Commercial Loan Operations Team Lead

Republic Bank Careers•Louisville, KY

About The Position

The Commercial Loan Operations Team Lead is responsible for overseeing the commercial loan documentation daily workflow for all commercial lending, creation, coordination, compliance, and review of commercial loan documents to the Bank’s policies and procedures. This position will also be responsible for reviewing all closing packages to determine if all necessary documentation has been completed as well as making sure all approval terms have been accurately included in the loan documents. Additionally, this position will be responsible for training all new associates within the department to ensure all specialists have been trained on day-to-day tasks. Including the processing of Complex commercial transactions that will include review and negotiation of attorney prepared loan documents as well as coordination of closings with Bank approved closing attorneys.

Requirements

Four years of commercial loan closing experience required.
Three years of commercial loan documentation experience required.
Proficiency in Microsoft Office products and internet applications.
Excellent verbal and written communication skills for communication with branch personnel, loan officers, commercial lending staff, attorneys, etc.
Self-motivated and work in a team environment
High energy level and strong sense of urgency
Regular and predictable physical presence at the worksite is an essential function of this position.
Travel between Republic Banking facilities may be required including occasional out of town travel.
Flexible work schedule may include some evenings, weekends and/or overtime.
Stay abreast of new developments, best practices, and statutory and regulatory changes.

Nice To Haves

Previous supervisory experience preferred.

Responsibilities

Setup and analyze all incoming loan files on the Bank’s loan operating system for all due diligence items needed to accurately document the loan according to the Bank’s guidelines and compliance standards.
Coordinate internal activities with the lending team to work toward an anticipated closing date.
Coordinate external activities with title companies, attorneys, surveyors, and other pertinent parties.
Work with the lending team to ensure all necessary documentation is collected and stored on the Bank’s loan operating system according to the Bank’s guidelines and compliance standards.
Make decisions involved in the negotiation of the loan documents within approval limits and escalate any language that requires additional approval.
Review business & trust documentation to determine authorized signers and entity information.
Complete daily workflow on files to ensure rescript of all necessary documentation by using the commercial loan operating system.
Demonstrate understanding of all loan products, lending authority, and Bank Policy and procedures as they pertain to commercial lending.
Determine and clear documentation exceptions and track for trailing items in the commercial loan operating system.
Review loans for proper approval and processing completion; knowledge of proper commercial loan documentation necessary to protect the Bank.
Ensures that all loans are being disbursed properly, meet compliance guidelines, and completed within department set SLA’s.
Deliver loan documentation to closing attorneys and loan officers in timely manner.
Review all commercial loan packages for proper documentation, determine if all commercial loan closing documents were returned and comply with all Quality Review requirements.
Responsible for overseeing the daily workflow of assignments to the team to achieve desired outcomes.
Responsible for aiding and training the team on specialized tasks.
Review and verify all applicable loan documentation to ensure quality standards are met in accordance with department guidelines.
Serve as back up to the Manager as needed.
Prepares all documentation for extensions, modifications, and new commercial loans as needed.
Oversee the post-closing functions.
Responsible for the general ledger accounts tasked to our area including but not limited to the Lereta (Tax Service) system, including reviewing the bill for accuracy.
Responsible for implementation of all procedures to ensure proper training of all associates.
Serves as a department resource for continued education within the department.
Responsible for department reporting, including research that may be needed and the review of ongoing reports.
Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.
Model and foster behaviors that support the Bank’s values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
Willingly perform all other duties and projects as assigned.