Loan Origination Specialist III

JPMorganChase • Columbus, OH

2d

About The Position

The Loan Origination Specialist III serves as a primary liaison between the Business Relationship Manager and the Credit Coordinator regarding collateral, entity, and other commercial due diligence. The role reviews approvals, documentation, and due diligence to help ensure Small Business loans are closed in accordance with approval terms, and prepares documentation to reduce risk to the client and the bank.

Requirements

• At least 1 year of experience preparing commercial loan, SBA, or mortgage loan documents.
• Excellent attention to detail, communication skills, and PC skills.
• Ability to communicate well and work independently in a high-volume, production-oriented environment.
• College degree, paralegal background, or equivalent work experience.

Nice To Haves

• Experience with collateral and entity due diligence related to commercial loans.

Responsibilities

• Review commercial credit application packages for adherence to credit policy and determine the due diligence needed to ensure proper collateral position.
• Review business entity and organizational documents, including trust agreements, business-entity good-standing information, and UCC searches as required.
• Coordinate obtaining or ordering equipment valuations, reports, and other information, and review them.
• Evaluate received reports and information related to collateral evaluation and verification to determine whether credit approval terms and conditions will be met.
• Prepare loan and compliance documentation necessary to protect the bank's interests.

What This Job Offers

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