bank, and explaining the decision and rationale with internal stakeholders.
• Analyzing effectiveness of programs and policies and provide feedback to senior management regarding opportunities and threats to the organization.
• Assisting Commercial Loan Fulfillment Director as a training resource for the broader Commercial Lending team.
• Technical systems testing and development of procedures for commercial loan origination system, including interface with loan documentation application (currently LaserPro) and other various supporting software.
• Resolving loan software system issues.
• Identifying and providing coaching opportunities, as necessary.
• Responsible for evaluating and maintaining appropriate staffing levels.
• Works alongside Team Leads for recruitment and hiring for team.
• Manages overall department calendar and provides final approvals for vacation/leave requests.

Benefits

• competitive compensation with our salary and incentive program
• medical, dental, and vision insurance
• 401K
• continuing education opportunities
• employee assistance program

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree