Commercial Loan Documentation Specialist

Farmers National Bank of Canfield; Canfield (OH); On-site; USD 45,000 - 60,000; Full time

Job summary

Farmers National Bank Canfield is seeking a detail‑oriented associate to assist in all phases of the Commercial Loan Department, providing support for commercial lenders, portfolio managers and branches.

You will prepare and input commercial loan documents (C&I, CRE, construction, ABC lines of credit, standby letters of credit), review for lien perfection and policy compliance, and coordinate with outside records.

Qualifications

• High School diploma or GED.
• Minimum of three years commercial loan related experience; title company experience preferred.
• Knowledge of loan documentation systems (e.g. Laser Pro) a plus.
• Ability to prioritize and multi task.
• Strong attention to detail and effective time management are required.
• Knowledge of Word, Excel, Internet navigation/research, and Outlook is expected.
• Ability to clearly and effectively communicate both verbally and in writing.

Responsibilities

• Prepare and input commercial loan documents to reflect the structure of the approval.
• Review loan documents for accuracy and compliance with bank policies and lien perfection requirements.
• Review outside supporting documentation to ensure compliance with loan approval.
• Research governmental and public records to assess borrowing entities and signers.
• Review executed loan documents for accuracy and forward documents for recording.
• Record and file liens, titles and UCC Statements.
• Process paid-off commercial loans and release liens.
• Organize loan files and forward to Loan Servicing for core-system setup.
• Request files from the vault to process loan documents.
• Complete mandatory training including BSA/AML procedures.
• Complete other duties as assigned.
• Regular, predictable attendance is an essential requirement.

Skills

Prioritization

Attention to detail

Time management

Communication skills

Multitasking

Education

High School diploma or GED

Tools

Laser Pro

Word

Excel

Outlook

Internet navigation/research

Job description

Description

Job Details

Description

SUMMARY

To assist in all phases of the Commercial Loan Department, to include support for all Commercial Lenders, Special Accounts Manager, Portfolio Managers and branches.

ESSENTIAL DUTIES And RESPONSIBILITIES

• Prepare and input commercial loan documents to include commercial C&I loans, commercial real estate, construction loans, ABC lines of credits, standby letters of credits, modifications and renewals to represent the structure of the approval.
• Review loan documents for accuracy and compliance of bank policies in order to meet all lien perfection requirements, policy requirements, financial and non financial conditions and any regulatory requirements pertaining to the loan.
• Review all outside supporting documentation including but not limited to Articles of Incorporation, By Laws, Trust Agreements, Operating Agreements, Searches, Appraisals, Insurance Policies and Flood Certifications to ensure compliance with loan approval.
• Research governmental and public records to assess borrowing entity, guidelines for lien perfection, purchase money notifications and authorizations of signers associated with LLC, LLP and Trust.
• Review executed loan documents for accuracy, forward documents for recording, follow-up for filing information and prepare disbursements.
• Accurately record and file liens, titles and UCC Statements
• Accurately process paid-off commercial loans, release appropriate liens and disburse final documents to the clients
• Organize loan files; make required copies and forward file to Loan Servicing for set-up on the core system.
• Request files from the vault in order to process loan documents.
• Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations.
• Complete other duties as assigned
• Regular, predictable attendance is an essential requirement of this position

EDUCATION And/or EXPERIENCE

• High School diploma or General Education Degree (GED)
• Minimum of three (3) years commercial loan related experience; title company experience preferred
• Knowledge of loan documentation systems (e.g. Laser Pro) a plus
• Ability to prioritize and multi task
• Strong attention to detail and effective time management are required
• Knowledge of Word, Excel, Internet navigation/research, and Outlook is expected
• Ability to clearly and effectively communicate both verbally and in writing

E-Verify is used to confirm the identity and employment eligibility of all newly hired employees.

Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran