What are the responsibilities and job description for the Commercial Loan Administrator position at Cornerstone Capital Bank?
Job Details
Description
Cornerstone Capital Bank is a new bank, with over $330 million in capital and $2 billion in total assets, and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank. You’ll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who We Are Looking For
We are seeking an experienced Commercial Loan Administrator responsible for supporting loan officers in an administrative capacity within a highly engaged, high-service environment. First Line staff support for activities that include, assisting with commercial loans to facilitate new loans and loan closings, research and respond to customers on multiple issues from loan status to account information.
What You’ll Do
Success in this job relies on your time management skills, organization, and positive attitude. In addition, you’ll need the following qualifications:
Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.
What to do next: If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Description
Cornerstone Capital Bank is a new bank, with over $330 million in capital and $2 billion in total assets, and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank. You’ll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who We Are Looking For
We are seeking an experienced Commercial Loan Administrator responsible for supporting loan officers in an administrative capacity within a highly engaged, high-service environment. First Line staff support for activities that include, assisting with commercial loans to facilitate new loans and loan closings, research and respond to customers on multiple issues from loan status to account information.
What You’ll Do
- Assist customers with general commercial and consumer loan-related questions.
- Review all loan packages including proper approval authority, entity documentation, promissory notes, security instruments, loan agreements, lien instruments, title commitments/real property searches, appraisals, contracts, UCC searches, insurance policies, surveys, and environmental reports.
- Review customer loan files for appropriate customer verification as required by Bank policy; adhere to BSA/AML requirements and Cornerstone Bank policy.
- Prepare loan package for submission to Doc Prep if not attorney-prepared
- Prepare and organize closed loan packages for processing by Loan Operations
- Provide disclosures when necessary.
- Order Flood, Title Commitments, UCC Searches, Environmental Reports, Appraisals, and any other applicable documents.
- Coordinate loan closings with attorneys, title companies, borrowers, and lenders including closing loans when necessary.
- Assist lenders with past-due calls and letters.
- Coordinate advance requests for construction loans by ordering inspections
- Obtain Credit Reports and conduct OFAC check as requested by Lenders.
- Track collateral exceptions on new or renewed loans and load to collateral tracking system for review and indexing by the Loan Administration Officer.
- Monitor exception reports to clear exceptions in a timely manner.
- Scan and index loan packages.
Success in this job relies on your time management skills, organization, and positive attitude. In addition, you’ll need the following qualifications:
- High School diploma, GED, or equivalent work experience
- Minimum 5 years of commercial lending experience required, including processing, closing, perfecting liens, etc.
- Ability to establish and maintain positive working relationships
- Superior oral and written communication skills, ability to interface with all levels of employees and management
- A strong commitment to customer service and the ability to work quickly and accurately under constant deadlines
- Ability to independently identify resolutions to documentation and/or deadline issues
- Strong attention to detail and possess strong problem-solving skills
- Strong computer and technology-related skills
- Proficient using Microsoft Office Suite (Word, Excel, Outlook, etc.)
Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.
What to do next: If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
