Commercial Loan Document Prep And Booking Specialist

First National Bank (Fnb Corp.) Hermitage , PA 16148

Posted 1 week ago

Primary Office Location:

4140 East State Street. Hermitage, Pennsylvania. 16148.

Join our team. Make a difference - for us and for your future.

Commercial Loan Document Prep and Booking Specialist

Responsibilities:

  • Provides team's Coordinator and Supervisor with feedback on process improvements, and efficiency gains.

  • Analyze commercial loan documents of various complexity levels to identify terms and requirements for the new loans, renewals, payments, and rate changes; credits and debits to GL accounts, fees, DDA transactions, and other miscellaneous transactions.

  • Independently analyze commercial loan transactions for proper system processing, completeness of information, and verify loans are booked based on defined procedures.

  • Set up commercial loan accounts while meeting production standards with a very high degree of accuracy.

  • Handle different loan types that requires utilizing multiple systems to view and research documents to maintain data integrity.

  • Working knowledge of Fiserv, and ICC preferred

Position Title: Commercial Loan Documentation Representative

Business Unit: Operations

Reports To: Supervisor of Loan Operations

Position Overview:

This position is primarily responsible for preparation of Closing and Modification Documents for Complex Commercial Transactions as well as the enforcement of Bank Commercial Lending Policy and Procedure. The incumbent consults with Relationship Managers and their Support staff regarding loan structure as well as policy and procedure.

Primary Responsibilities:

Prepares closing Documentation for Commercial Loan requests

Prepares modifications for all types of Loan Modifications including those loans that were initially documented by outside counsel.

Prepares closing documents for loan request that include non-standard covenants (language may or may not be provided) or alterations or omission of standard Bank Language. This may include preparation of Specialty Documents for Complex collateral such as intellectual property, liquor licenses, billboards etc.

Prepares Commitment Letters and Closing Documents for Tax Anticipation Loans, SWAPs, Letters of Credit and SBA Loans (both 7A and Express)

Consults with Relationship Managers and their support staff regarding loan structure and documentation requirements. Assists less experienced staff members with questions.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Education:

High School or GED

Minimum Years Experience:

5

Special Skills:

N/A

Special Licenses and Certificates:

N/A

Physical Requirements:

N/A


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Commercial Loan Document Prep And Booking Specialist

First National Bank (Fnb Corp.)