Post Job Free
Sign in

Commercial Lending Assistant - Orlando, FL

Company:
Valley National Bancorp
Location:
Orlando, FL, 32801
Posted:
May 07, 2024
Apply

Description:

Responsibilities include, but are not limited to: * Assist Lenders in procuring documentation and information essential to loan application processing and ongoing portfolio management.

* Review approval for accuracy, and coordinate revisions, as necessary.

* Assist lenders with providing superior customer service to existing customers by resolving issues and providing accurate and timely information.

* Engage Attorney or Doc Prep to prepare documents for closing.

* Collect due diligence needed to close loans in accordance with approval.

* Act as liaison with attorneys and lenders and coordinate closing dates.

* Obtain all necessary Insurances and ensure sufficient coverage requirements are met prior to closing.

* Responsible for upholding and enforcing all stated Bank policies.

* Process loan payments, draws on lines of credit, payoffs and credit advances.

* Monitor pipeline reports to ensure timely closings.

* Carefully review loan documents for closing to ensure accuracy, close loans when necessary.

* Review Title Commitment and Final Title Policy for accuracy.

* Clear any documentation exceptions.

* Communicate with Lenders any issues that arise prior to closing.

* Order items necessary to complete the file.

* Prepare Commitment Letters when required.

* Disburse loan proceeds at closing.

* Prepare booking packages post-closing.

* Implement new procedures in accordance with policy changes.

Apply