Commercial Loan Documentation Analyst

FIRST INTERNATIONAL BANK & TRUST; Edina (MN); On-site; USD 65,000 - 90,000; Full time

Job summary

First International Bank & Trust in Edina, MN is seeking a Loan Documentation Review Specialist to join our Loan Operations team. You will review attorney-prepared loan documents to ensure they reflect approved terms and bank policy, and you will prepare in-house documents using LaserPro and verify signing authority.

Collaborate with lenders, attorneys, and internal partners to resolve discrepancies and ensure accuracy across commercial, CRE, and agricultural loans.

Qualifications

• Experience reviewing and interpreting attorney-prepared loan documentation and corporate organizational documents is required.
• Associate's degree and at least four years of experience in loan documentation, credit review, bank examination, or a similar risk- or compliance-focused role; or an equivalent combination of education and experience.
• Working knowledge of commercial lending documentation and the ability to understand loan terms, conditions and financial components required.

Responsibilities

• Review and analyze attorney-prepared loan documentation to ensure it aligns with approved credit terms and bank policy, including loan covenants, financial reporting requirements and potential risk indicators.
• Review and interpret corporate organizational documents, including bylaws, resolutions and related records, to evaluate governance requirements and confirm authorized signers.
• Review commercial, commercial real estate and agricultural loan terms, conditions and financial components outlined in credit approval documents.
• Prepare loan document packages that accurately reflect approved terms and bank policy, including notes, security agreements and mortgages, guarantees, assignments, UCC filings, subordination agreements, closing instructions and other supporting documentation.
• Identify documentation discrepancies and work collaboratively with lenders, attorneys, and internal partners to resolve issues and make necessary revisions.
• Develop expertise in Reserve Based Lending structures and documentation requirements and provide support for specialized RBL relationships.

Skills

Loan documentation review

Corporate documents interpretation

Attention to detail

Analytical skills

Education

Associate's degree in a related field

Job description

First International Bank & Trust in Edina, MN is seeking a Loan Documentation Review Specialist to join our Loan Operations team. You will review attorney-prepared loan documents to ensure they reflect approved terms and bank policy, and you will prepare in-house documents using LaserPro and verify signing authority.

Collaborate with lenders, attorneys, and internal partners to resolve discrepancies and ensure accuracy across commercial, CRE, and agricultural loans.