Loan Appraiser

GenConnect; Chicago (IL); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Competitive salary and bonus plan

Health insurance

401k match

Flexible personal time-off program

Flexible work hours

Casual work environment

Job summary

A consulting and recruiting firm in Chicago is seeking a Loan Specialist to join their growing team. This role involves working closely with the Credit Department, reviewing lending opportunities, and managing loan documentation. The ideal candidate will have a Bachelor's degree, relevant experience in loan documentation, and strong communication skills. Competitive compensation package includes salary, bonuses, and flexible working conditions.

Qualifications

• Bachelor’s degree required.
• Paralegal experience preferred.
• Experience managing vehicle titles and legal research is advantageous.
• Up to five years in asset-based or commercial loan documentation.
• Strong communication skills essential.

Responsibilities

• Reviews and analyzes lending opportunities for due diligence.
• Prepares loan documentation and sets up files.
• Manages loan collateral and titles.
• Ensures accuracy of loan documentation compliance.
• Maintains accurate information in CRM Dynamics system.

Skills

Verbal and written communication skills

Legal documentation analysis

CRM Dynamics proficiency

Intermediate Microsoft Office skills

Education

Bachelor's degree from accredited institution

Tools

Dynamics 365

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Careers At GenConnect Recruiting and Consulting

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We are looking for someone to join a company's evolving and growing team as a Loan Specialist. In this position, you will work closely with the Credit Department and report to Term Solutions’ Vice President of Credit & Underwriting. This position will assist in the review of due diligence material for credit approvals and the servicing of existing clients.

Job Responsibilities/Essential Job Functions

• Reviews and analyzes lending opportunities to determine the appropriate due diligence necessary to document the loan. This includes credit reports, lien & judgment searches, and legal research & documentation.
• Prepares and reviews loan documentation verification checklists. Arranges and sets up files and directories for transactions.
• Prepares preliminary legal transaction documents for credit and legal review.
• Manages loan collateral including recording of title liens & UCC filings (liens, amendments, terminations, etc.) and asset lists.
• Reviews and analyzes existing loan files to ensure all documentation and compliance requirements are accurate and complete. Requests and compiles information from clients, as necessary.
• Responsible for maintaining accurate information in CRM Dynamics system.

Qualifications and Requirements

• Bachelor’s degree from accredited institution.
• Paralegal experience a plus.
• Experience with UCC filings, managing vehicle titles, and legal research a strong plus.
• Up to and including five years’ experience in documenting and closing of asset-based and/or commercial loans.
• Strong verbal and written communications skills and the ability to comprehend and analyze legal loan documentation.
• Intermediate skills in Microsoft Word, Excel, Outlook preferred.
• Proficiency with Dynamics 365.

Compensation Package

The company offers a very competitive total compensation package including base salary and bonus plan, health insurance, a generous 401k match, a great and flexible personal time-off program, flexible work hours and a causal work environment.