10 Nov
Loan Documentation
Michigan, Livonia , 48150 Livonia USA

Vacancy expired!

Loan Documentation and Preparation Specialist/ LEAD

Tenure : Long term (9 month+)
  • Develops loan documentation with low to medium complexity
  • Confirms all legal and formatting information for required documents
  • Analyzes loan documentation for required system processing and alignment with required policies and procedures
  • Evaluates documents for accuracy and compliance
  • Combines, organizes and communicates information in consumable manner
  • Possesses an understanding of commercial lending practices and corresponding documentation
  • Provides effective and concise communication to all required stakeholders (e.g. operations, technology, lenders, etc.)
  • Possesses proficiency in Microsoft Office Platform (e.g. Word, Word Mail Merge, Excel, PowerPoint, SharePoint, etc.)
  • Acts as a liaison and single point of contact for the lending and operations groups and/or Corporate Legal
  • Analyzes approval requirements while following written credit and lending policies, applicable federal regulations and state laws.
  • Prepares minor modifications to loan documents for review and approval by Corporate Legal.
  • Determines required documents necessary for the type of borrowing entity, collateral, including controls or covenants contained in the loan approval.
  • Updates tracking systems with information used for communication and measurement of department service level agreements
  • Monitors and communicates receipt and progress of loan documentation request.

Vacancy expired!


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