Paralender

Builtwell Bank

Chattanooga (TN)

Hybrid

USD 50,000 - 70,000

Full time

11 days ago

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Job summary

Builtwell Bank's Broad Street Branch in Chattanooga is seeking a Paralender in Commercial Banking to assist Advisers with processing and maintaining a large commercial loan book, with emphasis on real estate and construction lending. You will support daily loan operations and ensure timely documentation to help manage risk and client satisfaction.

Responsibilities include coordinating appraisals, title work, closings, and loan draws; advancing loans through inspections for percentage of

Qualifications

  • Experience with commercial loans from request, through approval, appraisal, title work, and documentation through closing and post-closing.
  • Experience with loan advances through the inspection for percentage of completion process.
  • Experience in portfolio maintenance such as clearing of technical and financial exceptions, collection of past dues, renewal of matured loans, and updating inventory.

Responsibilities

  • Assists with customer contact and resolution of customer problems.
  • Orders appraisals and title work.
  • Prepares instructions for document processing.
  • Ensures preparation of documents and closings are completed as approved.
  • Orders construction inspections and prepares construction draws.

Skills

Commercial Loans
Loan Documentation
Construction Lending
Portfolio Maintenance

Job description

Broad Street Branch

728 Broad St

Chattanooga, TN 37402, USA

Description

A Paralender in our Commercial Banking area is responsible for assisting Commercial Banking Advisers with processing and maintaining a large commercial loan book of business with special emphasis on real estate and commercial construction lending.

Job Duties and Primary Responsibilities
  • Assists with customer contact and resolution of customer problems.
  • Orders appraisals and title work.
  • Prepares instructions for document processing.
  • Ensures preparation of documents and closings are completed as approved.
  • Orders construction inspections and prepares construction draws.
Desired Qualifications
  • Experience with commercial loans from request, through approval, appraisal, title work, and documentation through closing and post-closing.
  • Experience with loan advances through the inspection for percentage of completion process.
  • Experience in portfolio maintenance such as clearing of technical and financial exceptions, collection of past dues, renewal of matured loans, and updating inventory.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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