
Commercial Loan Documentation Specialist- Hybrid/Remote
- Elk Grove Village, IL
- Permanent
- Full-time
- Review loan write-ups and determine which legal documents are required to follow the requirements and conditions in the write-up.
- Prepare loan documents on the LaserPro and Microsoft Word systems.
- Assist loan associates with closings.
- Perform general administrative functions for department including filing, scanning, maintaining computer files and spreadsheets.
- Assist with audits and regulatory examinations.
- Review signed loan packages for completeness and advise Loan Operations on booking the signed loan.
- Order and review UCC/corporate, flood certificates, tract searches and title commitments as well as determine which title exceptions need to be resolved and supervise their removal.
- Assist with follow-up’s with other banks for their UCC/mortgage releases.
- Order and review lien searches and title commitments.
- Determine which title exceptions need to be resolved and supervise their removal.
- Prepare and file UCC financing statements, continuations and terminations.
- Manage and review Portfolio reports to determine which existing UCC’s need to be continued or allowed to lapse depending on the borrower’s loan status.
- Prepare UCC continuation statements monthly.
- Draft minutes for Executive and Senior Loan Committees and for dual approvals.
- Assist with departmental IT projects such as ordering proper e-mail searches and organizing the resulting data in an understandable form.
- Maintain legal documentation computer systems and department SharePoint library.
- Conduct and complete additional assignments/projects as designated by management.
- Associates Degree and/or Paralegal Certificate required. Bachelor's degree preferred.
- One year of general banking experience, legal experience, relatable coursework, or equivalent First American Bank work experience required.
- Must be professional, comfortable speaking with external and internal contacts with a demonstrated ability to tailor the message appropriately to the audience and situation effectively.
- Demonstrated ability to convey thoughts and ideas effectively and succinctly via written formats, including emails, letters, and electronic platforms. Maintain professional standards relating to spelling and grammar.
- Maintain credibility through professional demeanor, appearance, and presence by modeling standards appropriate to our environment and industry.
- Maintain good working relationships with internal partners by exhibiting exemplary interpersonal skills, adopting a constructive, solutions-focused approach.
- Use sound professional judgment to balance the interests of the organization and customer, understanding and using available resources to mitigate risks.
- Ability to work independently with minimal oversight, provide supervision to other employees and prioritize responsibilities.
- Must be a self starter with the ability to work well with others.
- Proficiency with Microsoft 365 products and applications, including the ability to effectively prepare or review documents, procedures, and reports.
- Demonstrated ability to learn new systems and applications, as well as the ability to understand, adapt and adjust responsibilities/workflows as a result of system upgrades.
- Proficiency in banking systems preferred.
- Occasional travel to other First American Bank locations, Bank functions, and training facilities may be required.
- Typical schedule is Monday through Friday 7:30 a.m to 4:30 p.m. Additional hours may be required depending upon business neeed.
- Work from home days possible.
- Punctuality is required to maintain First American Bank's customer service standards.