Commercial Loan Operations Team Lead

Commercial Loan Operations Team Lead

Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a career, not just a job!

Republic Bank's values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates. It's one of the reasons we've been named as one of the Best Places to Work in Kentucky for ten years! For more information about the company, please visit www.republicbank.com.

POSITION PURPOSE AND OBJECTIVES

The Commercial Loan Operations Team Lead is responsible for overseeing the commercial loan documentation daily workflow for all commercial lending, creation, coordination, compliance, and review of commercial loan documents to the Bank's policies and procedures. This position will also be responsible for reviewing all closing packages to determine if all necessary documentation has been completed as well as making sure all approval terms have been accurately included in the loan documents. Additionally, this position will be responsible for training all new associates within the department to ensure all specialists have been trained on day-to-day tasks. Including the processing of Complex commercial transactions that will include review and negotiation of attorney prepared loan documents as well as coordination of closings with Bank approved closing attorneys.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

MINIMUM QUALIFICATIONS

Four years of commercial loan closing experience required. Three years of commercial loan documentation experience required. Previous supervisory experience preferred. Proficiency in Microsoft Office products and internet applications.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES

Setup and analyze all incoming loan files on the Bank's loan operating system for all due diligence items needed to accurately document the loan according to the Bank's guidelines and compliance standards. Coordinate internal activities with the lending team to work toward an anticipated closing date. Coordinate external activities with title companies, attorneys, surveyors, and other pertinent parties. Work with the lending team to ensure all necessary documentation is collected and stored on the Bank's loan operating system according to the Bank's guidelines and compliance standards. Make decisions involved in the negotiation of the loan documents within approval limits and escalate any language that requires additional approval. Review business & trust documentation to determine authorized signers and entity information. Complete daily workflow on files to ensure rescript of all necessary documentation by using the commercial loan operating system. Demonstrate understanding of all loan products, lending authority, and Bank Policy and procedures as they pertain to commercial lending. Determine and clear documentation exceptions and track for trailing items in the commercial loan operating system. Review loans for proper approval and processing completion; knowledge of proper commercial loan documentation necessary to protect the Bank. Ensures that all loans are being disbursed properly, meet compliance guidelines, and completed within department set SLA's. Deliver loan documentation to closing attorneys and loan officers in timely manner. Review all commercial loan packages for proper documentation, determine if all commercial loan closing documents were returned and comply with all Quality Review requirement.