Telecommut
At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.
The Post-Closing Specialist is responsible for performing a post-closing review of commercial lending and commercial real estate loan documents to ensure that they are compatible with bank policy, regulatory requirements and loan approvals; safeguarding collateral; ordering and reviewing reports; maintaining tickler and timely follow-up of missing documents.
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Responsibilities Include But Are Not Limited To
- Perform post-closing review of required loan closing documents for accuracy and completeness; review loan approval; read and review commitment letters if applicable.
- Ensure all closing documents and regulatory documents are provided to properly evidence the loan and perfect the bank's security interest.
- Perform post-closing follow up with lenders and legal counsel for missing or corrected documents, and obtain proper approvals to waive required items if necessary.
- Respond to questions concerning loan documentation from lenders, legal counsel or other bank colleagues.
- Follow up to ensure all loan closing packages are received timely from various lending teams and provide direct communication and timely reporting to all business lines -- escalate items to Management when needed.
- Collaborate with internal departments (closing, funding, booking, and quality control) to resolve discrepancies or missing documentation.
- Ensure adherence to established service standards, including maintaining confidentiality of work-related information and materials.
- Effectively use interpersonal and communications skills, including tact and diplomacy, and maintain a cooperative and professional manner with internal and external customers.
- Support audit and internal review requests.
- Accurately complete the post-closing information on the Enterprise Loan Servicing Log.
Required Skills
- Strong knowledge of commercial lending and commercial real estate documentation.
- Ability to review loan documentation for completeness and accuracy
- Knowledge of FCM/ImageCentre loan imaging system.
- Knowledge of IBS core system.
- Strong oral and written communication skills.
- Proficient computer skills including general understanding of databases and Microsoft Word/Excel.
- Strong attention to detail, accuracy and follow through.
- Ability to handle multiple tasks simultaneously.
- High School Diploma or GED equivalent and a minimum of 3 years of experience with commercial documentation and commercial banking/lending experience. Basic proficiency in Adobe Acrobat and intermediate proficiency in Microsoft Office including Outlook, Excel and Word.
- Familiarity with loan documents and prior experience in IBS core system, loan operations or FCM/ImageCentre.
