What are the responsibilities and job description for the Commercial Loan Documentation Specialist position at Strategic Systems?
Shift Time : 8am-5pm
This in an onsite position with possibility of being Hybrid after training.
Job Brief : This position is responsible for the review of loan documentation for complex commercial loan clients and the booking of basic commercial loans. The incumbent will participate as a team member dedicated to supporting the growth and servicing of the Specialty lines of business and providing the highest quality of customer service to internal and external clients.
Required Qualifications :
Level I :
High School Diploma or equivalent.
Knowledge of basic accounting principles.
Ability to work under pressure and meet deadlines.
Ability to make basic judgments and decisions.
Good understanding of loan documentation and regulations relating to loans, as well as knowledge / experience of the loan accounting systems, monetary processing and some system maintenance functions.
Proven strong customer service skills and work ethic.
Proven analytical skills.
Open minded and adaptable to new ideas in a changing environment. (SBU)
Obligor Database
Essential Job Function :
Level I Functions :
Reviews loan document packages and ensures all documents are present to ensure Banks position. Identifies and cites loan exceptions as appropriate to ensure the communication of documentation issues. Able to interpret and book collateral associated with complex commercial loans. Book basic commercial loans, including lines for Letters of Credit and bought participations. Identify simple contradictions in documentation / booking requests and seek resolution from RM and / or Credit Officer. Facilitates simple validation of borrowing entity. Ability to work in on-line, image enabled work queues to ensure timely processing of tasks. Effective utilization of dual monitor environment. Ability to work in and support virtual team environment. Cross-site partnering Best practice sharing. Accurate identification and indexing of task related documents. Answer customers basic questions and inquiries. Prioritize work for self and team. Be committed to continuous improvement. Effective use of on-line queues to ensure timely processing of tasks. Ability to work in on-line imaged enabled work queues. Effective utilization of dual monitor environment. Support of virtual team environment. Accurate identification and indexing of task related documents. Cross-site partnering. Best practice sharing.
