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Corporate Loan Closing Coordinator II

First Commonwealth BankPowell, OH

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Job Description

Responsibilities include but not limited to coordinating the closing process for Attorney prepared loans; review of Attorney prepared loan documentation in conjunction with Lenders, Portfolio Managers, internal legal Counsel and borrower's Counsel to ensure loan documentation adheres to Bank's requirements and approved structure.

A Bachelor's degree in Accounting or Business related field and/or five (5) years of equivalent experience is required. A minimum of three (3) years experience working with attorney prepared loan documents desired. Exceptional interpersonal, verbal and written communication, negotiation and presentation skills are necessary. Strong computer and analytical skills are required. Position may be eligible for telecommuting.

Essential Job Responsibilities__

  1. Coordinates the Attorney prepared loan closing process by acting as a go between for the Attorney Prepared Loan Documentation team and Commercial Lending teams on loan closings to ensure all items for closings are received so that loans can be funding and uploaded accurately and timely.
  • Create internal invoices for clients
  • Organizes final documentation package to ensure all required documents have been received.
  1. Reviews Attorney prepared loan documents to make sure Bank's required conditions are included and documents match terms and conditions outlined in Credit Approval.

  2. Prepares closing checklists as needed.

  3. Acts as a backup to perform other closing functions on an as needed basis.

  4. Completes reports, research, and projects upon request.

  5. Ensures loan documents adhere to the underwriting and loan policy standards of the Bank.

  6. Maintains a working knowledge of bank operating policies and procedures.

Bona Fide Occupational Qualifications___

  1. A Bachelor's degree in Accounting or Business related field and/or five (5) years of equivalent experience required.

  2. A minimum of three (3) year's experience with Attorney prepared loan documents is desired.

  3. A strong understanding of loan structures and financial statements are required.

  4. A working knowledge of bank operating policies, procedures and knowledge of compliance regulations related to the position are required.

  5. Proficient reading, writing, grammar, analytical, mathematical, communication and interpersonal skills required.

  6. Strong computer and analytical skills are necessary. Proficiency with MS Excel, and MS Word necessary.

  7. May be eligible for Telecommuting.

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