Business Banking Specialist II

Job Description:

This person is responsible for providing critical administrative support to the Business/Commercial Bankers throughout the loan process. The Business Banking Specialist II will work closely with Bankers and internal departments on large and complex relationships to meet the team’s business development and client management goals. 

Qualifications: This person should have an associate degree and 4 years of relevant experience, or the equivalent. Experience with complex lending administration and documentation is preferred.  This person should exhibit knowledge of banking concepts, practices, and procedures, including a strong understanding of loan policy and guidelines. The ability to interact at a high level with customers, bankers, and other professionals is required. Exceptional customer service, communication, attention to detail, and collaboration skills are necessary. 

Principal Responsibilities: 

• Assist Business/Commercial Bankers with loan and credit underwriting documentation including, but not limited to title work, appraisals, etc.  

• Initiate and build complex loan documentation utilizing loan operating software and verify all details (orders, collateral, disclosures, etc.) of initial loan files are complete and accurate according to policies and procedures. Work closely with title company and insurance companies as needed. 

• Act as a liaison between bankers and internal departments to coordinate client requests and resolve inquiries. Collaborate closely with internal related departments as loan progresses. Serve as a resource for any funding/post funding questions.  

• Maintain knowledge around the complexity of transactions and related risks (credit, market, operational, legal, compliance, etc.). 

• Follow established procedures and practices for processing business banking products from application to origination. Seek out opportunities to create efficiencies and share recommendations with manager. 

• Perform additional banking services, including completing advances, initiating wire requests, lien releases, making advances/payments, and transfers as needed.  

• Monitor in-process loan files for receipt of complete and accurate documentation for underwriting.  Assist in preparing credit packages for submission to underwriting.   

• Monitor all current business loan files and paid loan files to ensure proper maintenance according to established procedures. Monitor reports, provide loan payoffs, and release collateral. 

• Assist in preparing annual reviews and work multiple discrepancy lists. 

• Remain up to date on system, process, product, and regulatory changes. 

• Attend all team meetings and training opportunities as deemed appropriate by the supervisor. 

• Act in accordance with FBT policies and procedures as set forth in the employee handbook. 

• Adhere to compliance procedures and participate in required compliance training.