Sr. Commerical and Industrial Loan Processor
Requisition # 10035018-WD
Job Type Day
Location Charlotte, NORTH CAROLINA
Date Posted 04/28/2020
Your potential. Your opportunity.
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) the world's 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group.
Provide loan administration services for complex permanent commercial real estate loans, construction loans, and/or commercial business loans depending on department. With emphasis on Commercial and Industrial lending documentation (UCC secured collateral, aircraft, fleet, agriculture, Standby Letters of Credit, ACH facilities).
Management or Supervision:
Obtains and reviews entity documentation to determine authorized signers for legal documentation.
Reviews third party property reports for accuracy and relevant data.
Prepare loan documentation to reflect approved loan terms and consistency with Bank Policy and Procedures for new loans and modifications as well as compliance with governing regulatory authorities.
Ensure loan documentation complies with Banks operational requirements and can be serviced on Banks system of record.
Coordinate document negotiations between borrower, attorney and account officers as appropriate and obtain approvals as required.
Responsible for interfacing with escrow, Title Company, loan officer, mortgage broker, and/or customer to relay loan approval and facilitate the loan closing.
Review executed loan documents to ensure integrity of documents and proper execution.
Responsible for ensuring that the Bank's lien is properly secured and acceptable title and hazard insurance is obtained, all conditions have been satisfied and signed off by appropriate authorized levels, and coordinate closing and funding of the loan.
Preparation of funding documentation including but not limited to boarding data for data processing system, reconciliation of fees and deposits, and satisfaction of loan compliance issues.
Miscellaneous Duties: Ad hoc projects as requested
Thorough understanding of commercial real estate and/or business loans, all applicable Federal regulations and requirements and commercial lending guidelines.
Ability to work in a fast-paced, high-volume environment.
Ability to work independently and to make informed decisions.
Strong reasoning and analytical skills.
Ability to follow instructions with attention to detail.
Exceptional verbal, written and interpersonal communication skills.
Computer literate, with proficiency in MS Office/Word/Excel in the Windows environment.
Education, Licensure, Experience:
Minimum 5+ years of direct and in-depth work experience in commercial loan processing, documenting and funding loans with general knowledge in all areas of Loan Processing and/or Funding.
In-depth knowledge of commercial real estate and/or commercial documentation.
Previous experience with preparing loan documents through the use of an automated documentation system.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Primary Location Charlotte, North Carolina
Schedule Full Time