Commercial Loan Documentation Specialist

Tioga State Bank is a community bank the Southern Tier of NY. TSB has been in this area for 160 years and has a reputation as an excellent employer having been recognized as one of the nation's " Banks to Work For" for six consecutive years. If you are interested in working for an organization with an excellent work culture where all employees are part of a great team take a close look at this position and let us know if you are interested in learning more.

EQUAL OPPORTUNITY and AFFIRMATIVE ACTION EMPLOYER, VETERANS AND DISABILITY

Compensation listed is the range of pay for this position. The actual pay offered to the individual hired for this position will be based on the individual's experience, knowledge, education, etc.

Commercial Loan Documentation Specialist

Assists both internal and external customers with questions on commercial loans. Reviews all documentation is properly prepared to ensure compliance with all applicable federal, state and local regulations, as well as bank policies and procedures. Prepares loan files for closings.

ESSENTIAL FUNCTIONS/MAJOR DUTIES

· Assists loan officers and branch office staff with loan documentation questions and problems.

· Assists both internal and external customers with questions on commercial loans.

· Prepares adverse action notifications and other forms, documents and correspondence.

· Reviews approved Loan Approval Records (LARs) prior to document preparation and monitors lending limits.

· Prepares loan packages for closings using LoanVantage and Laser Pro systems; ensures proper documentation is included.

· Schedules loan closings with loan officers and legal counsel.

· Sets up and maintains credit and collateral files.

· Maintains tracking system and prepares various reports to monitor exceptions to documentation and policy.

· Orders title searches, inspections, appraisals, flood certificates, and credit reports and confers with legal counsel.

· Ensures completeness of documents and perfection of liens.

· Maintains various credit, collateral and loan files according to established procedures, including outstanding items report.

· Reviews all documentation to ensure compliance with all applicable federal, state and local regulations, as well as bank policies and procedures.

· Ensures collateral files are complete and up to date (i.e., financing statements are current or continued, insurance information is up to date, etc.).

· Calculates payoffs and prepares collateral releases.

· Processes floor plan advances and payoffs.

· Performs other duties as assigned.

MINIMUM QUALIFICATIONS

Job Specific Knowledge, Skills & Abilities:

· Proficient skills in MS Word and Excel.

· Ability to establish work priorities and remain flexible; ability to efficiently respond in an effective manner to a variety of demands in fast-paced environment.

· Strong organizational skills, attention to detail and accuracy skills.

· Customer service skills.

· Ability to maintain use of discretion.

Education and/or Experience:

· High school diploma or equivalent required.

· Associates Degree specializing in a related field preferred.

· Minimum 3 years experience with commercial loan documentation preferred.

· Some experience with Streamline and Laser Pro platform systems preferred.

Job Type: Part-time

Pay: $17.76 - $23.63 per hour

Expected hours: 20 – 24 per week

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• 4 hour shift

Education:

• High school or equivalent (Required)

Ability to Relocate:

• Owego, NY 13827: Relocate before starting work (Required)

Work Location: In person