Commercial Loan Documentation Representative

First National Bank of Pennsylvania; Hermitage (Mercer County); On-site; USD 60,000 - 75,000; Full time

Job summary

First National Bank of Pennsylvania is seeking a Commercial Loan Documentation Representative to prepare closing and modification documents for complex commercial transactions. You will work with Relationship Managers to ensure loan structures comply with bank policy and procedures.

The role involves preparing closing and modification documents, including those drafted by outside counsel, and coordinating with colleagues to meet documentation requirements.

Qualifications

• 5+ years of experience in commercial loan documentation.
• High School diploma or GED required.

Responsibilities

• Prepares closing documentation for Commercial Loan requests.
• Prepares modifications for all types of Loan Modifications including those documented by outside counsel.
• Prepares closing documents for loan requests that include non-standard covenants or alterations to standard bank language; may include specialty documents for complex collateral.
• Prepares Commitment Letters and Closing Documents for Tax Anticipation Loans, SWAPs, Letters of Credit and SBA Loans (7A and Express).
• Consults with Relationship Managers and their support staff regarding loan structure and documentation requirements; assists less experienced staff.
• Performs other related duties and projects as assigned.

Education

High School or GED

Job description

Primary Office Location: 4140 East State Street. Hermitage, Pennsylvania. 16148.

Join our team. Make a difference - for us and for your future.

Position Title: Commercial Loan Documentation Representative

Business Unit: Operations

Reports To: Supervisor of Loan Operations

Position Overview

This position is primarily responsible for preparation of Closing and Modification Documents for Complex Commercial Transactions as well as the enforcement of Bank Commercial Lending Policy and Procedure. The incumbent consults with Relationship Managers and their Support staff regarding loan structure as well as policy and procedure.

Primary Responsibilities

• Prepares closing Documentation for Commercial Loan requests
• Prepares modifications for all types of Loan Modifications including those loans that were initially documented by outside counsel.
• Prepares closing documents for loan request that include non-standard covenants (language may or may not be provided) or alterations or omission of standard Bank Language. This may include preparation of Specialty Documents for Complex collateral such as intellectual property, liquor licenses, billboards etc.
• Prepares Commitment Letters and Closing Documents for Tax Anticipation Loans, SWAPs, Letters of Credit and SBA Loans (both 7A and Express)
• Consults with Relationship Managers and their support staff regarding loan structure and documentation requirements. Assists less experienced staff members with questions.
• Performs other related duties and projects as assigned.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.
• F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Education

High School or GED

Minimum Years Experience

5

Special Skills

N/A

Special Licenses and Certificates

N/A

Physical Requirements

N/A

Equal Employment Opportunity (EEO):

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.