Job Summary: This position supports the commercial loan department with preparing all loan documentation required to accurately close organic credits as approved, as well as reviews all loan documentation of lead banks in regards to participation loans purchased to ensure regulatory compliance, and that they are documented as approved.
•Reviews the loan requests and renewals, requesting any additional documentation that may be needed; performs due diligence for assigned loans, validating entity status for applicable parties to loans; orders appraisal, flood, title insurance; UCC search and any and all related functions needed to effectively complete and close a loan/renewal.
•Prepares the engagement letters for appraisers, attorneys and title companies. Works with the attorneys when necessary and is the primary contact for the title companies.
•Reviews title commitments for accuracy and addresses any issues that may need to be resolved.
•Coordinates loan closings with Lenders and other outside parties when required.
•Notifies Lender of loan status and communicates any issues that may arise.
•Works closely with all parties to ensure loans are documented accurately according to approval to secure all types of commercial loans.
•Works closely with Loan Participation Partners on all new/modified/renewed loans; gathers documentation required prior to funding; verifies regulatory compliance, ensures loans are correctly documented as approved; tracks and verifies any and all “subject to” items; prepares new participation set-up documentation.
•Works closely with staff to maintain the “tickler management” process within both core and LP platform systems; verifies insurance, financial statements, etc.
•Works with staff to maintain and build new/renewal note post-closing audit system.
•Works with staff to build and maintain commercial files.
•Performs other tasks in support of loan operations as requested.
•Is responsible for successful completion of all required compliance training. Participates in training meetings to keep abreast of changes in regulations that affect loan originating and reporting.
•Conducts oneself in accord with the Bank’s Core Values.
•Perform special projects as may be required and other duties and responsibilities as assigned.
How To Apply:
Or mail your resume to:
Fox Valley Savings Bank
Attn: Human Resources
51 E First Street
Fond du Lac, WI 54935
An Equal Opportunity Employer - Women, minorities, protected veterans and those with disabilities are strongly encouraged to apply.
This contractor shall abide by the requirements of 41 CFR §§ 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, national origin, protected veteran status or disability.