Loan Coordinator Job at St. Louis Bank, Saint Louis, MO

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  • St. Louis Bank
  • Saint Louis, MO

Job Description

Job Description

Job Description

Description:

Job Summary

The role of the Loan Coordinator is to independently support both internal and external clients within Commercial Banking. The position supports internal clients (primarily Loan Officers and Loan Administration) by managing portions of account relationships pertaining to loan documentation, maintenance, monitoring and addressing loan exceptions, past due/matured loans, credit files, overdraft reports, customer tracking spreadsheets and covenant monitoring. The external clients are supported by providing customer support for loan and deposit related products, including loan document review, loan closings, account research, information requests, title and appraisal ordering, wire transfers, etc. Other duties may include support for Advisory Board activities and Board of Directors report generation.

Job Responsibilities

  • Compile new and renewal loan packages from the Lender by ordering title work, flood letter, appraisal, request proof of insurance, UCC searches, corporate good standing and corporate paperwork, CIP verification, run credit reports, complete checklist and give to Loan Documentation Department as a complete package.
  • After loan has been closed, verify that all documents have been executed properly, notarize any necessary documents, send out
  • Loan proceeds checks, and give to Loan Administration for booking in a timely manner.
  • Assist with lender post-closing disbursements as needed.
  • Promote and maintain positive relations with all contacts, customers and potential customers.
  • Set up, organize, administer, and maintain credit files and credit file exceptions.
  • Image loan documents and update exceptions.
  • Attend loan closings if asked by the Lender.
  • Attend employee meetings and functions as required.
  • Perform other duties as assigned by management.
  • Research data on Fi-Serv and Image systems.

Qualifications, Knowledge, and Skills

  • Advanced degree in business, finance or similar field a plus
  • A minimum of 3 years of commercial loan or relevant experience.
  • Outstanding interpersonal communication skills with a customer service orientation
  • Strong organizational skills and a detail orientation
  • Advanced computer skills.
  • Good verbal and written communication skills.
  • General understanding of commercial lending including terminology including title, insurance and appraisal issues.

Work Environment

  • General office conditions
  • Must be able to work effectively at a computer for extended periods of time
  • Regular attendance is necessary

Disclaimer

All offers for employment with Saint Louis Bank are contingent upon the candidate having successfully completed a criminal background check. Saint Louis Bank will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Saint Louis Bank is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Requirements:

Job Tags

Local area,

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