Pre-Closing Representative

BankFirst Financial Services; Coldwater (MS); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

EO employer

Veteran friendly

Disability inclusion

Job summary

BankFirst is seeking a Loan Documentation Specialist responsible for pre-closing reviews of consumer and selected commercial loans and preparing close packages in a timely manner. The role ensures conformance with loan documentation requirements and bank policy, while supporting compliance across BankFirst markets.

Qualified candidates will have at least three years of experience in loan documentation, strong detail orientation, and excellent written and verbal communication skills.

Qualifications

• Minimum of three years in consumer and commercial loan documentation.
• Broad knowledge of loan compliance and regulatory requirements.
• Superior attention to detail and accuracy.
• Strong written and oral communication skills.

Responsibilities

• Verify loan documents required to support approved terms and conditions and adherence to loan policy.
• Prepare documentation for new, renewal and modified loans using internal documentation software.
• Produce complete, enforceable loan document packages including notes, loan agreements and collateral documents.
• Assist with third-party services such as UCC filings, flood determinations, and Secretary of State standings.
• Guide lending personnel on documentation, policy and procedural issues.
• Notify lenders of potential problems and recommend resolutions.
• Participate in training and projects related to pre-closing and compliance.
• Support Department Manager and assist with bank initiatives.

Skills

Loan documentation

LaserPro

Regulatory compliance

Attention to detail

Written & verbal communication

Time management

Organization & prioritization

Critical thinking

Tools

LaserPro

Job description

BASIC PURPOSE:This position is responsible for performing pre-closing reviews of consumer and selected commercial loans and determining conformance with documentation requirements as well as bank credit policy standards and approval requirements. In addition, preparing loan closing packages for all BankFirst markets within defined turnaround time standards and ensuring adherence to prescribed compliance requirements.

PRINCIPLE ACCOUNTABILITIES

• Verify loan documents required to support approved terms and conditions, including reviewing entity and collateral documentation, lending authorities, and adherence to terms, pricing and conditions approved by senior-level management and/or bank loan committees.
• Prepare documentation for all new, renewal and modified loans, including consumer and non-real estate commercial loans, utilizing the bank’s internal documentation preparation software.
• Produce complete, accurate and enforceable loan document packages, including promissory notes, loan agreements, security agreements, financing statements and all necessary documents for collateral lien perfection.
• Assist with third-party services, including UCC filings and searches, flood determinations, Secretary of State standings and other external documentation as required
• Serve as a resource to all bank lending personnel and loan support areas by providing guidance and/or consultation on any documentation, policy or procedural issue
• Notify lenders of potential problems and make recommendations for resolution of problems or conflicts associated with loans and/or collateral
• Participate in training sessions, webinars and/or projects relating to pre-closing and compliance
• Provide support to Department Manager and assist with the execution and implementation of bank initiatives and the training of bank lending personnel

EDUCATION, EXPERIENCE, SKILLS

• Minimum of three (3) years of work experience in consumer and commercial loan documentation, with LaserPro experience preferred
• Broad knowledge in loan compliance and regulatory requirements, with strong understanding of loan documentation for consumer and non-real estate commercials loans
• Superior attention to detail and accuracy
• Strong written and oral communication skills
• Effective organizational and time-management skills
• Ability to handle heavy volumes of work under pressure in a deadline-driven environment
• Proficient PC and technical skills necessary to perform related job duties
• Excellent multi-tasking and prioritizing skills
• Strong critical thinking and decision-making skills

BankFirst is an EO employer- M/F/Veteran/Disability