Commercial Loan Operations Coordinator

6 days ago


St Louis, Missouri, United States Stifel Full time

Job Summary

The Commercial Post Close Associate will ensure loan files are completed accurately and tracked for the life of the loan. This role will work with other commercial loan team members to create proper dialogue and accurate loan documentation while balancing service, quality, compliance, and relationship building.

Key Responsibilities

  • Collaborate with commercial loan team members to ensure seamless loan processing.
  • Monitor and follow up on the receipt of original legal documentation to maintain loan file accuracy.
  • Manage loan file insurance to prevent loss or damage.
  • Track and maintain UCCs, Paid Tax Returns, and other collateral-related items to ensure loan security.
  • Release paid files in a timely manner to maintain efficient loan processing.
  • Perform quality assurance checks on payments, advances, and rate changes to ensure loan accuracy.
  • Upload documentation to the imaging system to maintain digital loan records.
  • Maintain customer confidentiality and trust by handling sensitive client information with discretion.

Requirements

  • Familiarity with industry regulations, including the Fair Credit Reporting Act, the Real Estate Settlement Procedures Act, the Community Reinvestment Act, Truth-in-Lending laws, etc.
  • Excellent written and verbal communication skills to effectively collaborate with team members.
  • Strong organizational skills and attention to detail to maintain accurate loan files.

Education and Experience

  • High School Diploma or equivalent required.
  • No experience required, but 1+ years of commercial operations experience is preferred.

Technical Skills

  • Proficient in Microsoft Outlook and Microsoft Suite, including Word and Excel.


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