Loan Administration Specialist (77073)

TEXAS SECURITY BANK•Dallas, TX

4d•Onsite

About The Position

Commercial Loan Administrator III supports Relationship Managers, Commercial Lending Assistants and the Credit Administration Department in preparing loan documentation and maintaining effective communication with internal and external stakeholders. This role is responsible for ensuring the accuracy and uniformity of all attorney prepared and internal prepared loan documents in accordance with the credit approval. The Commercial Loan Administrator III ensures that all loans are closed and maintained in accordance with state and federal regulations and adheres to Bank policies and guidelines. The candidate must be a team player, efficient and detailed oriented and have the knowledge required for obtaining and reviewing loan documents and compliance related documents for loans.

Requirements

Associates or 4 Year College Degree.
4-7 years of Commercial and Consumer loan documentation experience.
Laser Pro Experience.
High attention to detail and knowledge of policies and regulations relating to loan documentation

Nice To Haves

Fiserv-Precision (core system).
Fiserv-Director Unity (document imaging).
Microsoft Office (Excel, SharePoint, Work and PowerPoint, etc.).
nCino/Sales Force.
LaserPro.
Computer/Software Programs used will include (prior experience with these is helpful):
Knowledge of SBA loan documentation

Responsibilities

Processing and reviewing construction advances, participation advances, C&I advances with and without borrowing bases.
Post Loan payments and loan payoffs
Participation Sold loans: post payments, wire funds to participants, send rate change notifications when applicable
Participation purchased loans: post payments, wire funds for advances to participant after review of the documents to back up the draw request, process rate changes
Provide support to the loan processors
Monitor Capps car rental line of credit: add vehicles, releasing vehicles, maintaining spreadsheet and post payments and advances to the loan.
Order Credit Reports
Prepare Adverse Actions notifications
Request appraisal bids and engage with appraiser
Order title reports
Run UCC searches
Order Environmental Reports and EDR reports
Verify outgoing wires
Update exception report when trailing documents are received from loan closings.
Force place insurance when needed, review of weekly reports, upload weekly report and send insurance to the insurance company on new loans and insurance received in the mail.
Perform loan research
Perform loan maintenance when needed
Run flood searches
Board and fund loans onto the bank’s core computer system
Imaging and properly indexing credit and collateral documents for storage which includes daily work and loan files.
Perform QC on loan files indexed to ensure all documents are scanned before shredding.
QC of loans boarded into Precision
Create loan perfection file to be retained after imaging.
Tracking and reporting approved and funded transactions
Setup real estate property tax tracking in Accumatch or send monthly report for Accumatch to load.
Process Paid Loans
UCC Monitoring through Ilien
Business Alert Monitoring through Ilien
Other duties as assigned by Loan Administration/Operations Manager