Commercial Loan Specialist III in Falmouth, Maine | DiversityInc Careers
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Commercial Loan Specialist III

Job Description
•Manages a loan pipeline from origination through to settlement and funding in accordance with Bank policies and procedures.
•Provides documentation and Bank policy and procedure guidance to all lending areas.
•Resolves more complex issues relating to closings.
•Serves as a resource for Loan Specialist I & II.
•Works independently and handles loans of a more complex nature along with heavily negotiated loan transactions ensuring all documentation are in compliance.
•Verifies all quality control procedures are maintained and monitored.
•Ensures all loans are closed without material, administrative or compliance exceptions.
•Ensures that all required loan conditions (insurance, collateral, etc.) are sufficient and properly documented and in compliance with bank policy.
•Manages/confirms TD changes are consistent with system requirements.
•Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors.
•Manages/takes appropriate actions to ensure loans are booked and properly set-up if necessary.
•Orders and maintains loan documentation from beginning to finish ensuring adherence with compliance with bank policy procedures regulatory requirements and lending conditions.
•Establishes and manages relationships with commercial operations, relationship management team, credit offers and others as needed.
•Acts as liaison with bank counsel, compliance, asset based lending, leasing, government banking, derivatives, construction loan administration, brokers, international department, and various other parties to the loan as needed.
Job Requirements
•4 year degree or equivalent experience
•5+ years related experience required
•Knowledge of specialized lending areas such as Small Business Administration lending, construction or syndicated loans.
•Proven ability to provide excellent Customer service to internal and external Customers.
•Excellent interpersonal, oral and written communication skills.
•Excellent PC skills with familiarity with standard office equipment.
•Ability to work in a fast-paced dynamic environment.
•Detail oriented, self-motivated and able to work independently in handling a heavy workload.
•Possesses strong organizational, analytical and decision-making skills.
•Demonstrated knowledge of commercial loan documentation, title policies, appraisals, environmental assessments, entity formation documents and bank policies and procedures.
•Paralegal experience/knowledge needed. Paralegal certificate preferred.