Loan Document Supervisor - Commercial

Job Description

SUMMARY

The Commercial Loan Document Supervisor is primarily responsible for overseeing the documentation of commercial loans and related daily functions and processes. Responsibilities for this role include providing timely and accurate due diligence and loan documentation, ensuring adherence to credit policy, laws and regulations, and lien perfection.

MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)

• Prepare commercial loan documents within the bank’s portfolio to ensure adherence to lending regulations, lending compliance, and the bank’s credit policy.
• Coaches and guides employees on best practices for documentation processing, regulatory compliance and efficient production of documents.
• Seeks to obtain immediate resolution and clarification on outstanding documentation issues with Sales, Credit and / or Legal.
• Solicits opinions and coordinates reviews with legal counsel. Implements disclosures and other regulatory requirements as instructed by legal and compliance.
• Works directly with Manager to establish streamlined processes and clear performance standards for the staff.
• Responsible for the measurement of team members and tracking of performance to determined standards.
• Cross-trains staff and continues to enhance internal processes in order to maximize productivity and quality standards.
• Process all commercial loan modification requests which includes checking file for check-in & prepare documentation; renewal, deferral, modification.
• Process and complete all commercial denial / fallout applications
• Provide support to Loan Officers / Lending Team to process the loan according to established policies, procedures and regulatory guidelines.
• Is responsible for understanding and ensuring compliance with regulatory issues including but not limited to RESPA, FDPA, HMDA, BSA, and Regulation B.
• Assist management in the preparation for and during audits and exams.

ADDITIONAL DUTIES AND RESPONSIBILITIES

EMPLOYEE SPECIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Work Experience

Technical / Functional Competencies

NOTE : This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned by supervisor to meet the ongoing needs of the organization.

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All Locations : Plano-Parkwood