Cml Loan Post Closing Specialist II.

Fifth Third Bank Cincinnati , OH 45201

Posted 1 week ago

GENERAL FUNCTION: Under minimal supervision, perform duties that are highly complex and require specialized knowledge of loan and line products as well as collateral documentation. Specialists II are responsible for loan documentation review frominternaland external counsel, and processing within stringent timeframes in order to reduce risk of financial loss and reputational risk for the Bancorp. The Specialist II is also responsible to insure all document and collateral perfection requirementshave beenmet in order to satisfy the Bancorp's position and security interest.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank#s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Performs in-depth review of loan packages valued between $50k and $600mm, insuring that all required loan documents are received from the loan closing and properly executed per required credit approval. These documents will vary greatly from loantoloan, due to preparation by various external legal firms. This process review will include loan life-cycle reconstruction, perfection of all new collateral (e.g. file UCC, mortgage recordings, insurance assignments, etc) and the creation/updateofcollateral records.

  • Identifies any missing required documents and inputs, updates and deletes exceptions on the banks exception system.

  • Proactively communicates issues with RMs, PMs, U/W, BBOs, Branch Managers and Middle Office, External Council, Courthouses, and Federal and State Agencies.

  • Partners with key line-of-business stakeholders to minimize risks in the end-to-end Commercial loan process.

  • Proactive in identifying potential risks and concerns while consulting with management to resolve issues within the guidelines established.

  • Initiates the collateral and guarantor release process in conjunction with appropriate credit

approval

  • Works with internal departments during Credit Risk Reviews and Internal Audits regarding loan

document questions, tickler monitoring and exceptions.

  • Assists Banking Center and Relationship Manager personnel with questions and information

  • Utilizes complete understanding of state laws related to commercial notes and perfection and full understanding of executed new and renewal loan packages.

  • Conveys ability to negotiate and collaborate with others, initiate action, adapt to change, make difficult decision while considering the risk and accepting challenging assignments.

  • Initiates holds on various Retail and/or Brokerage accounts from intensive review of required legal language contained within loan documentation.

SUPERVISORY RESPONSIBILITIES: None.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Associates degree or 2+ years experience of review and/or processing of legal documents.

  • 3 years experience with a focus on internally and externally prepared loan documentation, collateral perfection, or related work experience.

  • Knowledge of Pre and Post Article 9 rules governing the perfection of UCC related collateral.

  • Knowledge of filing requirements for unique collateral such as equine, airplane engines,

assignment of contracts and assignment of membership interests.

  • Knowledge of federally regulated programs such as Reg H, Flood, CIP

  • Strong time management and organizational skills evidenced in previous assignments.

  • Demonstrates an understanding of applicable bank policies and procedures.

  • Strong knowledge of loan documents and requirements.

  • Strong knowledge of commercial lending and loans.

  • Thorough understanding of all Business Banking and Commercial loan products.

  • Thorough knowledge of Business Banking and Commercial Lending Credit Policy/Guidelines.

  • Thorough knowledge of loan documentation, collateral evaluation, lien perfection, local, state

and federal regulatory requirements.

  • Strong knowledge of states laws related to commercial notes and collateral perfection.

  • Strong knowledge of B2B, CCAS, AFS, ACBS, Loan Doc Prep System, and other banking systems

preferred.

  • Strong personal computer skills with demonstrated knowledge of Microsoft Excel, Word, and

Outlook.

  • Self-starter and works with minimal direction.

  • Strong analytical, verbal and written communication skills.

  • Strong negotiation skills.

  • Strong interpersonal skills and team orientation.

  • Ability to meet deadlines under pressure.

  • Ability to appropriately escalate issues requiring problem solving and decision making.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Global Payments Support Specialist II

Fifth Third Bank

Posted 5 days ago

VIEW JOBS 4/17/2019 12:00:00 AM 2019-07-16T00:00 GENERAL FUNCTION: Under general supervision, performs critical monitoring, processing and support functions for high risk payment applications with essential duties and responsibilities including processing of incoming and outgoing highdollar,timesensitive, funds transfer activity via the SWIFT networks. This position may be responsible for all or any combination of these defined duties and responsibilities encompassed within Global Payments Operations and the administration ofDepositAccountControl Agreements. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures thatactions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. ESSENTIAL DUTIES & RESPONSIBILITIES: . Processes international and domestic inbound/outbound payments via internal payment origination networks. . Monitors inbound/outbound fraud related/anti-money laundering payment activity according to federal regulations and associated procedures accurately and in a timely manner; escalating to Bank Compliance/management as needed. . Effectively route international USD payments as instructed by client to third party international clearing banks. . Proper execution of foreign currency exchange transactions including foreign denominated checks and wires. . Perform general analytics and execution of defined payment related credit risk exceptions by referencing multiple internal applications to assess associated bank driven risk tolerances (i.e. acct balance, established credit limits,bankexposureamount, past historical activity). . Execute on governmental mandated payment remittances in accordance with specific federal regulations . Responsible for all facets of line of business compliance program to ensure full compliance with state and federal laws, rules and regulations (i.e. E, NACHA, FFIEC). . Develop and maintain strong partnerships with internal sales and support teams and other internal and external customers . Initiates payment related research requests via centralized problem resolution tracking system. . Handles any routine inquires and confirmations for internal sales support and/or external direct support. . Utilizes multiple servicing systems for research and processing (i.e. Mobius, PEP+, MTS, CRM, SPOT, ACE, SWIFT, EDI, FTD). . Performs outbound funds transfer verification for fraud risk and/or customer special instructions. . Assists with the planning, testing and implementation of new applications, enhancements, conversions and/or acquisitions. . Processes all daily work according to department procedures and bank policies. . Review operational procedures/methods, recommending changes for improvements with an emphasis on automation and efficiency. . Escalates large dollar/high value customer specific system and servicing issues as appropriate. . Demonstrate the ability to work efficiently with a low margin of error. . Collaborates proactively/effectively with team to achieve shared goals. . Other duties as assigned. SUPERVISORY RESPONSIBILITIES: None MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: . HIGH RISK AREA requires annual background and credit check . High School diploma or its equivalent. * two (2) to three (3) years prior banking experience, preferably in Global Payments . PC skills including familiarity with Windows, Microsoft Word, and Excel. . Excellent organizational skills. . Ability to function in a fast paced environment. . Must have very good mathematical skills. . Ability to handle highly sensitive customer issues . Multi-task oriented. . Commitment to teamwork. . Proficiency with 10-key required. . Ability to research, recognize and solve problems. . Ability to handle fluctuating volumes. . Strong written and verbal communication skills. . Exceptional written and oral communication skills. . Exceptional analytical skills. . Basic to intermediate level knowledge of Microsoft suite of products: Word, Excel, Access. Fifth Third Bank Cincinnati OH

Cml Loan Post Closing Specialist II.

Fifth Third Bank