What are the responsibilities and job description for the VP, Loan Documentation Manager position at Enterprise Bank & Trust?
Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.
With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.
Together, there’s no stopping you!
Job Title:
VP, Loan Documentation Manager
Job Description:
Summary
Responsible for the overall function of Commercial Loan Documentation staff, including workflow between commercial loan documentation and the Units. Regular interaction with units, training within, and outside loan documentation, including travel to other Units and Regions. Responsible for analyzing commercial documentation packages for all loan types of commercial loans. Reviews the integrity of documents used in closing the loan, and ensures the documentation process results in legally binding documents which are in compliance with Federal regulation.
Essential Duties & Responsibilities
- Provide management of all commercial loans on an ongoing, day-to-day basis.
- Management of commercial loans including metrics measurements and individual performance measures.
- Liaison with specified legal counsel on documentation needs outside the internal documentation group.
- Work in partnership with the Relationship Managers and leaders and act as a liaison with others as needed.
- Leads the development, implementation and monitoring of loan documentation procedures assuring quality control and high-performance standards and high regulatory and compliance ratings.
- Verification of completeness of Loan Workflow applications and corresponding documents prior to documenting.
- Understanding of title commitments, letter reports, and construction binders, flood requirements, organizational documents and other internal documentation requirements in compliance with Federal Regulations.
- Responsible for providing functional, technical and leadership to the Consumer and Commercial team.
- Promotes and supports business growth by implementing and maintaining policies, procedures and performance metrics designed to ensure effective oversight.
- Activity participates in the design and delivery of LaserPro Lending functionality ensuring the platform is utilized to create maximum efficiency and usability.
- Oversee various loan documentation training and processes for Consumer renewals and modification.
- Special projects, including system enhancements, issues.
- Other duties as assigned
Qualifications
- Well versed with title work, flood requirements, entity documents and other internal documentation requirements in compliance with Federal Regulations.
- Possesses the ability to resolve documentation issues.
- Strong knowledge of Commercial Loan collateral requirements
- Solid understanding of bank’s special provisions and language substitutions in the loan documentation system and other agreements
- Ability to clearly communicate with co-workers, title companies, attorneys and other vendors as required
- Ability to solve practical problems and deal in a variety of variables in situations where limited standardization exists and ability to effectively communicate both verbally and in writing.
- Possesses a high level of flexibility, versatility, commitment, good judgment and ability to be well organized.
- Skillful at establishing priorities and channeling effort productively.
Supervisory Responsibilities
- Loan Documentation Team
Education and/or Experience
- Bachelor’s degree in Business, Finance or Accounting; equivalent years if relevant work experience.
- Seven to ten years Loan Documentation Management experience, specializing in Commercial Loans.
- Five to seven years management experience specializing in collateral document management and exception tracking.
- Strong knowledge of Consumer and Commercial loan collateral requirements.
Computer and Software Skills
- Microsoft Word, PowerPoint and Excel
- IBS
- SalesForce
- Crystal Reports
- Laser Pro Lending
- nCino
Certifications, Licenses, and Registrations
- None
Equal Opportunity Statement:
Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at
hr@enterprisebank.com
.
Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings. If you would like more information about your EEO rights as an applicant under the law, please download the Equal Employment Opportunity is the Law poster .
