Commercial Loan Documentation Administrator

The Commercial Loan Documentation Administrator supports the daily workflow auditing and preparing files for loan closings. This role is responsible for the preparation of accurate loan documents for commercial loans, owner occupied commercial real estate loans, and Small Business Administration loans. In addition, this role assists in the process for collateral perfection, closing, and funding for the bank's Commercial and Government Guaranteed lending divisions.

Key Responsibilities and Duties

• Supports lending in Commercial & Industrial (C&I) and Small Business Administration (SBA), working capital lines of credit, equipment financing, Letters of Credit, term loans, and owner-occupied real estate.

• Communicates with external and internal customers as needed. Daily interaction with loan officers, loan servicing, underwriting, and processing teams, attorneys, escrow/title, appraisers, as will with all other third parties, as required.

• Audits and reviews loan files to ensure accurate and necessary documentation for fundings and closings have been met. Assists with follow-up on any outstanding closing conditions; tracts receipts of incoming documents and handles requests and inquires to ensure timely closing of loans.

• Identifies erroneous issues and escalate to management with suggestion for resolution.

• Responsible for the deal execution and closing process from point of loan approval through post-closing. Ensuring compliance with the Organization's credit policy, as well as, as applicable State and Federal banking regulations.

• Calculates final closing costs and supports disbursement of funds in accordance with loan documentation. In addition, processes receipts and submission of vendor invoices through accounts payable system.

• Monitors commercial lending pipelines to ensure timely closing in a fast-paced environment. Maintains all internal closing/deal execution checklists and reports including HMDA/CRA data. Prepares and issues adverse action notices when applicable.

• Other duties as assigned.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

7IC

Additional SBA key responsibilities include:

• Understand the SBA requirements for SBA eligibility according to the most recent Standard Operating Procedures (SOP) as published by the SBA

• Remain current on pending and proposed regulatory changes affecting compliance and Standard Operating Procedure (SOP) with SBA

• Review for errors and prepare recommendations to correct errors that could potentially put the Bank at risk for losing an SBA guaranty or obtaining penalties

Preferred Qualifications

• 5+ years of SBA loan documentation & closing experience

• Working knowledge of LaserPro Commercial & SBA modules

• Experience with preparing & understanding attorney documents

• Strong knowledge of Entity Structures and related documents

• Auditing, Closing & Funding experience in SBA

• Strong knowledge in perfecting all types of collateral

• Ability to work in a high volume/high production environment

• Proficient in Microsoft Office suite.

• Demonstrated ability to provide high-level of customer service with a pro-active approach to problem solving.

• Strong organizational, verbal, and written communication skills.

• Good analytical skills and high level of attention to detail.

• Ability to multi-task and reprioritize tasks throughout the day to ensure deadlines are met, often working independently.

Posting End Date: 09/13/24

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Company Summary

EverBank provides nationwide banking services to consumer and commercial clients through a variety of channels, including online and mobile applications, as well as its Florida-based financial centers.

VEVRAA Federal Contractor

Benefits Summary

EverBank is committed to the well-being of its associates. That's why we offer a comprehensive Total Rewards package commensurate with the position and job-related qualifications, skills and knowledge. EverBank strives to pay wages competitive with those prevailing in our geographic areas and industry.

EverBank's Total Rewards package includes superior benefits such as, health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

EverBank prohibits pay discrimination on the basis of any protected characteristic.

EverBank may require a background check as a condition of employment. Qualified applicants with arrest and/or conviction records will be considered in accordance with applicable federal, state, and local laws and regulations, including, but not limited to, any laws and regulations specifically pertaining to banks and federal contractors.

EverBank seeks priority referrals of protected veterans for jobs at all locations within the state.

Pay Range $88,000 to $119,100

EEO Statement

EverBank, N.A. is an equal opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, EverBank expressly prohibits discrimination, harassment and retaliation based on protected characteristics such as race, creed, ethnicity, color, age, religion, sex, sex stereotype, pregnancy, sexual orientation, gender, gender identity, gender expression, transgender status, marital status, national origin, ancestry, physical or mental disability, genetic history and information, or military or veteran status. Providing a safe, inclusive environment is a priority at EverBank and, consistent with that mission, EverBank considers all qualified applicants for employment regardless of protected status.

Pay Transparency Non-Discrimination Provision

We will not discharge or in any other manner discriminate against associates or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another associate or applicant. However, associates who have access to the compensation information of other associates or applicants as a part of their essential job functions cannot disclose the pay of other associates or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by us, or (c) consistent with our legal duty to furnish information. If you believe that you have experienced discrimination, contact OFCCP at 1.800.397.6251. TTY 1.877.889.5627. www.dol.gov/ofccp (https://urldefense.com/v3/__http:/www.dol.gov/ofccp__;!!L8-7AA!WETVLfn333rqXNYi0-qITSUktDEWiFnQqvstF1J-gO8B03ANdCf4ucPkrvzeJpXk8bwyTvLqjEa8-JEpoxwcjXaB$) .

Machine Readable Files

The Transparency in Coverage Final Rules require certain group health plans to disclose on a public website information regarding in-network provider rates and historical out-of-network allowed amounts and billed charges for covered items and services in two separate machine-readable files (MRFs). The MRFs for the benefit package options under are linked below:

Machine Readable Files (MRFs) - Aetna