Job Description

Commercial Lending Coordinator – To $60K – Houston, TX – Job # 3294

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a Commercial Lending Coordinator role in the Houston, TX market. The successful candidate will be responsible for the preparation and review of supporting loan documentation and checklists for execution in coordination with outside counsel for new loans, renewals, modifications or other loan agreements using specific approved loan terms while complying with internal policies and procedures as well as regulatory and legal requirements. Additionally, the position will require payment processing, document drawing, funding, and some loan servicing functions of commercial loans and share relationships.

This position offers a generous base salary of up to $60K plus commission and full benefits. (This is not a remote position).

Commercial Lending Coordinator responsibilities include:

• Responsible for initiating and driving the loan closing process, coordinating the activities, decisions, and communications amongst the deal team with the member or member outside counsel, and third parties. Responsible for generating and completing the Closing Check List for assigned tasks in tandem with the Business Membership Officer and documenting all commercial loans through attorneys or with Credit Union loan docs to ensure the loan is documented and closed within established policies, procedures, guidelines, and regulatory requirements and as per the Loan Approval Worksheet including necessary searches etc. This includes New Loans, Renewals, Modifications, Forbearances etc. Identify and appropriately mitigate exceptions. Responsible for accurate onboarding of all commercial loans on credit union system of record including the creation of Financial, Collateral and Covenant Ticklers etc. within LOS (Sageworks). Responsible for initial lien perfection with title companies and UCC filings, clearance of any post-closing exceptions and going forward lien perfection as noted in Collateral Ticklers. Responsible for ensuring maintenance of proper insurance coverages for credit union collateral and payment of real estate taxes.
• Responsible for engaging approved 3rd Party providers including Appraisal, Environmental Reports (Environmental Limited Site Assessment, Phase I, Phase II), Construction Loan Plan & Cost Review, Construction Project Management Oversight, Field Exams and Collateral Audits etc. Manages construction draws within the approved construction budget and established guidelines and ensures construction loan is in balance.
• Responsible for quality control (2nd line of defense) as applicable ensuring proper boarding of loans and creation of Financial, Collateral, and other ticklers in Sageworks as noted in the Loan Approval Worksheet. Responsible for clearing Financial, Collateral, and other ticklers in Sageworks when presented with proper documentation from the Business Membership Officer(s). Keeps management informed of reporting exceptions. Responsible for preparing all final Reservation of Rights or Default Letter Notices at the direction of the VP of Commercial Credit or Chief Credit Officer in consult with Business Membership Officers.
• Service of member business relationships including uploading of due diligence items into Sageworks/Abrigo files for Underwriting (new deals, renewals, modifications etc). Application of loan payments, line of credit draws, and resolution of Borrower account maintenance issues and inquiries related to commercial loans and business share accounts. Assist with any member account transaction history or documentation history research and loan payoff and/or interest statements as deemed necessary.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• High School Diploma or equivalent.
• Strong written and oral communication skills; must be able to convey complex concepts in a clear and concise manner.
• A minimum of one year up to three years of similar or related experience, including preparatory experience.

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

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