Commercial Post Closing Review File Specialist I

Busey Bank • Creve Coeur, MO

8d • Onsite

About The Position

The Commercial Post Closing Review File Specialist I is part of the Post Closing Team in the Commercial Banking Service Support Department. This position is responsible for performing a thorough and comprehensive review of loan, credit, and collateral documents to determine if documents are in compliance with regulatory requirements and company policy.

Requirements

• Knowledge of various lending regulations.
• Strong organizational skills.
• Strong oral and written communication skills.
• Excellent customer service skills.
• Ability to multi-task and work independently.
• Ability to manage multiple deadlines.
• Ability to analyze and solve problems for which there are not precedents.
• Ability to perform duties and make decisions under frequent time pressures.
• Requires High School diploma.
• Minimum 1-2 years experience in commercial collateral/liens or documentation preferred such as a background of title company employment, legal work, bank employment, or experience with loan documentation software such as LaserPro.
• Requires knowledge of Microsoft Office – Word, Excel, and Adobe.
• Other bank proprietary systems helpful.

Nice To Haves

• Continuing education preferred.

Responsibilities

• Performs quality assurance of all loan files to ensure documentation is approved and in compliance with regulations and company policy.
• Reviews all file documentation for loan files, including but not limited to collateral documentation, title commitments and policies, UCC’s, letter of credit, insurance policies, and liens (collateral perfection).
• Recognizes missing/ incorrect documentation in loan files and seeks solutions to problems.
• Identifies and accurately enters any exceptions items for covenant tracking.
• Reviews requests and supporting documentation to accurately remove any exceptions items for covenant tracking.
• Remains up-to-date on all documentation, regulatory, and lien perfection requirements in order to ensure loan quality.
• Responsible for on-going knowledge of bank regulations related to compliance and auditors for commercial loans.
• Assists in special projects as needed.

Benefits

• 401(k) match
• Profit sharing
• Employee stock purchase plan
• Paid time off
• Medical
• Dental
• Vision
• Company-paid life insurance
• Long-term disability
• Supplemental voluntary life insurance
• Short-term disability
• Wellness incentives
• Employee assistance program
• Pre-tax health savings accounts
• Flexible spending accounts

What This Job Offers

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