Senior Commercial Loan Coordinator, OSF

First Financial Bank • Indianapolis, IN

1d • $25 - $32

About The Position

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written! If you are interested and qualified for this role, we invite you to apply. Position serves as a liaison between the Underwriting and Sales departments. Loan coordinators provide the administrative support to the loan process. The Sr. Loan Coordinator is responsible for managing the day to day responsibilities of the processing department. They are also responsible for checking all of the collected information for accuracy and completeness for all loan coordinators prior to submission to UW. The Sr. Loan Coordinator assembles and coordinates the forwarding of materials from the client to the underwriting department for analysis. In addition, if any information from the applicant is missing, the coordinator is responsible for obtaining the data. Communicating all document changes and additions is the responsibility of the coordinator. Will work closely with Sales, customers and Underwriting. The Sr. Loan Coordinator will play a critical role with large loans working closely with the Senior Loan Advisor and Senior UW to develop process & guidelines for large loans.

Requirements

• Bachelor’s degree preferred
• Minimum 2 years Lending or Insurance industry experience
• Able to work independently and aggressively to accomplish objectives and meet deadlines
• Able to communicate and work efficiently internally and with borrowers
• Excel proficiency is required
• Excellent organizational, written and verbal communication skills

Responsibilities

• Responsible for reviewing Loan Coordinators loan files for accuracy & completeness.
• Work with Loan Coordinator to review all loan file documents, orders necessary supporting documentation, and requests additional information as needed from borrowers.
• Train & mentor Loan Coordinator to be self sufficient in the processing role.
• Work with Senior Loan Advisor , Senior UW, & Legal Counsel to develop process flow and processing requirements for loans in excess of $1M+.
• Provide support to the Underwriting team by cross training the UW position.
• Work with borrowers and carriers to facilitate the commission redirect and commission assignment process.
• Coordinate the closing process with Underwriter, LO, & customer along with generation of loan documents for borrowers once loan has been approved.
• Provide backup for the Sales & Underwriting team with file reviews as needed
• Other initiatives deemed necessary to assist the Sales & Underwriting Department in meeting goals and directives to improve company performance

Benefits

• We have relevant, thoughtful benefits and programs that support every aspect of our associates' holistic wellbeing.
• Please review our Benefits Guide.
• All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level