What You’ll Do

This position supports the Real Estate Industries Team throughout the loan process from origination to ongoing portfolio maintenance. This individual has a working knowledge of commercial real estate loan applications, loan documentation, construction loan documentation intake and tracking, and performs various ancillary functions in support of the Real Estate Industries Team.

Responsibilities Include

• Prepare new loan applications in Abrigo, upload customer documents, move through workflow
• Create shared drive file for applicants; create sub-folders for applications, financials and documentation in department’s file format
• Coordinate with Loan Officers to order preliminary title reports, UCC searches, business and personal credit reports, flood certificates, appraisals, environmental reports and tax return verifications (if SBA)
• Review preliminary title reports and advise Loan Officers of items needing attention or to be cleared from title.
• Utilize Abrigo or subsequent credit/processing platforms to start the loan application process, coordinate and order loan documents from the Loan Operations department
• Coordinate with title & escrow companies, prepare loan closing instructions and arrange with borrower for the signing of loan documents
• Review closing instructions and signed loan documents and prepare wire transfer forms for funding
• Prepare document package and boarding instructions for transfer to Loan Operations department for boarding
• Review and approve Title Policies and endorsements
• Assist in the monitoring and disbursement of all FNB commercial and residential construction loans, including:
  • Reviewing the contractor’s draw requests to ensure all items have been properly entered and accounted for; ensuring any discrepancies are brought to the attention of the Loan Officer or the individual approving disbursements
  • Ordering inspections
  • Inputting and balancing FNB line item and summary spreadsheet
  • Obtaining and reviewing all conditional and unconditional lien releases
  • Disbursing funds to borrowers, contractors and vendors
  • Organizing the construction loan files
  • Resolving disbursement issues
• Participate in meetings with contractors, borrowers and Loan Operations to review disbursement guidelines for construction loans and to coordinate the draw process.
• Assist in the preparation and coordination of the loan files for the various Bank examiners, auditors and reviewers
• Interact with new and current Bank customers regarding their loan status, history and payments
• Be able to resolve problems for clients with minimal assistance and be able to explain the lending and SBA process and requirements in a clear manner
• Manage Reg B compliance for team members, including coordinating Notices of Incomplete Applications
• Assist Loan Officers with securing tickler items from borrowers, including but not limited to annual financial statements, property operating statements and rent rolls. Work with Credit Services to monitor and clear the tickler items on the Tickler Report.
• Field incoming sales calls from prospective Bank customers; query prospect regarding needs and determine how to best meet them
• Field incoming calls from existing customers, be able to assist them directly or refer them to the appropriate department for assistance.
• Comply with all applicable Banking compliance rules and regulations established by both internal departments and external agencies

Secondary Responsibilities

• Process, service and assist with SBA loans as needed
• Assist and provide back-up support for SBA servicing actions
• Perform all other duties assigned
• Act as notary for clients and team

What You’ll Need to be Successful

• Analytical Skills – strong problem solving and critical thinking skills
• Communication –ability to speak and write clearly and persuasively in all situations; listen, obtain clarification and respond well to questions
• Accuracy and Thoroughness – strong attention to detail with an emphasis on accuracy
• Comprehension – ability to read and interpret basic and more complex written material and have an understanding of contracts and legal documents
• Collaboration – ability to work well with other departments and individuals
• Planning/Organizing – ability to manage your time effectively t and prioritization of competing demands.
• Productivity – sense of urgency around deadlines and commitments and strive to increase productivity
• Quality – produce high quality work with minimal errors and corrections; commitment to excellence and high standards
• Teamwork – maintain a positive working relationship with your team members; offer guidance when appropriate and welcome feedback from others
• Judgement and Discretion – ability to exercise independent judgment in decision making and maintain confidentiality of sensitive information
• Compliance – consistently adhere to Bank policies and regulations, reinforce training to ensure that Bank employees are aware of UDAAP and do not harm consumers with any act that could be misleading, unfair, deceptive, or abusive in act or practice

Qualifications

• High school diploma or general education degree (GED); some college preferred; and/or
• Minimum of three years’ related experience and/or training; or
• Equivalent combination of education and experience
• Strong working knowledge of Microsoft Excel, Word and Outlook
• Notary Public

Why You Should Apply

• Full-time position with excellent compensation and benefits package
• Generous time off programs
• Bonus program
• Profit-sharing
• Discounted stock purchase program
• Excellent growth and development opportunities
• And much more!

Pay Range (Hourly): $25.00-$31.00/hour

The purpose of this job description is to provide a summary of duties related to the position. It is not intended to be all-inclusive. The employee will perform other reasonable business duties as assigned by supervisor or other management.

First Northern Bank does not discriminate based on race, color, religions, sex, gender identity, age, national origin, marital status, pregnancy, disability, or any other protected status.

The duties outlined in this description are subject to modification or change by the organization, at any time, with or without notice.