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Republic Bank · 19 hours ago

Commercial Loan Operations Team Lead

Louisville, KY

Full-time

Onsite

Mid, Senior Level

4+ years exp

Republic Bank is committed to making an IMPACT for their clients and associates. The Commercial Loan Operations Team Lead is responsible for overseeing the daily workflow of commercial loan documentation, ensuring compliance with the Bank’s policies, and training new associates within the department.

BankingFinanceFinancial Services

No H1B

Hiring Manager

Adam Perito

Responsibilities

Setup and analyze all incoming loan files on the Bank’s loan operating system for all due diligence items needed to accurately document the loan according to the Bank’s guidelines and compliance standards

Coordinate internal activities with the lending team to work toward an anticipated closing date

Coordinate external activities with title companies, attorneys, surveyors, and other pertinent parties

Work with the lending team to ensure all necessary documentation is collected and stored on the Bank’s loan operating system according to the Bank’s guidelines and compliance standards

Make decisions involved in the negotiation of the loan documents within approval limits and escalate any language that requires additional approval

Review business & trust documentation to determine authorized signers and entity information

Complete daily workflow on files to ensure rescript of all necessary documentation by using the commercial loan operating system

Demonstrate understanding of all loan products, lending authority, and Bank Policy and procedures as they pertain to commercial lending

Determine and clear documentation exceptions and track for trailing items in the commercial loan operating system

Review loans for proper approval and processing completion; knowledge of proper commercial loan documentation necessary to protect the Bank

Ensures that all loans are being disbursed properly, meet compliance guidelines, and completed within department set SLA’s

Deliver loan documentation to closing attorneys and loan officers in timely manner

Review all commercial loan packages for proper documentation, determine if all commercial loan closing documents were returned and comply with all Quality Review requirements

Responsible for overseeing the daily workflow of assignments to the team to achieve desired outcomes

Responsible for aiding and training the team on specialized tasks

Review and verify all applicable loan documentation to ensure quality standards are met in accordance with department guidelines

Serve as back up to the Manager as needed

Prepares all documentation for extensions, modifications, and new commercial loans as needed

Oversee the post-closing functions

Responsible for the general ledger accounts tasked to our area including but not limited to the Lereta (Tax Service) system, including reviewing the bill for accuracy

Responsible for implementation of all procedures to ensure proper training of all associates

Serves as a department resource for continued education within the department

Responsible for department reporting, including research that may be needed and the review of ongoing reports

Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required

Model and foster behaviors that support the Bank’s values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization

Willingly perform all other duties and projects as assigned

Qualification

Commercial loan closingCommercial loan documentationSupervisory experienceMicrosoft Office proficiencyHigh energy levelVerbal communicationWritten communicationTeamworkSelf-motivation