Middle Office Loan Specialist - Remote

The Commerce Bank of Washington; Seattle (WA); Remote; USD 80,000 - 100,000; Full time

Job summary

The Commerce Bank of Washington is hiring a Middle Office Loan Specialist for a fully remote role. The successful candidate will be responsible for reviewing loan documentation, ensuring compliance with policies, and coordinating with lending teams. Applicants should have a high school degree and relevant experience in loan documentation and must be proficient in LaserPro.

Benefits

Medical, Dental and Vision Insurance - START DAY ONE!

401(k) plan with company match

Paid Training

15 days of Paid Time Off (PTO) and 11 Paid Federal Holidays

Mental health benefits including coaching and therapy sessions

Tuition Reimbursement for qualifying employees

Qualifications

• 3+ years of loan documentation and review experience.
• Experience creating documents with LaserPro is required.
• Ability to review, read, and interpret loan documentation.

Responsibilities

• Review executed loan packages for compliance with regulatory requirements.
• Submit final loan packages for funding and boarding.
• Work with lending teams to manage due diligence for loan documentation.

Skills

Attention to detail

Communication

Problem-solving

Multi-tasking

Education

High School degree or Equivalent

Tools

LaserPro

Microsoft Word

Microsoft Excel

Job description

Commerce Bank of Washington, a division of Zions Bancorporation, is currently hiring a Middle Office Loan Specialist in downtown Seattle. This is a fully remote role

This specialist will do the following:

· Advanced/Expert knowledge of general commercial loan documentation, utilizing LaserPro, preparing C&I, real estate, lines of credit, letters of credit, etc. Knowledge of loan closing processes and procedures, lending policies, compliance, and lending regulations. Ability to review, read and interpret moderately complex loan documentation. Advance knowledge of due diligence and risk management requirements

· Reviews executed loan packages for accuracy and to ensure compliance with regulatory and policy requirements.

· Review and ensure Borrower client files are organized

· Submits the final loan package for funding and boarding.

· Works directly with lending teams to collect, review and distribute due diligence items necessary for loan documentation preparation

· Strong knowledge in entity structures

· Ensures appropriate fees and expenses are recorded accurately.

· Notifies lending team of missing/incorrect items requiring action.

· Works directly with loan personnel to ensure loan documents are prepared in accordance with credit approval, loan documentation standards and regulatory requirements.

· Maintains file and follow for any post-closing items

· Reviews executed loan packages for accuracy and to ensure compliance with regulatory and policy requirements.

· Ensures appropriate approval and/or waivers and exceptions are obtained.

· Submits the final loan package to loan operations for funding and boarding.

· Other duties as assigned.

Qualifications:

· Requires a High School degree or Equivalent and 3+ years of loan documentation and review, closing or other directly related experience. A combination of education and experience may meet requirements.

· Experience creating documents with Laserpro is required

· Working knowledge of general commercial loan documentation, loan closing processes and procedures, lending policies, compliance and lending regulations.

· Ability to review, read and interpret loan documentation.

· Knowledge of due diligence and risk management requirements.

· Must be accurate and detail oriented.

· Ability to multi-task and meet deadlines.

· Must have good problem and communication skills, both verbal and written. Working knowledge of pc's and various word processing (Word and Excel) or related software.

· Medical, Dental and Vision Insurance - START DAY ONE!

· Life and Disability Insurance, Paid Parental Leave and Adoption Assistance

· Health Savings (HSA),Flexible Spending (FSA) and dependent care accounts

· Paid Training, 15 days of Paid Time Off (PTO) and 11 Paid Federal Holidays

· 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience

· Mental health benefits including coaching and therapy sessions

· Tuition Reimbursement for qualifying employees

· Employee Ambassador preferred banking products

· Employees may, at the company’s discretion, be eligible to receive a cash bonus award

· Middle Office Loan Specialist - $22 to $34 per hour depending on years of experience

HISTORY

The Commerce Bank of Washington believes that delivering exceptional service to our clients is the single most important function we perform in our role as bankers. We are dedicated to enriching businesses and professional firms by providing them and their principals with highly personalized banking and investment banking services from experienced bankers committed to long-term banking relationships. As a true partner we help local entrepreneurs and professionals realize their full potential by providing banking services that serve their unique needs.

This position will be open until filled.

All candidates, including those with criminal histories will be considered for employment. However, a background check adjudicated consistently with the FDIC Section 19 regulation will be completed on any candidate who accepts a conditional job offer from the Company. Because the Company is a financial institution, the FDIC guidelines apply to all positions within the company and as such any and all job duties have a direct relationship to a candidate’s criminal history and that criminal history would need to align with the FDIC Section 19 regulations.

Zions Bancorporation, National Association prohibits illegal discrimination and reaffirms its policy of providing Equal Employment Opportunity (EEO), by extending equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, protected veteran status, military service, sexual orientation, gender identity, genetic information or any other characteristic protected by applicable federal, state or local law.

It is the Company’s policy not to discriminate because of a person’s relationship or association with a protected veteran. This includes spouses and other family members. Also, Zions will safeguard the fair and equitable treatment of protected veteran spouses and family members with regard to all employment actions and prohibit harassment of applicants and employees because of their relationship or association with a protected veteran.

Applicants Requesting Accommodations: If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access our career site. You can request reasonable accommodations by contacting us at [e-mail] or 801/844-7618. Please email your resume/cover letter, indicate what position you are interested in and include "Accommodation needed" in the subject line to ensure your information is routed to the appropriate contact.

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The Commerce Bank a division of Zions Bancorporation, N.A. Member FDIC