Commercial Lending Assistant
: Job Details :


Commercial Lending Assistant

TBK Bank, SSB

Location: Carol Stream,IL, USA

Date: 2024-11-01T05:36:32Z

Job Description:
Join TBK Bank! At TBK Bank, a member of the Triumph Financial portfolio of brands, we're a team of passionate, driven, collaborative, solutions-minded people who want to make a difference in the lives of our customers and communities. Our mission is to do well and to do good at the same time. We accomplish this by working together, because at the end of the day, TBK stands for helping the people and business in our communities succeed. We thrive on providing exceptional customer service, and we look for friendly professionals dedicated to helping customers achieve their financial goals. Job Summary The Commercial Lending Assistant is a partner with in market lending teams, working with customers on the successful origination of loans and ongoing customer support. In this position, the Commercial Lending Assistant will support a multitude of different lending types, with specific focuses on commercial real estate and supporting small local businesses. This position requires a highly motivated individual, interested in becoming a subject matter expert and supporting Bank policies, procedures and regulatory requirements while working for the success of their lenders and customers. Essential Duties and Responsibilities
  • Coordinate loan closings with Lender, attorneys and borrowers as needed.
  • Create loans files and request/review due diligence and other documentation related closing and funding loans (appraisals, environmental reports, preliminary title reports, customer identification, UCC Searches, insurance, flood certificates and other items).
  • Validate loan files comply with SBA SOP.
  • Prepare closing documents in compliance with SBA SOP.
  • Obtain and review all requirement for compliance with SBA SOP.
  • Advance draw loans and lines of credit in compliance with SBA SOP.
  • Provide applicable disclosures and/or prepare denial letters in accordance with regulatory requirements.
  • Validate loan documentation complies with loan approval, banking regulations and Bank policies and procedures.
  • Review loan documentation for accuracy and completeness, and ensure all documents are properly executed by Lender and borrower.
  • Disburse funds for loan closing in accordance with Bank policy.
  • Ensure transactions are cleared from the disbursement and general ledger accounts in a timely manner.
  • Ensure all loan related documentation is scanned and indexed properly.
  • Set-up ticklers to track and monitor collateral and covenants.
  • Perfect lien(s) per approval for all recordable documents (UCCs, mortgages, deeds, etc.)
  • Submit commercial loan booking package to Loan Operations.
  • Monitor loan pipeline and New and Renewed Report to ensure loans are closed, funded and booked in a timely manner.
  • Review Tickler, Past Due, and other reports to track and monitor loan and collateral.
  • Work with Lender clearing outstanding items and to resolve issues.
  • Work with Loan Operations Department to reconcile payment and billing issues.
  • Process and monitor advances and pay downs as requested by customers.
  • Provide customer service including: processing payments, change of addresses, research, and routine inquiries.
  • Promote and implement the Bank's service philosophies.
  • Each team member is expected to be aware of risk within their functional area.
  • Understand all relevant Bank lending policies, procedures, regulations, risk limits specific to their role and perform duties in such a way as to maintain compliance with stated standards.
  • Complete other duties as assigned.
EXPERIENCE
  • College degree preferred.
  • Motivated individual.
  • Willing to learn and grow with an innovative organization.
SKILLS AND ABILITIES REQUIRED To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.
  • Ability to provide courteous, knowledgeable and professional customer service both in person and on the telephone.
  • Ability to assume responsibility, display initiative, exercise good judgement, and work independently.
  • Ability to perform a wide range of duties.
  • Strong skills operating a personal computer using Microsoft Word, Microsoft Excel, Microsoft Outlook, Loan Core System and navigating the internet.
  • Excellent written and verbal communication skills required.
  • Evidence of a strong work ethic, detail orientation, and organizational skills.
  • Ability to read, write and speak English.
  • Occasional travel may be required.
We offer Medical, Dental, Vision, Paid Time Off, 401k and much more. Go on. Do it. Apply Today!
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