City Administrator Jobs

About The Position

Requirements

• H.S. Diploma
• Minimum 2 years’ experience in loan servicing or loan documentation with a financial services organization required.
• Minimum 2 years’ experience with the commercial loan closing process.
• Minimum 1 year experience with financial software systems required

Nice To Haves

• Considerable knowledge of loan closing requirements, loan documentation and commercial loan product knowledge (i.e., Requires expertise in SBA 7A and State Loan Guarantee programs).
• Demonstrated knowledge of PC applications including Microsoft Word and Excel.
• Excellent verbal and written communication skills.
• Ability to pay close attention to detail.

Responsibilities

• Loan Processing, Closing and Documentation Management
• Initiates and prepares loan documentation request packages including completion of Loan Documentation Checklist and verification of approval authority for submit to the loan center. Coordinates with Real Estate Documentation, Income Property Group and Asset Based Lending departments, as applicable, to ensure loan documentation request package is complete. Follows up with the loan center to resolve documentation discrepancies or to obtain missing documents.
• Audits all loan documents to verify prepared accurately to the Loan Doc Checklist and credit approvals.
• Prepares lease subordinations, non-disturbance, and estoppel agreements in accordance with Bank requirements and lease agreements.
• Responsible for verifying all set conditions of funding have been met prior to the release of loan documents to the client for execution.
• Obtains insurance documentation for new loans when required. Ensures that insurance coverage complies with established Bank standards.
• Provides ongoing support for compliance with all applicable laws, regulations and administrative duties.
• Tracks, monitors, and maintains over margin accounts to ensure Bank collateral is secured and proper holds are placed.
• Performs loan closure process.
• Requires expertise in SBA 7A and State Loan Guarantee programs.
• File Management
• Sets up and ensures that all shadow legal files are kept current and in accordance with filing standards and naming convention.
• Duties may include file room maintenance (e.g., archiving, filing, updating, File Tracker, etc.).
• Customer Service
• Ensures requests for loan servicing/maintenance are processed in a timely manner (e.g., pay downs, advances, etc.).
• Responsible for meeting service level agreements for production, quality control, and responsiveness.
• Handles customer and CNB colleague (RM, Credit Officer, Manager, etc.) requests for loan requests

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement