Complex Commercial Loan Documentation Specialist

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

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.