Commercial Underwriting - Sr. Commercial Loan Processor and Funder - Full Time - Hybrid (AK,AZ,)

Nuvision Credit Union•Anchorage, AK

1d•Hybrid

About The Position

The Sr. Commercial Loan Processor & Funder is responsible for the completion of complex commercial loan documents for accuracy and adherence to Credit Union policy. Researches and recommends solutions to loan documentation issues will process, track and fund Commercial loans. Working under minimal supervision, acting in a lead role. This position will be responsible for managing all Commercial Business loans files from receipt of letter of interest through loan closing. Duties include reviewing loan file upon receipt, preparing needs list, ensuring receipt of all documentation necessary to prepare the loan file, preparing loan file for closing and coordinating with all stakeholder to ensure efficient loan closing. Assists in training employees within the department as well as from other departments. Works with management to create procedures and processes. Is a key participant in system upgrades and system testing. The Sr. Commercial Loan Processor works as a liaison with other departments, business associates and membersResponsibilities:Processes and funds all types of Commercial loans, reviews loan file to determine documents required for each loan request.Assemble credit file.Ensures borrower’s information documents are complete.Reviews preliminary title report and works with title officer to resolve any issues. Ensures timely completion of all aspects of the loan file to manage loan process to meet closing timeline expectations and requirementsReviews loan files post –closing for department quality control to ensure that all underwriting requirements were met prior to funding loans Tracks orders for appraisals, Title Commitments, Phase I Environment reports, operating statements, credit reports and any/all other front –end loan documents required. Processes and ensures timely completion of borrower draw requests for lines of credit and construction loans. Responsible for all monthly management of the construction loan portfolio. To include ordering inspections, updating borrower draw requests and monitoring and updating the files according to department procedures working closely with the CLO Cultivates and retain business member accounts through effective customer service.Assist in training of additional staff Attends loan documentation signing with borrowers, explains loan documentation and answers any questions borrowers may have. Post-closing functions such as filing UCC’s, follow up and review of final Title policy. Assist in Training of employeesAssist in testing of new systems and upgrades; Give input in new process and proceduresAssist external and internal members with their commercial lending questions Supports and participates in continuous improvement activities and represents the Credit Union in a positive and professional manner Other related duties as assigned. Maintains member and other sensitive information with confidentiality. Treats co-workers and members with respect.

Requirements

Minimum 3 to 5 years of commercial loan documentation experience with a financial institution, to include processing and funding.
Experience with a documentation program such as Laser Pro, or Rembrandt is required.
Solid knowledge of understanding NCUA regulations in Business Services.
Intermediate proficiency required in Windows environment, Microsoft Word and Excel.
Good organization and member service skills required.
Strong analytical skills and decisive decision – making skills.
Maintain confidentially in all credit union matters
Two-year college degree or equivalent related specialized course of study or program.

Nice To Haves

Business lending certifications are preferred.

Responsibilities

Processes and funds all types of Commercial loans, reviews loan file to determine documents required for each loan request.
Assemble credit file.
Ensures borrower’s information documents are complete.
Reviews preliminary title report and works with title officer to resolve any issues.
Ensures timely completion of all aspects of the loan file to manage loan process to meet closing timeline expectations and requirementsReviews loan files post –closing for department quality control to ensure that all underwriting requirements were met prior to funding loans Tracks orders for appraisals, Title Commitments, Phase I Environment reports, operating statements, credit reports and any/all other front –end loan documents required.
Processes and ensures timely completion of borrower draw requests for lines of credit and construction loans.
Responsible for all monthly management of the construction loan portfolio.
To include ordering inspections, updating borrower draw requests and monitoring and updating the files according to department procedures working closely with the CLO Cultivates and retain business member accounts through effective customer service.
Assist in training of additional staff Attends loan documentation signing with borrowers, explains loan documentation and answers any questions borrowers may have.
Post-closing functions such as filing UCC’s, follow up and review of final Title policy.
Assist in Training of employeesAssist in testing of new systems and upgrades; Give input in new process and proceduresAssist external and internal members with their commercial lending questions Supports and participates in continuous improvement activities and represents the Credit Union in a positive and professional manner Other related duties as assigned.
Maintains member and other sensitive information with confidentiality.
Treats co-workers and members with respect.