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Wholesale Loan Administrator III The candidate will be responsible for coordinating the legal activities associated with the closing of Community Lending loans, including construction loans, affordable housing transactions, tax credits, letter of credit enhanced bond financing and other financing qualifying under the Community Reinvestment Act. Functions include: assessment of legal issues associated with the loans; coordination of multiple parties to the transaction including lending staff and outside attorneys; assess risk through title, survey, lease and document review; recommend strategies for mitigating risk; review and or occasionally draft loan documents and other legal documentation associated with loans,; assist lending staff in devising strategies and documentation negotiations; effectively manage post close follow up, including being accountable for receipt of outstanding items and establishment of accurate electronic files; manage and monitor the life of loan trigger dates and ensure that bank complies under documentation terms. Should have 5+ years of commercial loan closing experience, commercial loan administration experience, or a combination of both. Should preferably have commercial loan documentation, preparation, or review experience. 5+ year’s experience in documenting and closing commercial real estate loans as a paralegal or equivalent experience including experience in drafting unique document provisions; reviewing and analyzing title and survey, lease review, a familiarity with real estate documentation and closing coordination is a plus. Application deadline: 02/15/2018.
Job ID: 5371564
Company infoHiring Coordinator