Loan Administration Specialist III (78408)

TEXAS SECURITY BANK; Dallas (TX); On-site; USD 60,000 - 84,000; Full time

Job summary

Texas Security Bank in North Dallas, TX is seeking a Commercial Loan Administrator III to support Relationship Managers and Credit Administration by preparing loan documents and ensuring accuracy and compliance.

The role requires 4–7 years of commercial and consumer loan documentation experience, LaserPro proficiency, and meticulous attention to detail to maintain regulatory standards and bank policies across all loans.

Qualifications

• Associates or 4 Year College Degree.
• 4-7 years of Commercial and Consumer loan documentation experience.
• Laser Pro Experience.
• High attention to detail and knowledge of policies and regulations relating to loan documentation

Responsibilities

• Processing and reviewing construction advances, participation advances, C&I advances with and without borrowing bases.
• Post Loan payments and loan payoffs
• Participation Sold loans: post payments, wire funds to participants, send rate change notifications when applicable
• Participation purchased loans: post payments, wire funds for advances to participant after review of the documents to back up the draw request, process rate changes
• Provide support to the loan processors
• Monitor Capps car rental line of credit: add vehicles, releasing vehicles, maintaining spreadsheet and post payments and advances to the loan.
• Order Credit Reports
• Prepare Adverse Actions notifications
• Request appraisal bids and engage with appraiser
• Order title reports
• Run UCC searches
• Order Environmental Reports and EDR reports
• Verify outgoing wires
• Update exception report when trailing documents are received from loan closings.
• Force place insurance when needed, review of weekly reports, upload weekly report and send insurance to the insurance company on new loans and insurance received in the mail.
• Perform loan research
• Perform loan maintenance when needed
• Run flood searches
• Board and fund loans onto the bank’s core computer system
• Imaging and properly indexing credit and collateral documents for storage which includes daily work and loan files.
• Perform QC on loan files indexed to ensure all documents are scanned before shredding.
• QC of loans boarded into Precision
• Create loan perfection file to be retained after imaging.
• Tracking and reporting approved and funded transactions
• Setup real estate property tax tracking in Accumatch or send monthly report for Accumatch to load.
• Process Paid Loans
• UCC Monitoring through Ilien
• UCC Business Alert Monitoring through Ilien
• Other duties as assigned by Loan Administration/Operations Manager

Skills

Loan documentation experience

LaserPro experience

Microsoft Office

Education

Associates or 4 Year College Degree

Tools

LaserPro

Fiserv-Precision

Fiserv-Director Unity

nCino/Salesforce

Job description

Job Details

Job DetailsJob Location: North Dallas - Dallas, TX 75254Position Type: Full TimeJob Category: Banking - Loan ProcessingCommercial Loan Administrator III supports Relationship Managers, Commercial Lending Assistants and the Credit Administration Department in preparing loan documentation and maintaining effective communication with internal and external stakeholders. This role is responsible for ensuring the accuracy and uniformity of all attorney prepared and internal prepared loan documents in accordance with the credit approval. The Commercial Loan Administrator III ensures that all loans are closed and maintained in accordance with state and federal regulations and adheres to Bank policies and guidelines. The candidate must be a team player, efficient and detailed oriented and have the knowledge required for obtaining and reviewing loan documents and compliance related documents for loans.

Responsibilities

• Processing and reviewing construction advances, participation advances, C&I advances with and without borrowing bases.
• Post Loan payments and loan payoffs
• Participation Sold loans: post payments, wire funds to participants, send rate change notifications when applicable
• Participation purchased loans: post payments, wire funds for advances to participant after review of the documents to back up the draw request, process rate changes
• Provide support to the loan processors
• Monitor Capps car rental line of credit: add vehicles, releasing vehicles, maintaining spreadsheet and post payments and advances to the loan.
• Order Credit Reports
• Prepare Adverse Actions notifications
• Request appraisal bids and engage with appraiser
• Order title reports
• Run UCC searches
• Order Environmental Reports and EDR reports
• Verify outgoing wires
• Update exception report when trailing documents are received from loan closings.
• Force place insurance when needed, review of weekly reports, upload weekly report and send insurance to the insurance company on new loans and insurance received in the mail.
• Perform loan research
• Perform loan maintenance when needed
• Run flood searches
• Board and fund loans onto the bank’s core computer system
• Imaging and properly indexing credit and collateral documents for storage which includes daily work and loan files.
• Perform QC on loan files indexed to ensure all documents are scanned before shredding.
• QC of loans boarded into Precision
• Create loan perfection file to be retained after imaging.
• Tracking and reporting approved and funded transactions
• Setup real estate property tax tracking in Accumatch or send monthly report for Accumatch to load.
• Process Paid Loans
• UCC Monitoring through Ilien
• UCC Business Alert Monitoring through Ilien
• Other duties as assigned by Loan Administration/Operations Manager

Required Qualifications

• Associates or 4 Year College Degree.
• 4-7 years of Commercial and Consumer loan documentation experience.
• Laser Pro Experience.
• High attention to detail and knowledge of policies and regulations relating to loan documentation

Preferred Qualifications

• Fiserv-Precision (core system).
• Fiserv-Director Unity (document imaging).
• Microsoft Office (Excel, SharePoint, Work and PowerPoint, etc.).
• nCino/Sales Force.
• LaserPro.
• Computer/Software Programs used will include (prior experience with these is helpful):
• Knowledge of SBA loan documentation

Why join Texas Security Bank

We are more than just a Bank. Are you ready to join a team of Champions? Texas Security Bank is proud and honored to be an award-winning organization where our employees serve as brand ambassadors to our customers, our community and each other. The TSB core values;integrity, growth, team players, independent thinking, exemplary customer service, winning, innovation, collaboration, discipline to process and diligenceare the principles established that determine how we conduct ourselves and our business decisions.

Texas Security Bank is a place where you will be challenged to excel and given room to grow as a valued part of one of North Texas’ fastest-growing community banks. We are honored to be a Best Workplace by theDallas Business Journal, theDallas Morning News, and theBest Workplace Institute. The awards are a reflection of our positive workplace culture and a distinction we are proud to have earned. We work hard every day to ensure our employees know they are valued and appreciated.

We invest more resources in business education for owner managed businesses than other banks. Our focus on continuing education is truly unique and needed. We Elevate the Champions of Free Enterprise in an era where little differentiation among banks exists. Our focus on education isn’t just for our customers- it’s for our employees as well.

About Us

Texas Security Bank is an independent bank focused on the success of independent business owners. Most banks are institutional. We’re entrepreneurial. We were founded in 2008 and have grown to over $1 Billion in total assets. We do more than offer services to customers; we solve problems. We are unique in the banking industry with a mission to ‘Elevate the Champions of Free Enterprise’ and are committed to reinforcing the mission by educating business owners, elevating our customers and the community, and leading through innovation and exemplary customer service. As an organization that celebrates its wins, we are honored to be named the Dallas Morning News People’s Choice Award for Best Bank in DFW, Dallas Business Journal’s Best Place to Work and have a Net Promoter Score of 87.8 when the banking benchmark average is 30.

Texas Security Bank is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.