S&T Bank Commercial Loan Documentation Specialist II in Indiana, Pennsylvania
North Fifth Street - 355 North Fifth Street, Indiana, PA 15701
Work Days and Expected Hours:
Monday-Friday 8:00 am to 5:00 pm
(Additional hours as necessary to meet the objectives of the department)
Function: Assists Commercial Loan Documentation Assistant Manager, Team Leaders and Bankers in the daily functions of the Commercial Loan Documentation Department. Documents and maintains records for commercial loans to ensure accuracy, consistency and compliance in the loan processing system, according to Corporate Banking Policy, federal and state regulations and the approval.
Duties and Responsibilities:
Acquires and maintains detailed knowledge of all commercial loan products.
Acquires and maintains proficiency in Laser Pro documentation software, Microsoft Word, Excel, Optima, nCino, IBS inquires, email, intranet and internet applications.
Acquires and maintains a thorough knowledge of all applicable laws and S&T Bank Corporate Banking Policy to ensure compliance.
Reviews initial documentation required (i.e. flood determinations, appraisals, property reports, title commitments, UCC-1 searches, domestic lien searches, OFAC, etc.) as stipulated by the underwriter in conjunction with federal & state regulations and bank policy.
Completes searches and inquiries regarding all new borrowing entities for verification of legal existence and current good standing status
Submits requests for supportive documents regarding collateral lien position and vested ownership.
Acquires and maintains thorough knowledge of commercial documentation, with strong emphasis on organizational documents (i.e. by-laws, operating agreements, partnership agreements and trust agreements, etc.) to ensure documents are prepared.
Prepares commercial loan documentation following state and federal regulations, Corporate Banking Policy requirements as well as the loan approval. Prepares all non-Laser Pro documentation in word processing software to complete loan documentation packages. Prepares all exception documents as requested.
Prepares preliminary amortization schedules for Bankers.
Daily interactions including but not limited to bank personnel, insurance agents, attorneys, abstractors, title companies, brokerage firms, other financial institutions, federal, state and local regulators, as well as customers for information needed to have the loan documented properly.
Maintains a good working relationship with bank employees. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.
Performs all additional duties as required.
Operates a keypad device, electronic equipment, office equipment: 90% of the day. The primary parts of the body involved in performing these tasks are the fingers, thumb, hands, wrists, elbows, legs, lower and upper torso and feet. The job requires sitting 6 hours per day in a straight and leaning position. Walking is required one hour per day which is slow in speed. Requires the use of manual dexterity skills for typing and filing up to 60% of the business day. Specific vision requirements include close vision of 18”-20” for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Excellent written communication: Intermediate
Excellent verbal communication: Intermediate
Ability to work independently: Intermediate
Ability to work in a fast-paced environment: Intermediate
Enthusiastic: Shows intense and eager enjoyment and interest
Loyal: Shows firm and constant support to a cause
Dedicated: Devoted to a task or purpose with loyalty or integrity
Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Team Player: Works well as a member of a group
Growth Opportunities: Inspired to perform well by the chance to take on more responsibility
Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization
Goal Completion: Inspired to perform well by the completion of tasks
Work-Life Balance: Inspired to perform well by having ample time to pursue work and interests outside of work
- High School or better in Academic/General
- 1-2 year: Requires a minimum of one to two years of general business experience, with banking and loan experience preferred.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)