Job Details

Legal Staff Paralegal in Somerville, NJ

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Company name

Fulton Financial Corporation

Organization Type

In-House

Job Type

Legal Staff

Practice Area

Finance - Banking

Years of Experience

Min 4 yrs required

Location

Somerville, NJ

Date Last Verified

May 02,2018

Posted on

Dec 18,2017

54 hits

Profile

Commercial Loan Assistant II The candidate provides support to commercial lenders with medium to large portfolios that have moderate to complex degree of difficulty in their daily duties in underwriting and monitoring credit, existing and proposed credit requests, providing high level customer service support and performing special projects as directed by management. Gathers data from multiple sources, designing and generating management information and reports of various types related to departmental activities and to the Bank overall. Prepares and/or assists in preparation of commercial banking sales proposals. Manages sales tracking system. Assists with data input and report generation. Works with lenders to ensure accuracy and timely receipt of information. Performs a wide variety of duties to help in the loan approval, renewal, documentation and closing and settlement process. Prepares commitment letters. Prepares commercial loan agreement necessary for new and modified loans for new and existing relationships. Effectively communicates with commercial documentation areas, attorneys and or other areas of the bank to ensure proper documentation. Researches borrower, guarantor and collateral information. Requests appraisals, title insurance, property insurance and coordinate the settlement preparation process. Conducts online searches to order supporting information required to properly document commercial loan transactions including, flood certifications, State UCC searches, Office of Foreign Assets Control Tracking, Articles. Retrieve supporting information required to properly document commercial loans using corporate systems. Attends loan closings and facilitate document signing when requested. Post Closing ensures documentation package is complete and send to loan processing area for booking. Works with customers, lenders and loan review department to assist in clearing collateral, documentation and technical exceptions. Assists in processing releases and satisfaction documents, issuing payoffs and releases for loans including development and construction loans. Provides delinquency management assistance to the lenders through assisting with collection of past due accounts, processing of payments and communicating with customers as necessary. Performs highly skilled administrative functions that support the workflow of the commercial lending office and ensures that customer satisfaction is met. Prepares and answers routine correspondence, assists with customer loan advances and payments, answers billing questions and addresses other customer issues. Answers phone, greets visitors, plans schedule and coordinates appointments, meetings, seminars and other events. Generates and processes memos, letters and reports utilizing word processing and computerized spread sheet systems, including typing, copying, distribution and filing. Maintains and updates financial tracking information on corporate systems, collects updated financial records when requested and maintains receipt of borrowing base certificates.

Qualification and Experience

The candidate should have high school diploma or equivalent experience. Should preferably have 4+ years of commercial lending knowledge with Associate's or Bachelor's degree. Should preferably have 5+ years of commercial lending knowledge with a high school diploma. Should preferably have 1+ year of Paralegal experience. Must be knowledgeable of Bank products, policies and regulations and responsible for opening and completing the appropriate processes on new accounts for commercial banking customers.

Additional info

Requisition ID: 2017-8247

Company info

Hiring Coordinator
Fulton Financial Corporation
1 Penn Square
P.O. Box 4887
Lancaster, PA 17604