[Hiring] Corporate Loan Closing Coordinator I @First Commonwealth Bank

Role Description

Responsibilities include but are not limited to:

• Coordinating the closing process for Attorney prepared loans.
• Managing and maintaining loan closing schedule.
• Reviewing Attorney prepared loan documentation in conjunction with Lenders, Portfolio Managers, internal legal Counsel, and borrower’s Counsel to ensure loan documentation adheres to Bank’s requirements and approved structure.
• Providing support to the Attorney Prepared loan documentation team by completing miscellaneous tasks as needed.

Essential Job Responsibilities:

• Coordinates the Attorney prepared loan closing process by acting as a go-between the Attorney Prepared Loan Documentation team and Commercial Lending teams on loan closings to ensure all items needed for closings are received so that loans can be funded and uploaded accurately and timely.
• Create internal invoices for clients.
• Organizes final documentation package to ensure all required documents have been received.
• Manage and maintain loan closing calendar.
• Work with LP team leader to assign loans.
• Ensure all loan workflows are assigned in a timely manner.
• Prepares and updates closing checklists as needed.
• Provides support to the AP documentation team by completing:
• Short Term extension waivers.
• Service Events.
• Amortization Schedules.
• Reviews Attorney prepared loan documents to make sure Bank’s required conditions are included and documents match terms and conditions outlined in Credit Approval.
• Ensures loan documents adhere to the underwriting and loan policy standards of the Bank.
• Acts as a backup to perform other closing functions on an as-needed basis.
• Completes reports, research, and projects upon request.
• Maintains a working knowledge of bank operating policies and procedures.

Qualifications

• A bachelor’s degree in accounting or business-related field and/or two (2) years of equivalent experience required.
• A minimum of two (2) years’ experience with Attorney prepared loan documents is desired.
• A strong understanding of loan structures and financial statements is required.
• A working knowledge of bank operating policies, procedures, and knowledge of compliance regulations related to the position is required.
• Proficient reading, writing, grammar, analytical, mathematical, communication, and interpersonal skills are required.
• Strong computer skills are necessary. Proficiency with MS Excel and MS Word is necessary.
• May be eligible for Telecommuting.