Loan Origination Specialist III
:
:
As a Loan Origination Specialist III on the Document Preparation (Doc Prep) Team, you will be responsible for performing due diligence through organizational, collateral and lien search information as well as creating legal documentation for new, renewed and modified bilateral commercial loan products for Middle Market. The team partners with internal legal on document customization as required. Key systems used within Doc Prep are Aurora, HotDocs and related third party sites.
Job Responsibilities:
- Interpret, understand, review, and prepare commercial loan documents, process transactions as approved, and ensure adherence to the Service Level Agreements (SLAs)
- Process with high levels of accuracy and urgency to ensure transactions do not lead to financial losses or risk events
- Ensure all Service Levels for quantity and quality are met and any exceptions are immediately escalated for resolution
- Perform entity, collateral due diligence to comply with regulatory requirements
- Comply with audit and compliance regulations for internal and external audits
- Analyze the process flow and suggest improvements to eliminate redundant steps through effective value stream mapping
- Be an effective team player, leading and participating in various engagement activities not just limited to the process
- Ensure all controls and JP Morgan requirements are adhered to at all times, and any risk items are escalated immediately
- Maintain high levels of engagement with the Lenders, Credit Executives/Underwriters, Client Service Executives and Bankers
- Be a Subject Matter Expert (SME) in the process and understand the upstream and downstream process
Required Qualifications, Capabilities, and Skills:
- 1+ year of commercial loan documentation, collateral perfection, Loan Operations, or banking/lending experience
- Strong verbal & written communication to effectively communicate with various stakeholders across the firm
- Manage complex requests with minimum supervision and independently make the decisions related to the process
- Ability to manage concurrent assignments and multi-task in an effective, efficient, and organized manner
- Ability to consistently maintain high performance levels in stressful situations and high-volume peaks
- Attention to detail and problem solving skills
- Strong problem solving skills to undertake analysis, resolve issues/problems related to the process
- Excellent interpersonal skills to work effectively in a team environment
Preferred Qualifications, Capabilities, and Skills:
- Bachelor's Degree in Accounting/Finance preferred
- Knowledge of Entity Organizational Documentation
- Proficient in Microsoft Office applications
Recommended Jobs
Maintenance Manager
The Opportunity The Maintenance Manager is responsible for leading all maintenance operations across multi-shift powdered food production lines for the GPN Aurora Campus and facilities maintenan…
Construction Project Manager (Chicago)
Take charge of transformative projects in Chicago where your expertise will shape the city’s future. This Jobot Job is hosted by: Don Seawall Are you a fit? Easy Apply now by clicking the Apply…
Account Manager - Workers' Compensation (Work Comp Acct. Mgr.)
Job Description Job Description About Us At Powers & Moon, LLC, we are dedicated to providing high-quality services to our health care provider clients to resolve medical claims relating to wo…
Practicante del Área de Recursos Hídricos
Job Description Actualmente se ha generado una oportunidad de integrarse a AtkinsRéalis como Practicante del Área de Recursos Hídricos en la División de Mineria y Metalurgia. Worker Type Emp…
Customer Care Manager
M/I Homes has been building new homes of outstanding quality and superior design for 50 years. Founded in 1976 by Irving and Melvin Schottenstein and guided by Irving’s drive to always “treat the cus…
Rheumatologist
A thriving, nonprofit healthcare system is seeking a BC/BE Rheumatologist physician to work in Indianapolis, IN! Less than 3 hours from downtown Chicago! [email protected] 843 494 1253 Abou…
Holidays
~Holidays: we recognize the following holidays as paid benefit: ~Your Birthday! (see below) ~New Year, Good Friday, Memorial, Juneteenth, July 4th ~Labor Day, Thanksgiving, Christmas To show our…
Nurse - RN/LPN Triage/Crisis Residential
Job Description Job Description Become a champion of hope. At Rosecrance , we’ve been leading the way in behavioral health services for over a century. Our team empowers individuals and fami…