Funding Specialist - Commercial Loan Operations - Bowie, MD

Back Funding Specialist - Commercial Loan Operations #61-8271 Bowie, Maryland, United States Apply Apply for this job now! Apply

Location

This position is hybrid. The employee is split between remote and office work on a formalized schedule. Consideration for location will beBowie, MD.

Market

Mid-Atlantic

Work Hours per Week

40

Requirements

High School Diploma or GED.

Associate's or Bachelor's Degree in business related studies a plus.

Minimum of one year of loan documentation experience within a banking or loan closing environment required

Job Description

Summary

This position is directly responsible for the integrity of the commercial loan funding process. This includes ensuring the review of the executed loan documentation is complete and the accurate funding of the commercial loan transaction. This position requires an understanding of policies and procedures as they relate to the commercial lending function.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

Develops and maintains working knowledge of commercial lending standards, banking laws and regulations, and bank credit policies and procedures as they relate to business banking.

Follows and complies with all department procedures and guidelines.

Accurately enters information and uploads documents in workflow system, Finance Center, or other computer software utilized by the department.

Works with Commercial Bankers, Closing Specialists, and the Department Manager, to ensure that all required information has been obtained and all funding deficiencies have been resolved prior to funding the loan transaction.

Performs commercial loan funding activities, including but not limited to : reviewing executed loan documents, identifying and reporting issues that would prevent funding, funding loan, identifying and tracking exceptions, uploading boarding instructions, processing UCC filings.

Other Skills and Abilities

Possesses strong organizational and prioritizing skills.

Ability to multi-task and effectively function under stressful conditions.

Ability to calculate payoffs and closing statement amounts.

Ability to work in a team environment as well as independently.

Must be a team player with a positive outlook.

Computer Skills

Demonstrated proficiency in basic computer applications such as Microsoft Office.

Previous experience with Finance Center software system is helpful.

Additional Information :

The wage range for the Commercial Loan Operations Funding Specialist position is between $21.00 - $24.00 per hour and eligible for approved overtime. The position includes 17 Days of PTO (Paid Time Off), 5 days of STD (Short Term Disability), 11 annual paid holidays, and 1 floating holiday.

WesBanco has an excellent benefits package to include medical, dental, and vision, Health Care Flexible Spending, Dependent Care Flexible Spending, Transportation Fringe Benefit Plan, Group Life, Long Term Disability, Optional Life, access to voluntary benefit products such as Cancer, Term & Universal Life, Accident, Short-Term Disability and Critical Illness policies, and other ancillary benefit products. WesBanco also offers 401(k) with employee match.

Full-Time / Part-Time

Full-time

Area of Interest

Operations

All Locations

Bowie, Maryland, United States