Senior Commercial Loan Documentation Specialist

First Mid Bancshares, Inc.; Beloit (WI); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) with company match

Employee Stock Purchase Plan

Generous PTO

Paid holidays & parental leave

Tuition reimbursement

Performance-based bonuses

Job summary

First Mid Bancshares, Inc. is seeking a Commercial Loan Documentation Specialist in Beloit, WI. The role focuses on analyzing loan documentation for complex commercial and CRE loans, ensuring timely delivery and minimizing risk.

You will interact with loan officers, processors and credit administration to resolve discrepancies and maintain status updates. Qualifications include a High School diploma or equivalent (Associates preferred) and 3+ years in banking or loan processing, with strong

Qualifications

• Education: High School diploma or equivalent; Associates preferred.
• Experience: 3+ years banking, clerical or loan processing experience.
• Extensive knowledge of policies, procedures and relevant regulations governing loan documentation.

Responsibilities

• Identify and report non-compliance incidents in loan files and clear deficiencies with processors/officers.
• Develop understanding of updated regulatory and policy exceptions.
• Review and analyze loan documentation, including complex commercial and CRE loans, ensuring accurate drafting of documents.
• Lead communication with loan officers and staff to resolve discrepancies and provide status updates.
• Provide training on complex loans and entity structures, including SBA loans and multi-cross collateralized loans.
• Mentor Loan Processors and identify control weaknesses with actionable recommendations.
• Analyze collateral verifications (UCC searches, title commitments, appraisals) and ensure lien perfection.
• Update input checklists for compliance and loan documentation standards.
• Offer subject matter expertise to answer questions on loan documentation and status.

Skills

Regulatory compliance

Loan documentation knowledge

Communication

Detail oriented

Time management

Microsoft Excel

Microsoft Office

Education

High School diploma or equivalent

Associates degree preferred

Tools

Premier systems

MS Office

Job description

First Mid Bancshares, Inc. is seeking a Commercial Loan Documentation Specialist in Beloit, WI. The role focuses on analyzing loan documentation for complex commercial and CRE loans, ensuring timely delivery and minimizing risk.

You will interact with loan officers, processors and credit administration to resolve discrepancies and maintain status updates. Qualifications include a High School diploma or equivalent (Associates preferred) and 3+ years in banking or loan processing, with strong