Job DescriptionCredit Support Specialist IResponsibilities include: Working with Commercial loans, serves as the primary liaison between the Business Relationship Manager (BRM) and Credit Coordinator (CC) with respect to entity review, collateral review, Commercial due diligence review and loan documentation for approved loans.Responsible for review of approval, determination and verification of due diligence to ensure loan will be closed in accordance with approval as well as preparation or coordination of preparation of appropriate loan documentation for new, renewal, & modification of loans.
Independently identifies and manages vendor and documentation risk to the bank.
Typical Job Duties: Reviews Commercial credit application packages for adherence to credit policy and determination of appropriate due diligence necessary to ensure proper collateral position.
Reviews the following: business entity and organizational documents to include trust agreements, good standing of business entities, CC searches, and Purchase Agreements etc.
as required.
Evaluates all reports and information received with respect to collateral evaluation & verification to determine if terms and conditions of the credit approval will be met.
Prepares the loan and compliance documentation necessary to protect the bank’s interest.Qualifications: Requires 1 years Commercial loan experience or related loan document experience and compliance Prefer excellent knowledge of loan documentation, & perfection of collateral, laws and regulations affecting appropriate due diligence Able to act independently in a high volume environment.
Excellent attention to detail, communication skills and PC skills.
Able to communicate well and work independently College degree or equivalent work experience