Commercial Loan Documentation & Funding Specialist

ADP, Inc.; Orland Park (IL); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

Health insurance

Retirement plans (401(k) + ESOP)

Paid time off

FunRewards checking account

Job summary

Marquette Bank in Orland Park, IL is seeking a Loan Documentation Specialist to complete loan documentation, funding, collateral perfection, and project tracking for real estate financing. You will prepare, review, and monitor documentation, ensuring proper execution and timely file recording.

Ideal candidates have a bachelor’s or equivalent CRE lending credentials and at least 5 years of CRE loan documentation experience, with strong regulatory knowledge and multitasking abilities.

Qualifications

• Bachelor’s Degree preferred or certification in Business Law, Business Finance or Commercial Real Estate Lending.
• Minimum 5 years’experience with commercial real estate loan documentation, construction loan documentation and commercial loan documentation.
• Working knowledge of bank operations, systems and regulatory guidelines.
• Self-motivated and willingness to implement changes to improve bank performance.
• Strong communication, organization and time management skills.
• Team-oriented.
• Ability to handle and complete multiple tasks under time constraints.
• Demonstrates an ability to handle difficult and sensitive business situations.
• Good analytical and problem-solving skills.

Responsibilities

• Confirm loan presentation requests adhere to Loan Policy and have the proper approval authority.
• Review and evaluate supporting documents provided by the Commercial Banking origination team.
• Prepare and review loan documents utilizing software.
• When loan documents are prepared by outside counsel, forward supporting documentation to counsel and review documents prepared by counsel.
• Review executed loan documents and verify that the documents are properly executed.
• Set up file monitoring in tickler systems.
• Forward documentation to the proper recording office to record and perfect the Bank’s lien on collateral.
• Resolve documentation exceptions listed in system.
• Process and balance construction draw requests for funding internally or through a title company construction escrow.
• Assist in reviewing loan policies, procedures, strategies and delivery systems utilized in the loan documentation process.
• Participate in Disaster Recovery/Business Continuity initiatives as assigned.
• Prepare monthly department report.
• Actively comply with all applicable laws and regulations to include the Bank Secrecy Act, the Community Reinvestment Act, and all other deposit, lending, or non-deposit service regulations; adhering to the Bank’s internal policies, procedures, and risk management responsibilities contained in the Employee Handbook, the Employee Code of Conduct, and other applicable policies.
• Perform job-related responsibilities that support departmental and organizational goals, consistent with the scope and purpose of the position.

Skills

Strong communication

Team-oriented

Time management

Analytical skills

Problem solving

Multitasking

Regulatory knowledge

Adaptability

Discretion

Education

Bachelor’s Degree preferred or certification in Business Law, Business Finance or Commercial Real Estate Lending

Job description

Marquette Bank in Orland Park, IL is seeking a Loan Documentation Specialist to complete loan documentation, funding, collateral perfection, and project tracking for real estate financing. You will prepare, review, and monitor documentation, ensuring proper execution and timely file recording.

Ideal candidates have a bachelor’s or equivalent CRE lending credentials and at least 5 years of CRE loan documentation experience, with strong regulatory knowledge and multitasking abilities.