Business Banking Loan Documentation Specialist

Community Bank, N.A.; Lyndon (NY); On-site; USD 30,000 - 42,000; Full time

Benefits offered by this job

11 paid holidays

Paid vacation

Medical insurance

Vision & Dental insurance

401K with generous match

Pension

Tuition Reimbursement

Banking discounts

Job summary

Community Financial System, Inc. (CFSI) is seeking a Business Banking Loan Documentation Specialist to support Community Bank, N.A. in preparing loan closing documents for real estate and non-real estate loans and to maintain accurate credit files across multiple states.

The role requires 2+ years in lending/credit documentation, strong attention to detail, and familiarity with NextGen or LaserPro; you will coordinate with lenders and branch managers and provide top-notch customer service.

Qualifications

• 2+ years lending/credit/loan documentation experience.
• Ability to review and interpret credit approval information.

Responsibilities

• Prepare commitment letters and loan closing documents for real estate and non-real estate loans in accordance with approvals and policy.
• Establish pre-closing checklists for tracking of approval conditions.
• Coordinate with Lenders and Branch Managers to ensure receipt of required materials for BB loan submission.
• Provide exemplary customer service to internal and external customers to achieve department goals.
• Maintain knowledge of laws, regulations, policies, and internal controls and complete required training.
• Back-up to Specialists as needed and perform other duties as requested.

Skills

Loan documentation

Credit interpretation

Attention to detail

Customer service

Education

Associates Degree in business or related field

Tools

NextGen

LaserPro

Job description

Business Banking Loan Documentation Specialist

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

Responsibilities

Interpret and process Business Banking loan applications using the NextGen digital platform in a highly accurate and timely manner. Utilization of credit memo, approval.commitment letter and credit file information to properly prepare loan closing documentation. Manage personal workload to complete assignments in a timely manner and achieve departmental goals.

• Prepare commitment letters and loan closing documents, including real estate and non-real estate loans, in accordance with approvals and bank loan policy.
• Establish pre-closing checklists for tracking of approval conditions.
• Understand and interpret loan application information, credit files and loan approvals
• Interpret credit files and loan approvals in order to prepare commitment letters, as well as order, collect and track mortgage due diligence information necessary prior to closing and the preparation of loan, closing documents in an accurate and timely manner.
• Knowledge of loan application requirements in order to identify missing information from the loan package
• Coordinate and communicate with Lenders and Branch Managers to ensure follow up and receipt of all required materials relative to BB loan submission.
• Assist in maintaining BB Department mailboxes to include resolution or response to inquires sent.
• Provide exemplary customer service to both internal and external customers in an effort to achieve departmental goals
• Maintain proficient knowledge of, anddemonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures and internal controls, and meet all job-specific training requirements.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner.
• Administration of Business Banking Loan CreditFiles and record retention.
• Provide back-up to Specialists as needed.
• Other duties as requested

Qualifications

Education/Training:

• Associates Degree or equivalent in a business field of study (finance, management, economics, accounting) or equivalent related experience with minimum of 2+ years Lending/Credit/Loan Documentation.
• All applicants must be 18 years of age or older.

Skills:

• Proficient reading, writing, grammar, and mathematic skills
• Strong interpersonal and communication skills (both verbal and written)
• Strong attention to detail and proven organization skills
• Superior customer service skills.
• Ability to review and interpret credit approval information.
• Comprehensive understanding of commercial loan documents, processes and collateral perfection.
• Understanding of financial statement composition with ability to interpret and connect financial data from various sources
• Knowledge of Microsoft Word and Excel.
• NextGen and LaserPro knowledge a plus.

Experience:

• Minimum 2 years of experience in lending/credit analysis environment, paralegal and/or commercial construction monitoring experience a plus.
• General knowledge of Commercial Lending Policies, Procedures and Products.

Other Job Information

Hours: 40 hours/week

Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.

The Company is an affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.

The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.

Minimum

USD $21.75/Hr.

Maximum

USD $30.50/Hr.