Loan Documentation Specialist

Marquette Bank • Orland Park, IL

6d

About The Position

The Loan Documentation Specialist is responsible for activities related to generating loan documentation, funding, perfecting collateral, resolving exceptions, tracking real estate construction projects, preparing collateral files, and securing loan documentation files. The role supports the Commercial Banking origination team and helps ensure loan documentation and processes comply with bank policy and applicable regulations.

The position also supports improvements to loan documentation policies, procedures, strategies, and delivery systems; participates in assigned disaster recovery and business continuity initiatives; and prepares a monthly department report. The role is based in an office environment with a generally moderate noise level.

Marquette Bank is a neighborhood bank founded in 1945, serving southwest Chicagoland through 20 branch locations. The stated pay range is $60,000–$70,000, with the final offer determined by qualifications, experience, education, and skills.

Requirements

• Minimum 5 years of experience with commercial real estate loan documentation, construction loan documentation, and commercial loan documentation.
• Working knowledge of bank operations, systems, and regulatory guidelines.
• Self-motivated, with willingness to implement changes that improve bank performance.
• Strong communication, organization, and time management skills.
• Team-oriented approach.
• Ability to handle and complete multiple tasks under time constraints.
• Good customer service skills.
• Ability to handle difficult and sensitive business situations.
• Good analytical and problem-solving skills.

Nice To Haves

• Bachelor’s degree preferred, or certification in Business Law, Business Finance, or Commercial Real Estate Lending.

Responsibilities

• Confirm loan presentation requests comply with Loan Policy and have appropriate approval authority.
• Review and evaluate supporting documents provided by the Commercial Banking origination team, including entity formation documents, UCC searches, flood zone determinations, title commitments, appraisals, surveys, environmental audits, tenant leases, and other documents needed to document or secure loans.
• Prepare and review loan documents using software.
• For documents prepared by outside counsel, provide supporting documentation to counsel and review the documents prepared.
• Review executed loan documents and verify proper execution.
• Set up file monitoring in tickler systems.
• Send documentation to the appropriate recording office to record and perfect the Bank’s lien on collateral.
• Resolve documentation exceptions listed in the system.
• Process and balance construction draw requests for funding internally or through a title company construction escrow.
• Assist in reviewing loan policies, procedures, strategies, and delivery systems used in the loan documentation process.
• Participate in assigned Disaster Recovery/Business Continuity initiatives.
• Prepare the monthly department report.
• Comply with applicable laws and regulations, including the Bank Secrecy Act and Community Reinvestment Act, and follow internal policies, procedures, and risk management responsibilities.
• Perform job-related responsibilities that support departmental and organizational goals and are consistent with the scope and purpose of the position.

Benefits

• Health insurance
• Term life insurance
• Disability insurance
• Generous time off
• 401(k) Salary Savings Plan
• Employee Stock Ownership Plan (ESOP)
• Gym subsidy
• Tuition reimbursement
• Community involvement opportunities
• FREE FunRewards checking account
• Performance-based incentives, commissions, target bonus, and discretionary bonus may be available depending on eligibility and position.

What This Job Offers

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