CLN Network News
CLN Job Bulletin: Commercial Loan Fulfillment Specialist
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Lead communication with the commercial lending group, which includes, but is not limited to: Commercial Loan Officers, Loan Operation, Credit Analyst and Chief Lending Officer, to ensure consistent application of the Bank’s procedures and processes. Responsible for efficient delivery of services to internal and external clients for all related activities including, but not limited to, loan set-up, processing, closing, funding and post closing functions.
Support the commercial lending process by producing legal and supporting documentation required for closing, modification or renewal through timely and accurate input to loan documentation software (LaserPro). Manage documentation risk by ensuring documentation is in compliance with credit approval, secure a valid lien, and confirm that all pre-closing requirements are satisfied.
Manage documentation quality to ensure it meets or exceeds Bank’s exception rate goal by identifying required loan documentation for various loan types and pledged collateral, consistently monitor exception activity and provide timely follow-up and clearing of exceptions.
Provide clear verbal and written communication to third-parties (e.g. attorneys, insurance agents, appraisers, environmental consultants), as needed.
Facilitate external loan closings (e.g. attorney closing), process executed loan documentation for booking, accurately disburse loan proceeds, and submit completed loan packages to Loan Operations in a timely manner.
Provide superior service to internal clients by taking ownership of client needs and requests and following through to ensure timely and accurate resolution.
Keep abreast of the financial services industry knowledge, standards and practices.
Sean Connor, Vice President
Assistant Finance Officer
MLO #1694464 NMLS # 440295
Cattaraugus County Bank
120 Main Street
Little Valley, NY 14755
Office: 716-938-9128 ext 1030