Commercial Loan Assistant I

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Park National Bank

Posted 2 months ago

Full Time

Newark, Ohio

Hybrid

Smart Summary

Responsibilities

The Commercial Loan Assistant coordinates documentation collection and reviews third-party reports to ensure timely loan closings. They also maintain accurate loan data in the origination system while ensuring compliance with bank policies and regulatory requirements.

Qualifications

You have experience coordinating and collecting required documentation to meet loan closing deadlines. You are proficient in reviewing loan documents for accuracy and completeness, and have the ability to research and resolve loan issues promptly. Basic computer skills and strong organizational abilities are essential for this role.

Must Have Skills for ATS

Loan Origination System

UCC searches

Title

Appraisal

Flood determinations

Insurance

Job Description

*Role not eligible for sponsorship*

RESPONSIBILITIES

  • Coordinate and collect required documentation from clients, vendors, and internal stakeholders to meet loan closing deadlines.
  • Order and review third-party reports including title, appraisal/evaluation, UCC searches, environmental screens, flood determinations, and insurance.
  • Ensure proper documentation and loan coding in compliance with regulatory requirements.
  • Review loan documents for accuracy and completeness, escalating issues as needed.
  • Validate and maintain accurate loan data in the loan origination system.
  • Research and resolve loan issues promptly.
  • Collaborate with third parties (title company, Insurance agency, etc.) to ensure requirements of loan closing are met.
  • Perform or request maintenance and servicing on commercial loans, as requested.
  • Attend and participate in loan assistant meetings.
  • Maintain awareness of and adherence to Bank’s compliance requirements and risk management concepts, expectations, policies and procedures and apply them to daily tasks
  • Deliver a consistent, high level of service within our Serving More standards
  • Other duties as assigned

COMPETENCIES

  • Interpersonal/Customer Service Skills
  • Written and Verbal Communication
  • Ability to understand and follow directions
  • Adaptable to change
  • Basic Computer Skills
  • Organizational Skills/Detail Oriented
  • Able to Multi-Task or Juggle Priorities
  • Ability to work as part of a team

SCHEDULE

Office hours are Monday through Friday 8:00am to 5:00pm. This position is hourly and full time. A minimum 37.5 hours is required to maintain eligibility for full-time status. 

A flexible work arrangement is available for this position after training. May have the option of working from home two days a week. Please speak to the hiring manager for more information.

Physical Requirements

This position must be able to remain in a stationary position a minimum of 75% of the time, constantly operate a computer, and be able to be in constant communication with customers and coworkers to discuss and observe account information in order to exchange accurate information.

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Park National Bank

Banking is about relationships more than money. We’re a family of successful community banking teams led by strong, local leadership. We connect the convenience and resources of a national bank with hands-on, personalized service. Our commitment to serving with integrity and reliability has led to relationships that last generations. Our size and strength give customers flexible, banking options and convenience with extensive branch and ATM coverage. A wide variety of secure digital services help people manage their money anytime, anywhere. We want customers to bank the way they want and benefit from accounts that work for them. Whether it’s a home or vehicle loan, business loan or line of credit, our customer’s financial goals are our priority. At our core, we’re a community bank. From personal connections to large-scale partnerships, we work hand-in-hand to positively impact our communities, one customer at a time. THE ASSOCIATE EXPERIENCE: At Park, banking is about more than money, and your job is more than the work you do. Experience a career that ignites your passion to serve, unlocks your potential to grow and fuels the life you want to build for yourself and those you love. This is the official page for Park National Bank, headquartered in Newark, OH. Member FDIC. Equal Housing Lender
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