Commercial Operations Associate
1 week ago
At Stifel, we strive for a culture that puts our clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.
The estimated salary for this role is $60,000 - $80,000 per year, depending on experience.
Job DescriptionThe Commercial Post Close Associate II will ensure loan files are completed accurately and tracked for the life of the loan. This role will work closely with other commercial loan team members to create proper dialogue and accurate loan documentation while balancing service, quality, compliance, and relationship building.
Key Responsibilities:- Work closely with commercial loan team members to create proper dialogue and accurate loan documentation.
- Track and follow up on the receipt of original legal documentation.
- Maintain insurance on loan files.
- Track UCCs, Paid Tax Returns, and other collateral-related items.
- Release paid files in a timely fashion.
- Complete QA for payments, advances, and rate changes on loans.
- Upload documentation to the imaging system.
- Complete loan review on new and modified loans to ensure the receipt of required documents to close and accurate entry into the loan system.
This role requires intermediate knowledge of industry regulations, including the Fair Credit Reporting Act, the Real Estate Settlement Procedures Act, the Community Reinvestment Act, Truth-in-Lending laws, etc.
Excellent communication skills, both written and verbal, are essential for this role.
Organizational skills and attention to detail with a high degree of accuracy are also required.
BenefitsStifel offers an entrepreneurial environment, comprehensive benefits package to include health, dental, and vision care, 401(k), wellness initiatives, life insurance, and paid time off.
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