Loan Administrator II - Houston, Texas United States - 41762



JOB DESCRIPTION

Job #: 41762
Title: Loan Administrator II
Job Location: Houston, Texas - United States
Employment Type:
Salary: $40,000.00 - $50,000.00 - US Dollars - Yearly
Employer Will Recruit From: Local
Relocation Paid?: NO

WHY IS THIS A GREAT OPPORTUNITY?


[None Listed]

JOB DESCRIPTION

  • Perform detailed due diligence of the loan documents ensuring all Closing Requirements have been met and proper borrowing resolutions have been obtained
  • Review Outside Counsel Consistency Letter ensuring there are no exceptions and/or outstanding items to be resolved prior to closing
  • Review Post Closing requirements and ensure proper tracking and follow up to resolve
  • Perform due diligence of Flood Requirements
  • Act as liaison between Escrow, Title, Attorneys and all interested parties to coordinate funding and closing of Specialty Lending loans and Syndicated Credit for non-EWB lead.
  • Review collateral support documents to ensure appropriate collateralization and proper lien position pursuant to credit approval.
  • Review CCR to determine appropriate credit approval and completed presentation to close the loan
  • Review and ensure all regulatory and policy compliance issues are satisfied prior to  loan documentation and closing.
  • Recognize and discuss loan transactions with lending staff and credit supervisor to resolve any outstanding issues prior to loan closing.
  • Act as a liaison between relationship managers, and all interested parties to coordinate funding and closing of loans for Specialty Products
  • Review all Credit Lending conditions have been met prior to closing
  • Perform pre-Closing review of Loan Documents post execution
  • Prepare closing documents including but not limited to; Boarding Data Sheet ensuring data accuracy and proper assignment of codes and post-closing requirement
  • Perfect all Collateral including but not limited to Commercial Real Estate, Equipment, Blanket Liens, etc.   
  • May prepare Lender’s Instructions and work closely with Title Companies

QUALIFICATIONS

  • Bachelor Degree in Finance or Accounting preferred or equivalent experience
  • 5 years of experience as a loan administrator or commercial loan documenter
  • Knowledge of all aspects of loan documentation specifically those prepared by Attorneys
  • Knowledge of all Loan Closing requirements and its collateral perfection
  • Good knowledge of entity documents and borrowing authorizations
  • Commercial Loan accounting experience required with FIS preferred
  • Broad knowledge with real estate title work required

Education:
None

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