Job Description
Position:
Commercial Loan Closer
Location:
Columbus, OH
Job Id:
637
# of Openings:
2
Formed in 1934, Telhio Credit Union began as a credit union for Columbus Telephone Company (now AT&T) employees. 90 years later, Telhio now serves over 70,000 member-owners throughout central and southwest Ohio though our 13 full-service branch offices, online and with our mobile app. As the 6th largest credit union in Ohio, and the #1 ranked SBA Lender among Ohio credit unions, Telhio is a strong financial institution that continues to serve its members and community through extraordinary service and innovative financial solutions. After generations of service and growth, we never lose focus of our original three core values - Caring, Commitment, and Integrity.
The Commercial Loan Closer, coordinates the daily administrative function of the Business Services department. In this role, the processor is responsible for loan documentation, loan booking, filing and recording liens, maintenance of collateral perfection, administration of loan files and tracking of post-closing loan requirements. The Commercial Loan Processor shall also be responsible for business member services, escalated issues and correspondence. Additional responsibilities may include attending community events as a representative of the business service team supporting the departments lending officer and department head.
What you will do:
Work Flow Management (Oversees the work flow of business loan processing to ensure compliance requirements are being met)
Performs loan document review and due diligence with all third party professionals
Review of loan documentation for accuracy and completeness prior to closing
Assist in the preparation and distribution of approved loan packages to the appropriate approval authority, i.e. Chief Sales Officer; Chief Lending Officer; / Asset Protection, Business Loan committee
Fund loans in compliance with credit approval, loan settlement statement, and audit procedures
Order Vendor Work
Document Loans in Laserpro
Loan maintenance
Lean Perfection, exception and documentation
Booking the loan
Assist in assuring that overall system integrity related to commercial loan system/ software
Assist with loan monitoring, mortgage recordings, title liens, possessory collateral, and financial information for each loanPre/Post Close QC
What you will need:
Must have a minimum of 1 year of commercial loan processing experience
Must have a minimum 2 years experience in the commercial lending space
Preferably Highly proficient in Laser Pro
Knowledge of SBA Standard Operations Procedures ideally
Knowledge SBA Loan Policy and Products preferably
Attention to detail
Good decision making skills
Ability to read and understand bank, financial statement and tax return documents
Ability to work in a fast-paced environment
Effective communication skills (oral and written)
Ideally Experience with Sageworks / Abrigo Commercial Loan System
Bachelor's degree (in Finance or Accounting a plus but not required)
Telhio applicants must be able to pass a background check including: Credit, Drug Screen, Bondability, & Criminal Background
What you will earn:
Competitive salary
Benefits: several medical plan options, dental, free vision, free life and free disability insurance
Additional financial incentive programs for employees enrolled in our insurance
6% matching and immediately vested 401(k) plan
Generous schedule for 14 paid holidays, vacation and personal time for a healthy work-life balance
Opportunity for personal career growth, continued education and mentorship programs
Volunteer opportunities impacting the local community
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, you will need to have good manual dexterity as well as speaking and hearing ability. This position requires sitting; some reaching; standing; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds. It is expected that the employee will read, compile, compute and record numerical and statistical data. Must drive occasionally.
This is a Non-Collective Bargaining Unit
Apply for this Position
Telhio is an Equal Opportunity Employer
