Commercial Loan Documentation Officer

Description

River City Bank is seeking a Commercial Loan Documentation Officer to join our team. The ideal candidate will be responsible for performing a variety of analytical and administrative loan documentation functions for commercial loans. The position works closely with loan officers and credit analysts to produce documents for large and complex loans including CRE, asset-based loans, letters of credit, agricultural and construction loans.

Essential Functions

• Protects the bank’s interests and reputation by producing high quality, professional and accurate loan documentation.
• Works independently and requires nominal guidance.
• Works closely with officers & credit analysts to ensure acute understanding of deal points for large, complex loans including non-standard CRE, Asset Based Loans, syndicated and participated loans.
• Communicates with all levels of staff (including senior management and operations staff) addressing potential issues, including operational challenges that may be inherent in the complex deal structure.
• Works closely with loan administration to develop processes and or tools needed to manage and maintain accuracy of loan documentation and accounting.
• Primary interface with internal and external legal counsel for documents produced both internally and externally.
• Controls costs associated with use of outside counsel.
• Identifies documentation needs for internally produced documents; standardizes language, provides training to new lending staff, and identifies redundancies in process related to documentation.
• Manages bank relationships, communications, in syndicated transactions where RCB is the agent, or selling bank in the case of a participated loan. Ensures accurate internal accounting and loan maintenance.
• Has authority to accept documentation changes in loans up to a certain dollar amount (limit to be established following training period).
• Provides back up and support to Loan Documentation Manager and Documentation staff as needed.
• Understands and can produce documentation for consumer and small business loans, in addition to large commercial loans.
• Follows complex deals through drafting, execution, closing and boarding to ensure accuracy in interpretation at all levels of the bank and steps in the process.

Requirements

• Minimum of five (5) years of commercial loan documentation experience.
• Bachelor’s degree from an accredited college or equivalent in related years’ work experience.
• Ability to read, understand and administer complex legal agreements.
• Excellent writing ability; must be able to translate negotiated deal points and conditions into clear, concise and accurate language.
• High attention to detail.
• Experience using LaserPro document preparation software.
• Demonstrated proficiency in Excel.

Additional Comments:

River City Bank is an Affirmative Action and Equal Opportunity Employer with a commitment to diversity. Individuals seeking employment at River City Bank are considered without regards to ancestry, age, color, physical or mental disability, genetic information, gender, gender identity, gender expression, marital status, medical condition, national origin, race, religion, sex, sexual orientation, protected veteran/military status or any other consideration made unlawful by federal, state or local laws. Note: River City Bank does not sponsor applicants for work visas.

For CA residents please read the Notice at Collection - California before applying.