Commercial Loan Specialist

Job Summary

The senior commercial loan specialist's primary responsibilities are to ensure all loans are processed, closed, and documented following policies and procedures utilizing LaserPro software systems. This role will manage the loan documentation and closing pipeline and will mentor and train new loan documentation team members on the loan process from start to finish, as well as be a resource for the entire team. ** This is a Hyrbrid/St. Louis position **

Job Responsibilities

The intent of this job description is to provide a representation of the types of duties and level of responsibilities required of this position and is not intended to be an exhaustive list of all responsibilities, duties, and skills. Team members may be directed to perform job-related tasks others than those specifically stated in this description.

Maintains responsibility for initiating and driving the loan closing process, developing and maintaining relationships with third party vendors and internal/external partners, coordinating the activities, decisions, and communications amongst the team and third parties.

Coordinate and executes pre- and post-closing activities for a wide range of commercial loans.

Prepare loan documentation for new loans, loan renewals, and loan modifications with a variety of structures, collateral, rates, and terms utilizing LaserPro, ensuring quality, completeness, and accuracy.

Applies knowledge in commercial loan documentation, with proficiency in preparing various loans such as commercial and industrial (C&I), real estate, lines of credit, and construction.

Acts as a liaison with attorneys, third-party vendors and members, facilitates efforts, coordinates communications, prepares finalized loan packages and organizes official loan closings.

Serves as a source of information and assistance to the Business Services Team.

Collaborates with title companies and colleagues to facilitate timely loan closings.

Maintains responsibility for ensuring the audit of all commercial loan files are complete and compliant with Together Credit Union’s policies and state and federal regulations.

Answers inquiries from members, performs loan payment applications, researches, and resolves member issues utilizing keystone.

Required Qualifications

An equivalent combination of education, training, and experience will be considered.

5 Years of similar or related experience

College degree preferred

Knowledge, Skills, and Abilities (KSA’s)

A representation of the knowledge, skills, and abilities necessary to perform this job competently.

Knowledge of the multiple business entity types

Proficiency in Microsoft Excel

Familiar with commercial loan processing

Excellent verbal and written communications skills, effectively communicating with business members and internal partners.

Finastra/LAserPro knowledge

Work Environment

Environmental or atmospheric conditions commonly associated with the performance of this job’s functions.

Hybrid, remote and in-office setting; general office environment when in-office.

Physical Abilities

The physical demands described below are representative of those that must be met by an employee to successfully perform this job’s essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Ability to work at a computer in a stationary manner up to 8 hours daily.

Together Credit Union is an Equal Opportunity employer. The Credit Union complies with appropriate federal, state, and local laws and provides equal employment opportunities without regard to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran status, disability, or any other protected status to all qualified applicants and employees. Together Credit Union is committed to a policy of non-discrimination and dedicated to providing a positive discrimination-free work environment.