Commercial Loan Documentation Specialist III

Validates that all necessary information has been gathered by the Closing Specialists and provided to doc prep for each loan transaction assigned for doc prepPerforms a review of the documentation received from the Closing Specialist, ensuring accuracy of the data as well as compliance to any federal regulations, the bank's credit policy and the banks underwriting guidelinesEnsures that all conditions have been met per the credit approval, creates instructions for the boarding area to capture any pre-funding conditions or post-closing follow-up tickler items as needed.Responsible for identifying and addressing any missing items. Makes recommendations for corrective action or requests additional documentation deemed necessary to the transaction in order to minimize potential documentary discrepancies or risk to the bankCollaborates with the lender, credit department, and/or Loan Closing Specialist on the deal structure. Consults management to resolve issues or to seek approval for exceptions or waiversResponsible to follow up with Loan Officer or Closing Specialist to have any re-approvals needed for changes to the credit write up, if applicableEvaluates corporate documentation such as Articles of Incorporation, Operating Agreements and/or By Laws to determine or validate the identified signers for the transaction.Prepares legal loan documentation in accordance with the loan approval and federal regulations using supporting documentation provided by the Loan Closing SpecialistSelf-audits certain renewal transactions in order to bypass a separate and final quality control audit review, therefore being able to accommodate quicker turn around on these transactionsWorks with a database of exceptions items to clear each one ensuring the banks lien position in pledged collateral, which includes (but is not limited to) the collection of recorded mortgages, assignment of rents, title policies, vehicle titles and recorded UCC's are receivedProvides training to other team members within the department Additional Essential Functions for Documentation Specialist III:

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