Commercial Loan Documentation Specialist

Russell Tobin & Associates
Minneapolis, MN Full Time
POSTED ON 5/17/2024 CLOSED ON 6/4/2024

What are the responsibilities and job description for the Commercial Loan Documentation Specialist position at Russell Tobin & Associates?

Job Title: Commercial Loan Documentation Specialist

Pay: $23.00/hr. to $24.71/hr. DOE

Schedule: Monday-Friday, 8am to 5pm- Hybrid ( Tuesday, Wednesday and Thursday in office. Monday and Friday will be work from home days)

Location: Open to candidates ONSITE in the following locations:

Minneapolis, MN

Gresham, OR

San Diego, CA

Torrance, CA

Contract Duration:

June 2024 to September 2024 with possible extension or hire

Company Overview:

Our client is a global banking leader offering a variety of financial products and services.

Responsibilities:

· Deliver high-value, quality operational and relationship support to Corporate / Commercial Banking relationship managers (RMs), portfolio managers (PMs) and external customers.

· Support revenue-generating activities in addition to driving operational and compliance support.

· Ensure there is a consistent level of data integrity for all systems utilized and identify and resolve exceptions quickly to minimize financial impacts.

· Credit Hard and Soft Exposure Approvals and loan onboarding and administration for agented and non-agented deals, bilateral loans, Letters of Credit, Soft $ Limits

· Monitoring activities and performing research to determine cause of overdrafts, daylight overdrafts and ACH file suspensions to ensure timely approval

· Covenant and financial credit monitoring; Marketing and presentation support with content, organization, and preparation of final deck; Proposal preparation to gather customer data and research

· Prospecting projects to identify new leads by specific industries and geographic regions

· Certificate of Good Standing requests

· Order Flood Determinations

Minimum Qualifications:

· 1-2 years experience working with legal documentation used to support commercial loan processing

· Ability to work with legal to solve complex documentation needs

· Ability to apply critical thinking to underwriting approvals, loan documentation and processes

· Ability to work effectively and accurately in a fast paced, high production professional environment

· Strong organization, prioritization, and communication skills.

Russell Tobin is a leading minority-owned professional and technical recruitment and staffing advisory organization.

We are comprised of specialized practices focusing on a variety of skill sets and industries. Having a depth and breadth of industry expertise, our subject matter experts are able to provide tailored and swift sourcing solutions to fulfill client hiring needs. In other words, we connect top talent with companies.

As a certified minority-owned business, Pride Global and its affiliates - including Russell Tobin, Pride Health, and Pride Now - are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics.

Russell Tobin offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.

#E2EOPS

Job Types: Full-time, Contract

Pay: $23.00 - $24.71 per hour

Expected hours: 40 per week

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Work Location: Hybrid remote in Minneapolis, MN 55402

Salary : $23 - $25

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