Commercial Loan Coordinator - CRE

Busey Bank; Dallas (TX); Hybrid; USD 33,000 - 43,000; Full time

Benefits offered by this job

401(k) matching

Profit sharing

Employee stock purchase plan

Paid time off

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability

Voluntary life insurance

Disability coverage

Job summary

Busey Bank is seeking a Loan Coordinator I in Dallas to manage data integrity for customer and loan information within loan applications and product packages. You will work closely with Relationship Managers to support new loan requests, renewals, and modifications, while building relationships with clients and third-party vendors.

Key duties include processing loan requests, ensuring input data accuracy, collecting required documentation, and coordinating with Credit, Compliance, and Loan

Qualifications

• Strong oral and written communication skills.
• Strong organizational skills.
• Proficient with Microsoft Office and bank systems.
• Multi-task and work independently.
• Handle time-pressured work environments.

Responsibilities

• Develop and apply knowledge of the bank’s credit culture and advise Relationship Managers on deviations from standard practices.
• Act as a resource for Relationship Managers on loan operations and processing of loan requests.
• Serve as a liaison between commercial lending departments during the loan process.
• Manage annual renewals, new loan requests and monthly reporting across all loan types.
• Enter customer and loan information into the loan origination system with data integrity at input.
• Obtain pre-closing documentation (e.g., flood letters, title work, appraisals).
• Interact with clients to collect data and documents per RM directions.
• Review closed loan packages to ensure no unapproved changes at closing.

Skills

Data entry

MS Office

Organization

Communication

Banking systems

Education

High School diploma

2+ years banking experience

Tools

Loan origination system

Job description

Position Summary

The Loan Coordinator I is responsible for the data integrity of customer and loan information as it is populated within loan applications and product packages and is the primary associate that works alongside the Busey Relationship Manager (RM). The coordinator collaborates with sales leaders on the generation of new loan requests, renewals, modifications or other customer requests within the Bank's loan origination system and develops strong working relationships with the Bank's external customer base and third-party vendors.

Duties & Responsibilities

• Develop and apply strong knowledge of the Bank’s “credit culture” and in partnership with Loan Coordination leadership advise Relationship Managers on deviations from standard practices.
• Acts as a resource for Relationship Managers on loan operations and the processing of loan requests through the loan operation system.
• Functions as a point of contact for other internal departments during the loan process, serving as a liaison between commercial lending departments such as Credit, Compliance, Deposit Operations, Loan Documentation, Loan Servicing and Post-Closing Review.
• Manages and oversees annual renewals, new loan requests and monthly reporting tasks on all loan types.
• Completes daily processes and maintains pace with month end, quarter end and year end volume levels.
• Enters customer and loan information into the Bank's loan origination system with specific attention to data integrity at the point of input.
• Obtains all pre-closing documentation requirements, such as flood letters, title work, appraisals, entity documents, corporate searches, credit bureau reports.
• Interacts, both verbal and written, with clients per Relationship Manager’s direction on collecting data, documents, and various general customer service requests.
• Reviews closed loan packages to ensure no changes to loan documents were made at closing without approval per loan policy.
• Requests Change Memos reflecting adjustments made to the loan request Post Approval.
• Verifies recordation and collateral perfection if applicable.
• Monitors and assist in clearing exception items.
• Monitors monthly reports for RM Team.
• Assists in processing and responding to daily overdrafts per RM instructions and bank policies as needed.
• Assembles and coordinates required financial information from Client to Credit Department for analysis as needed.
• Provides back-up support for other Loan Coordinators during vacations and other high-volume periods.
• Performs other duties as assigned.

Education & Experience

• Strong oral and written communication skills.
• Strong organizational skills.
• Strong Computer skills, including proficiency with Microsoft Office products and other proprietary bank systems.
• Multi-task and work independently.
• Perform duties under frequent time pressures.
• Complete work with frequent interruptions.
• Handle difficult problems involving multiple facets and variables in non-standardized situations.

Education and Training

• Requires High School diploma.
• Requires 2 or more years of related banking experience, commercial banking experience preferred.

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance. (Base Pay Range: $24 - $31/ hour) Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results.

• 401(k) match
• profit sharing
• employee stock purchase plan
• paid time off
• medical
• dental
• vision
• company-paid life insurance
• long-term disability
• supplemental voluntary life insurance
• short-term and long-term disability
• wellness incentives
• employee assistance program
• pre-tax health savings accounts
• flexible spending accounts

Equal Opportunity Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent.

Busey is an Equal Opportunity Employer including Disability/Vets.

Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

Busey offers diverse employment opportunities - both remote and onsite in Arizona, Colorado, Florida, Illinois, Indiana, Kansas, Missouri, New Mexico, Oklahoma and Texas. We strive to place talent applicants in positions that fit both their skillset and career goals.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent.

Busey is an Equal Opportunity Employer including Disability/Vets.

Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.