JOB REQUIREMENTS: Job Description Overview The Loan Closing Control
Administrator is responsible to ensure Attorney Documented Loans are
done in accordance with Attorney guidelines and that all correct lien
positions are achieved. A thorough understanding is required of Johnson
Bank loan policies and procedures, title commitments, the various title
endorsements and final title policies, UCC liens and searches and other
collateral which secures the loan transaction. KEY RESPONSIBILITIES
Position Specific Responsibilities Pre-Close and Post-Close review of
all Attorney Prepared Loans. Ensures that all Commercial Loans
(extensions, modifications, and renewals) are documented according to
the approved credit presentation in accordance with the Bank\'s loan
policy and are in compliance with applicable banking regulations as well
as any other requirements designated by the credit approval authority.
Review all Title Commitments to ensure Lien Position is correct pre
approval, determine whether any payoffs are needed prior to closing;
review all Pro-Forma ALTA Policies confirming market\'s request for
Survey Endorsements, ensure other Endorsements required are correct and
received prior to closing and review all Final Title Policies to ensure
correct lien position is documented. Review UCC searches and other
collateral perfections to ensure its satisfactory and does not contain
exceptions that are unacceptable to the bank. Maintain knowledge of
commercial loan documentation requirements and remain current on all
pending and proposed state and federal regulatory changes impacting
commercial lending. Review all Attorney Certification Letters for Red
Flags and to ensure Attorney followed appropriate Guidelines. Complete
Attorney Boarding Form for boarding loan-to-loan system and ensure all
ticklers are set up for follow-up and any/all checklists completed
Maintain Attorney Prep Guidelines and Instructions. Review any pay-off
letters on all New Money transactions to ensure narrative captures all
prior liens and correct payoffs per approved LP. Work with Commercial
RM\'s and Corresponding Bank on all International Letter of Credit
Requests. Reviewing all documentation for accuracy and follow up on any
outstanding questions or items. Confirm Letter of Credit issued and
follow up on any extensions, renewals or auto- renewals as needed. Back
up to Pre-Close on all internally prepared documents for Commercial and
Consumer Loans. Knowledge of Commercial and Consumer Loan Documentation
is essential. Perform Audits on Commercial Loans Boarded to IBS -
reviewing all manual entered fields for accuracy and loan system matches
Promissory Note and any supporting documents. Other duties as assigned.
Job Requirements Paralegal Degree or equivalent 3-5 years of experience
in Commercial Loan Documents, specifically... For full info follow
application link. Equal Opportunity Employer of Minorities, Females,
Protected Veterans, and Individuals with Disabilities *****
APPLICATION INSTRUCTIONS: Apply Online: ipc.us/t/6D5772433C5F429B