Chicago, IL, 60684, USA
9 days ago
Sr. Commercial Loan Doc Specialist (Remote)
The Sr. Commercial Loan Documentation Specialist is responsible for preparing Commercial loan documentation for new loans, renewals, and modifications for Commercial Real Estate, Lines of Credit, C&I, Term Loans, Construction Loans, SBA Loans, and Letters of Credit, and ensuring that all commercial loan documents are accurate and in accordance with the loan approval guidelines and federal regulations. **Duties and Responsibilities** **:** + Prepares and reviews commercial loan documentation for new loans, renewals, and modifications for various loan types, including Commercial Real Estate, Line of Credits, C&I, Term Loans, Construction Loans, SBA Loans, and Letters Credit. + Ensures all commercial loan documents are accurate and in accordance with the loan approval and federal regulations. + Reviews all due diligence loan documents, establishes that all compliance requirements are met prior to releasing final loan documents. + Partners and communicates with lenders, admins, attorneys, title company personnel, and various other vendors to close every commercial loan type in a timely manner. + Reviews document checklist and waivers; work with Lenders and Admins to ensure that appropriate approvals are received prior to disbursing the loan. + According to Bank policies, conveys to Lenders and Admins the need for key documents to fund/book transactions accurately, timely, and consistently. + Assesses all pertinent borrower, property/collateral, and documentation information and verifications related to documenting complex commercial loan transactions. + Analyzes entity documentation such as Articles of Incorporation, Operating Agreements, or By Laws to determine or validate the transaction's identified signers. + Possesses the ability to interpret and understand Credit Approvals, due diligence, title commitments, formation documents, etc. + Consults management to resolve issues or to seek approval for exceptions or waivers + Provides problem resolution and service to internal customers. + Ensures document requests have proper approval authority. + All other duties as assigned. _Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time._ **Qualifications:** + Associate degree, or equivalent preferred. + 4+ years of banking experience, primarily commercial loan preparation experience or equivalent. + 3+ years of Commercial related LaserPro experience and proficient producer of quality business purpose documents in the LaserPro system. + Strong knowledge of commercial loan documentation and letters of credit, including knowledge of the UCC and UCP related to letters of credit. + Ability to identify, understand and define problems, evaluate alternatives, set priorities, manage projects and implement high quality solutions. + Ability to work both independently and as a team member. + Proactively collaborates with relationship officers and their Loan Administrators to identify requirements related to the documentation requests, including anything that may preclude or complicate loan closing, funding, or recording, and agree on appropriate resolution to ensure quick response for the bank customer. + Strong knowledge of bank policy and Federal and State compliance regulations, including Article 9 of the Uniform Commercial Code, Flood Regulation, CRA/HMDA, and UCP. + Possess strong communication skills both verbally and in writing. + Solid problem-solving/decision-making skills + Self-starter with the ability to manage production, multiple tasks/projects. + Proficiency in Microsoft Office Suite and experience with FIS, LaserPro, and nCino. **PHYSICAL DEMANDS/WORK ENVIRONMENT** : Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices. The hourly rate for this position is $33.65 to $43.26. We want to emphasize that the salary range is flexible and there is an opportunity to review the salary expectations based on a candidate's background, skills and experience. The ultimate salary offered will be based specifically on our assessment of our candidate's overall qualifications. We encourage you to apply even if your salary expectations are above or below the posted range, as we are committed to offering competitive compensation packages to attract top talent. In addition to your salary, Byline Bank offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with Byline Bank, you’ll find a far-reaching choice of benefits and incentives. Byline Bank is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. If you require a reasonable accommodation, during any part of the application process, please contact the human resources department to let us know the nature of your request by contacting 773.475.2900. Byline Bank is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.
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