Lending Solutions Specialist Senior

JPMorgan Chase & Co. • Plano, TX

10d

About The Position

As a Lending Solutions Specialist Senior within Business Banking, you will support complex SBA and Commercial Real Estate (CRE) business banking loans and specialized products, client application workflow management, post-approval documentation review, loan booking, and closing processes. You will work with Business Relationship Managers (BRM 2+) and a Specialty Finance Lending Advisor on entity review, collateral review, commercial due diligence, and loan documentation for approved loans up to $20 million. The role involves reviewing approvals, determining and verifying due diligence to ensure loans close in accordance with approval, and preparing or coordinating specialized loan documentation for new, renewal, and modified loans. You will independently identify and manage vendor and documentation risk to the bank.

Requirements

• At least 2 years of commercial loan experience or related business lending experience.
• At least 1 year of experience documenting real estate-secured loans.
• Strong knowledge of Business Banking loan documentation, collateral perfection, and laws and regulations affecting due diligence.
• Experience working in Apstar and Hot Docs.
• Ability to work independently in a high-volume environment.
• Ability to act as a subject matter expert.
• Excellent attention to detail and effective communication skills with internal partners.
• College degree or equivalent work experience.

Responsibilities

• Use internal systems to identify information needed and provide it to the Credit Officer.
• Use workflow tools to monitor new deals, annual reviews, and renewals until they reach the credit evaluation stage.
• Review commercial credit application packages for adherence to credit policy and determine due diligence needed to ensure proper collateral position.
• Review business entity and organizational documents, including trust agreements, business entity good-standing records, and UCC searches.
• Coordinate the acquisition and review of equipment valuations, flood checks, reports, and other information.
• Review real estate title work, valuation reports, environmental reports, and purchase and lease agreements, ensuring alignment with strategic objectives and risk management criteria.
• Review and verify complex SBA documentation for accuracy and compliance with applicable guidelines and regulations, and proactively address potential issues.
• Evaluate reports and information related to collateral evaluation and verification, ensuring credit approval terms and conditions are met before proceeding.
• Prepare custom loan and compliance documentation that protects the bank’s interests and considers risks and legal requirements.
• Schedule loan closings with escrow and title companies and coordinate the process for a smooth and timely closing.
• Resolve and complete unbookable loans and address holds from loan servicing.

Benefits

• Competitive total rewards package, including base salary determined by role, experience, skill set, and location.
• Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed