Commercial Loan Documentation Specialist II

First Interstate • Bend, OR

9d • Onsite

About The Position

The Commercial Loan Documentation Specialist II is responsible for creating complete commercial loan document packages, ensuring accuracy and adherence to approval conditions for loan structures ranging from basic to intermediate complexity. These may include SBA 504 loans or various agency-guaranteed/participated loans and will encompass all collateral types. This position proactively interacts with branch personnel and multiple internal business lines, working under moderate supervision.

Requirements

• Intermediate understanding of credit products, documentation terminology, vendor documents and searches, lien perfection and the document preparation system.
• Exhibits intermediate knowledge of applicable local, state, and federal regulations, bank policies and procedures, and has the ability to meet deadlines under pressure and correctly prepare loan documents.
• Must demonstrate ability to work effectively in a fast paced, production environment, and have strong organizational skills, time management skills, and strong attention to detail.
• Strong interpersonal skills including oral and written communication and problem solving a must.
• Proficiency with personal computers and related software packages, such as Microsoft Office programs and LaserPro.
• Ability to prioritize work and remain adaptable under pressure.
• High School Diploma or General Education Degree (GED) required
• 4-6 years banking experience, training, and/or equivalent combination of education and experience required

Nice To Haves

• Bachelor's Degree preferred
• Experience with intermediately complex commercial lending preferred

Responsibilities

• Reviews approvals for loan closing conditions, regulations, appropriate lending authority, lien perfection requirements, and SBA requirements (if applicable), and establishes conditions to close; loan types handled include, but are not limited to, unsecured, secured, SBA or other agency programs, construction, guidance lines, agricultural, and various real estate.
• Completes the Roadmap thoroughly and accurately to validate compliance with key regulatory, policy, and procedural requirements.
• Ensures requested documents are appropriate for loan structures and collateral types.
• Provides timely, complete, and accurate responses to inquiries.
• Creates loan documents for all types of commercial loans, from basic to intermediate complexity, using the vendor document preparation system (LaserPro).
• Prepares non-system-generated loan documentation as required.
• Performs additional responsibilities associated with specific regulations, which may include detailed reviews, quality control, exception reporting, data input, and additional training as needed.
• Participates in internal and external training to maintain knowledge of Bank products; attends operational and exception meetings and stays current on all credit policies and changes.
• Maintains the integrity of loan data by ensuring all terms of the approved loan are accurately incorporated into the loan closing package.
• Reviews loan closing packages for completeness, accuracy, and compliance with approval and credit policy.
• Performs job responsibilities in accordance with established Service Level Agreements.
• Assists with training new and existing team members.
• Transfers all credit and due diligence documents to the imaging system, following established protocols.

Benefits

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Child Care Assistance Program for eligible dependent(s).
• Exercise reimbursement program for employees.

What This Job Offers

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