This position reports to: SVP/Commercial Real Estate Relationship Manager Basic Function Provide support to the Commercial Real Estate group account officers by preparing loan files and coordinating loan closings with the Loan Operations department. Assist in collecting and monitoring the receipt of customer financial information. Essential Duties 1. Assist in closing commercial real estate loans
Gather necessary information and assemble loan files.
Prepare Loan Operations checklists for new loans, renewals, and modifications.
Order and review title insurance, flood certification, credit reports and other third-party reports and alert account officers to any issues or concerns identified prior to final approval by the account officer.
Follow up with Loan Operations and/or account officers on outstanding items.
Work with Loan Operations, account officers and attorneys to generate and review loan documents and coordinate loan closings.
Review Loan Operations line tickler summary when an originated or renewed loan is booked to determine that all Financial Information Reporting & Monitoring requirements from the approved loan Application are correctly reflected.
2. Monitor receipt of financial information
Review loan accounting system reports to identify financial reporting information that is due, or past due. Contact customers to request updated information and notify the account officer of non-response or challenges in obtaining required information.
Upon receipt of financial information from customers, save to the shared drive and notify Loan Operations & the CRE Administration Officer of receipt.
Review operating account covenants.
Prepare Financial Tickler Exception Summary, tracking tickler exceptions over 30 days past due, for review at CRE department meeting.
3. Assist with management of client relationships
Respond to client inquiries.
Work with Loan Operations, Deposit Operations and Treasury Management to meet clients’ banking needs.
Obtain information from customers that is required to open new deposit account and coordinate account opening with Treasury Management.
Serve as liaison between Treasury Management and CRE customers.
Complete compliance-related documentation including beneficial ownership and customer identification program.
4. Additional departmental duties
Attend department meetings
Attend training as required
5. Participate in CRA activities 6. Complete commercial loan projects as assigned by the Senior Vice President of CRE Nonessential Duties