Business Loan Origination Specialist

Member Business Financial Services, L.L.P. (MBFS), a credit union-owned company, is looking for a Business Loan Origination Specialist (Remote) .

This position is responsible for supporting the Credit Union Service Organization (CUSO) in loan processing, and booking / boarding closed loans. Additional responsibilities include loan file maintenance and ad hoc project assistance.

Responsibilities Include :

• Provide administrative support to the AVP of Originations as needed.
• Organize, assemble and verify accuracy of commercial loan documents and ensure files are up to date with all necessary documentation, proper signatures, dates and other relevant data.
• Request and obtain, flood certifications, property reports, business entity search, UCC filing search and appraisals unless otherwise provided by the particular credit union.
• Prepare loan documents with the assistance of senior staff according to the executed loan approval through the Laser Pro documentation system with minimal errors after a two year period.
• Check documents for proper vesting, legal description, closing dates, signatures and collateral lien recordation. Track and obtain as needed.
• Coordinate attorney review of loan documentation and settlement, if applicable
• Book / board all new loans along with any changes, adjustments and amendments to existing notes, and disburse on each loan / line / lease as outlined by disbursement instructions on the PCFS 2000 Loan Manager system with minimal errors
• Track and resolve document exceptions on closed loans booked on the PCFS 2000 loan system.
• Maintain the tickler maintenance (financial statement updates, insurance certificates, UCC re-filing etc) on each loan booked / boarded on the appropriate systems.
• Prepare annual letters requesting updated financial and insurance information for each member business loan.
• Perform a variety of clerical duties requiring knowledge of department procedures.

Requirements :

Our commitment to your success is enhanced by our competitive salary commensurate with experience and an extensive benefits package including paid time off, health benefits, 401(k) with a generous company match, and future growth opportunities within the company. We work to maintain the best possible professional and environmentally friendly atmosphere for our employees.