AVP, Loan Documentation

Enterprise Bank & Trust; St. Louis (MO); On-site; USD 95,000 - 135,000; Full time

Job summary

Enterprise Bank & Trust is seeking an AVP, Loan Documentation to manage the Commercial Loan Documentation staff and ensure accurate, compliant closing documents across loan types. You will coordinate workflow with Units and provide training while traveling to other Units and Regions as needed.

Responsibilities include reviewing documents for compliance with federal regulations, maintaining service levels, and mentoring staff in documentation standards.

Qualifications

• Well versed with title work and regulatory requirements for loan documentation.
• Ability to resolve documentation issues and ensure accuracy.
• Strong knowledge of Commercial Loan collateral requirements.
• Understanding of bank provisions and language substitutions in docs.
• Clear verbal and written communication with co-workers, title companies, attorneys.

Responsibilities

• Monitor performance of the commercial loan documentation team and workflow.
• Review loan documents for all products to ensure terms match approvals.
• Ensure transactions comply with regulations and provide training as needed.
• Conduct monthly quality control reviews to meet internal and external standards.
• Interact with Loan Operations, Coordinators and Compliance/Legal teams to maintain efficiency.
• Prepare new and renewal loan documents via the documentation system.

Skills

Title work knowledge

Regulatory compliance

Communication skills

Problem solving

Organization

Prioritization

Education

High School Diploma

Bachelor's Degree preferred

Tools

Microsoft Word

PowerPoint

Excel

IBS

SalesForce

Laser Pro

Job description

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: AVP, Loan Documentation

Summary: Responsible for day to day management of Commercial Loan Documentation staff, including workflow between commercial loan documentation and the Units. Regular interaction with Units and 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 and Responsibilities:

• Monitor performance of the commercial team members and manage the workflow of the unit to ensure that service level agreements are being maintained.
• Review loan documents prepared in the loan documentation system or by outside counsel for all loan products to ensure that documents meet the stated terms of the Approval.
• Ensure all transactions comply with regulations and industry standards and provide training to staff as needed.
• Conduct a monthly quality control review in accordance with Bank policies and for quality and reliability to ensure all internal and external requirements are met consistently.
• Provide technical expertise and interact closely with the Loan Operations, Loan Coordinators and Compliance/Legal teams to maintain an efficient process.
• Communicate all regulatory and procedure initiations or changes to the commercial loan documentation team and loan coordinators.
• Responsible for complex commercial loan documentation that requires advanced knowledge.
• Prepare new and renewal loan documents through the loan documentation system as needed.
• Provide training when needed.
• Assist with special projects and system enhancements updates.
• Perform 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:

• Commercial Loan Documentation team

Education and/or Experience:

• High School Diploma
• Bachelor's Degree preferred
• Six to Eight years loan documentation experience, specializing in Commercial Loans.
• Three to Five years management experience
• Strong knowledge of Commercial Loan collateral requirements

Computer and Software Skills:

• Skilled in operation of a personal computer, including Microsoft Word, PowerPoint and Excel
• IBS
• SalesForce
• Laser Pro

Certificates, 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 [e-mail].

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 race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws.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 clickHERE.