Loan Documentation Specialist: CRE & Construction Funding

Marquette Bank; Orland Park (IL); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Disability insurance

Paid time off

401(k) with ESOP

Free checking account

Job summary

Marquette Bank is seeking a Loan Documentation Specialist in Illinois to complete loan documentation, funding, collateral perfection, and construction project tracking. You will prepare collateral files and secure loan documentation files as part of a rigorous process.

The role requires 5+ years in CRE loan and construction loan documentation, a bachelor's degree or equivalent certification, and strong organizational and communication skills.

Qualifications

• Bachelor's Degree preferred or certification in Business Law, Business Finance or Commercial Real Estate Lending.
• Minimum 5 years' experience with commercial real estate loan documentation, construction loan documentation and commercial loan documentation.
• Working knowledge of bank operations, systems and regulatory guidelines.
• Self-motivated and willingness to implement changes to improve bank performance.
• Strong communication, organization and time management skills.
• Team-oriented.
• Ability to handle and complete multiple tasks under time constraints.
• Good customer service skills.
• Demonstrates an ability to handle difficult and sensitive business situations.
• Good analytical and problem-solving skills.

Responsibilities

• Review and evaluate supporting documents provided by the Commercial Banking origination team.
• Prepare and review loan documents utilizing software.
• Forward documentation to counsel and review documents prepared by counsel.
• Review executed loan documents and verify proper execution.
• Set up file monitoring in tickler systems.
• Forward documentation to the proper recording office to record and perfect the Bank's lien on collateral.
• Resolve documentation exceptions listed in system.
• Process and balance construction draw requests for funding internally or through a title company construction escrow.
• Assist in reviewing loan policies, procedures, strategies and delivery systems utilized in the loan documentation process.
• Prepare monthly department report.
• Ensure compliance with applicable laws and internal policies.
• Participate in Disaster Recovery/Business Continuity initiatives as assigned.

Skills

Communication

Time management

Organization

Teamwork

Customer service

Problem solving

Self-motivation

Education

Bachelor's degree preferred

Certification in Business Law/Finance/CRE Lending

Job description

Marquette Bank is seeking a Loan Documentation Specialist in Illinois to complete loan documentation, funding, collateral perfection, and construction project tracking. You will prepare collateral files and secure loan documentation files as part of a rigorous process.

The role requires 5+ years in CRE loan and construction loan documentation, a bachelor's degree or equivalent certification, and strong organizational and communication skills.