Commercial Loan Documentation Specialist

The Park Bank; Madison (WI); On-site; USD 42,000 - 64,000; Full time

Job summary

The Park Bank is seeking a Commercial Processor to ensure accurate and timely packaging of business loan documents and closing packets. The role collaborates with bank staff and vendors to verify information and deliver high-quality service to clients and partners.

Responsibilities include preparing accurate loan documents, verifying CIP and authority to borrow, coordinating with Business Bankers and Credit Analysts, and ensuring signatures and closes are complete in a timely manner.

Qualifications

• High School Diploma or equivalent.
• Minimum 1-3 years’ work experience in financial environment; or equivalent combination of education and experience.
• Post-secondary degree in Business/Finance or related preferred.
• Experience in loan compliance documentation and 2-5 years in loan origination and document preparation preferred.

Responsibilities

• Prepare accurate loan documents with no critical errors.
• Review documents to verify CIP information and authority to borrow on behalf of entity.
• Communicate with Business Bankers and Credit Analysts to resolve discrepancies in information received through application/underwriting and obtained by processing through outside sources.
• Review closing packages to ensure that documents sent to closing were returned with proper signatures.
• Book renewals, modifications, extensions and basic originations in a timely manner.
• Verify accuracy of requested loan draw amounts.
• Follow-up on document exceptions with Business Bankers and title companies. Receive outstanding title policies and recorded documents.

Skills

Customer service

Attention to detail

Effective communication

Education

High School Diploma or equivalent

Post-secondary degree in Business/Finance or related

Job description

The Park Bank is seeking a Commercial Processor to ensure accurate and timely packaging of business loan documents and closing packets. The role collaborates with bank staff and vendors to verify information and deliver high-quality service to clients and partners.

Responsibilities include preparing accurate loan documents, verifying CIP and authority to borrow, coordinating with Business Bankers and Credit Analysts, and ensuring signatures and closes are complete in a timely manner.