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Commercial Loan Document Specialist

Company: Hoosier Hills Credit Union
Location: Bedford
Posted on: August 5, 2022

Job Description:

Job Type: Full-time
Salary Range: $14.99-$22.48

Summary/Objective
Prepare commercial loan closing document packages for all commercial lending staff. Be knowledgeable of required documentation for all types of commercial loans. Provide back up to the Credit Analyst as needed.

Responsibilities
Mission and Service - Is an integral part of the Hoosier Hills Credit Union and Compliance team in living out our corporate mission; "To be better for our members by making a positive difference in their lives and the communities we serve."


  • Consistently delivers outstanding service to both internal and external members that is in alignment with the Credit Union's service promises.

  • Maintains the highest level of professionalism when interacting with team members and business partners through friendly, informative, and helpful communications, which are key to understanding and identifying needs, solving problems, and in representing the Credit Union.

  • Takes ownership of each request and is highly responsive in finding solutions that meet or exceed expectations.




    Member and Business Focus - Helps create alignment of risk management with revenue generation by ensuring compliance with commercial lending regulations maintaining a keen focus on efficiency and quality control as a way of streamlining the overall compliance check function and accompanying processes.


    • Coordinates with business units to obtain data and provide support to ensure compliance with the commercial lending regulations. Provides results of testing, assists with developing controls to address inconsistencies or issues identified, and reviews procedures to ensure business units are accurately collecting and reporting loan data.

    • Serves as a trusted resource to fellow team members by possessing strong knowledge of HHCU products, services, and member experience standards, and always acts in the best interest of the member and Credit Union.

    • Develops and maintains successful working relationships with internal and external members to influence and provide effective Credit Administration/Compliance processes, advice, clarification on policies, and support.

    • Engages in problem resolution from start to finish by clarifying the issue, determining the cause, and following up to ensure there is a resolution.




      Acumen and Technical Savvy - Possesses proficiency in Credit Administration systems and processes to ensure compliance with regulations and serves as an independent quality control.


      • Utilize Harland LaserPro commercial lending software to prepare commercial loan closing packages for the Commercial Lenders in an accurate and timely manner.

      • Utilize the XP2 core processing system to fund new loans and update existing loans and insure each transaction balances.

      • Set up and track ticklers and image documentation using the Suntell lending software.

      • Process vehicle titles, ensuring completeness and accuracy.

      • Prepare correspondence to members on loan maturity, document corrections, etc.

      • Use Microsoft Excel and Word to prepare reports, create documents, letters, envelopes, and other documentation.

      • Assist Commercial Lenders with their loan portfolio, maturing loan report, hazard insurance, etc.

      • Transmit collateral insurance information to Allied Solutions, and follow-up on tracking issues.

      • Assist with the gathering of files and required information for regulators, auditors, and examiners.

      • Request and monitor mandatory loan documentation with Vendors, flood determination, environmental checks, UCC searches and filings, etc.

      • Perform reviews on funded loans to ensure all the data in the core system mirrors data in the loan documentation.

      • Completes annual Bank Secrecy/OFAC and any related training annually as assigned by Training or Compliance Staff. Complies with all applicable BSA/AML laws, rules, regulations, policies and business practices established by Credit Union management.




        Teamwork and Collaboration - The consistent focus on team involvement and in personal growth through sharing and implementation of creative ideas that provide membership business value and enhance a positive work environment.


        • Maintains supportive communication with supervisor and team members, reports problems, developments, changes, and other important information regarding responsibilities.

        • Makes plans happen through awareness, involvement, constant communication, and continual learning.

        • Shares opportunities for process improvement and efficiency gains with appropriate managers. Performs on-going self-evaluation and exhibits a can-do attitude.

        • Strives to improve self and team to create strategies for future focused positive results that are rooted in increased productivity and efficiency and risk management best practices.


          PM19Knowledge Requirements

          • Professional, well-developed interpersonal skills necessary for projecting a positive image as representative for the Credit Union to members, potential members, and Credit Union staff.
          • Work requires knowledge of financial reports and tax returns.
          • Requires judgment to solve day-to-day problems, but usually within established guidelines.
          • Requires equivalent to high school degree plus some post-secondary technical course work.
          • A minimum of six months in a credit position or equivalent required.
          • Knowledge of word processing, Adobe and spreadsheet software and the use of the Internet.




            Work Environment/Physical Demands


            • Normal accessibility of HHCU branch and corporate work sites required for the position with occasional overnight travel for training, conference, or industry events
            • Normal physical mobility and agility, which includes movement from place to place on the job, and the ability to maneuver body while in place
            • Normal dexterity of hands and fingers
            • Normal coordination, including eye-hand, hand-foot
            • Works in typical administrative setting with climate control and appropriate lighting
            • Work requires occasionally lifting and carrying up to 10 pounds, taking frequency into consideration




              Other Duties

              Perform other duties as assigned. Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time or without notice.PI187099929

Keywords: Hoosier Hills Credit Union, Bloomington , Commercial Loan Document Specialist, Other , Bedford, Indiana

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