Pre-Closing

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: