Loan Assistant - Pawleys Island

JOB SUMMARY

Assist market executive and designated personnel with the gathering of information and loan documentation for credit analysis, underwriting, closings and maintenance of commercial and consumer loan portfolio, client information, and loan files.  Provide administrative support to market executive.

Direct Reports:  None

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Working with Market Executive, customers, and others to obtain required information and documentation necessary to properly analyze commercial and consumer credit requests.
• Review, understand, verify, and accurately interpret required insurance, corporate organizational documents, and any other documentation necessary per loan type.
• Ensure loan requests are reviewed for HMDA Reporting and compile HMDA Data as applicable.
• Review requests with lender for thorough understanding of credit and aid in facilitating the timely submission of complete applications to processing.
• Prepare and close consumer and commercial loan requests, input loans to OnBoard and Credit Leader as needed.
• Work closely with the loan processing staff to ensure efficient, thorough, and accurate preparation of loan documentation in accordance with loan approval.
• Perform ancillary duties for each loan request including but not limited to: pull credit reports, request appraisals, perform environmental due diligence, good standing checks for all entities related to a loan transaction, and verifying accuracy of customer information files in SilverLake.
• Regularly reviews financial and document exception reports to insure timely clearing of items, communicating with clients, attorneys and other vendors as necessary.
• Monitor past due and maturing loan reports to assist lender with collecting payment and/or addressing credits in a timely manner for processing files requiring renewal, modification or extension.
• Process funding new loan proceeds and fees via online entries, wire transfer, or check, including for non-real estate closings.
• Work in conjunction with Construction Loan Administration as needed to provide ongoing monitoring and administration of construction loans for lender’s portfolio in accordance with regulatory guidelines, bank policy and procedures.
• Coordinate loan closings with attorney offices and pick up closing packages from attorney as needed
• Assists branch staff with loan-related questions and accurate loan payment posting.
• Answering phone and written inquiries concerning loan processing, servicing, loan advances, and information or file maintenance.
• Completes and submits adverse action files on all denied or withdrawn requests.
• Provides administrative support to market executive to include completing expense reports, typing correspondence, and submitting sponsorship and membership documents to accounting
• Ensures compliance with all applicable regulations within area of responsibility.
• Perform other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonabl