Pre-Closing

Job Description

Job Description: Senior Specialist Processes specialty lending products and complex loan transactions Completes a comprehensive review of loan documents prepared by outside legal counsel to ensure they meet serviceability requirements and terms of approval Assists in second level reviews of critical items as needed to ensure accuracy prior to releasing closing documents Acts effectively as the first step in the escalation process and exception decisions Assists in training new team members Assists in creating and updating processes and procedures for the department Assists management with special projects Key Competencies for Position Culture Leadership Communication Effectively shares information and ideas with individuals and groups displays self awareness and self management tailors the delivery to the audience and selects suitable delivery method s Execution Leadership Attention to Detail Completes work thoroughly and accurately pursues quality in accomplishing tasks Problem Solving Decision Making Seeks to identify what caused the issue incorporates input from multiple sources e g lines of business subject matter experts data policies procedures etc to ensure effective action and shared ownership decisions are sound based on what was known at the time and are based on a blend of analysis wisdom experience and judgement Technical Knowledge Possesses the required technical knowledge to perform the role effectively continuous learning to adopt new trends or expertise Client Leadership Client Focus Puts the client at the center of all decisions takes action to create a high level of service to internal and external clients makes and maintains long term relationships with clients Qualifications and Education Requirements Associate or bachelor s degree preferred but not required Knowledge of loan documents and experience with loan processing Knowledge of ONB loan policy and Commercial Guidelines preferred but not required Highly organized with a strong attention to detail Strong analytical and problem resolution skills Excellent verbal and written communication skills Must have experience working in a fast paced office environment with service level expectations Must be able to meet deadlines for Team Lead Prior supervisor experience preferred Key Measures of Success Key Deliverables Service Provides high level of service to RMs Speed Delivers product within service level expectations Accuracy Delivers product without errors Key Responsibilities: Loan Processing Reviews and inputs loan submissions from RMs in CML including reviewing financial information ownership loan structure and compliance needs responsible for complete and accurate data entry in CML Communicates with the RM to gather additional information necessary to deem the application as complete and ready for underwriting Completes loan pre closing tasks including ordering appraisals environment reports and title UCC searches performs a detailed and thorough review of entity documents title insurance UCC searches flood determinations and other supporting documentation Collaborates with RM to ensure all conditions precedent to closing required by credit are met Reviews existing loan documents for accuracy and compliance with loan guidelines Finalizes post approval in CML Communicates with underwriting Line of Business Executives and Credit Administration to address policy exceptions Preparation of Loan Documents Utilizes Loan Guidelines and commercial procedures to ensure documents are prepared in accordance with approval document Utilizes special loan software to produce accurate and complete loan documents Prepares template documents outside of loan software i e Rate Modifications Due Date Changes Service Ability to prioritize large pipelines to ensure adherence to service level expectations Exhibits flexibility in response to the changing banking environment Ability to work in a fast paced environment Provides options and solutions when issues arise Additional Responsibilities: Night Shift Any Graduate Preferred Skills: Retail Banking - ONB->Deposits, Wires, AML, Fraud, Mortgage, cards