Loan Coordinator II - FineMark at Commerce Bank

Scottsdale, Arizona, United States -

Full Time

Start Date

Immediate

Expiry Date

01 Apr, 26

Salary

0.0

Posted On

01 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Documentation, Loan Closing, RESPA, TRID, Regulation Z, Flood Disaster Protection Act, Equal Credit Opportunity Act, Fair Housing Act, Fair Credit Reporting Act, Proofreading, Organizational Skills, Attention to Detail, Communication Skills, Team Player, Microsoft Word, Microsoft Excel

Industry

Banking

Description

About Working at FineMark Bank and Trust, a division of Commerce Bank FineMark Bank & Trust, a division of Commerce Bank, delivers exceptional service in banking, trust, and investments, fostering long-lasting client relationships. We provide a workplace grounded in integrity, teamwork, and an entrepreneurial spirit, where associates are empowered to contribute and serve with purpose. Our culture is rooted in doing what is right, with an emphasis on thoughtful innovation, sound decision-making, and delivering the highest level of service to our clients. About This Job The main purpose of this job is to work closely with loan officers, credit analysts and clients in the coordination of the entire loan process --- application, loan documentation and closing. Conducts some maintenance on all loan types Essential Functions Receive applications/approved loans and prepare documents for all loan types; may work and coordinate documents with outside attorneys Document and close all loan types with little to no assistance being provided regardless of the loan's complexity (i.e. participations/syndications; complex structures; complex entities, etc.) Oversee the collateral and security-perfection process for loan closings Prior to closing, review loan files to ensure completeness; review process includes, but is not limited to, proper vesting, security descriptions, dates and signatures Assist in training new associates and collaborate on developing training plans Facilitate loan Booking and Funding (disbursements), perform post-closing follow-up which includes, but is not limited to, confirmation of complete and properly signed documents/checklists and that all insurance requirements have been met Answer inquiries concerning loan processing and servicing Perform other duties as assigned Knowledge, Skills & Abilities Required Extensive experience in at least three of the four loan types: consumer, commercial, residential or construction and is relied upon by fellow associates to provide assistance with their loan type Strong knowledge of RESPA, TRID/Regulation Z (Truth-in-Lending), Flood Disaster Protection Act, Equal Credit Opportunity Act, Fair Housing Act and Fair Credit Reporting Act, etc. Ability to prepare loan documentation, process and close all loan types Strong knowledge of legal requirements of lien perfection and loan compliance Excellent proofreading and organizational skills Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook Education & Experience Bachelor’s degree in related field or equivalent combination of education and experience required 4+ years’ experience in loan documentation/closings required The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more. Location: 7600 East Doubletree Ranch Road, Suite 100, Scottsdale, Arizona 85258 Time Type: Full time Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team. Why Commerce? Inclusion at Commerce How to Join Our Team Want to be notified of positions that fit your preferences? Follow these easy steps: Create a Candidate Account at the top of the page by selecting "Sign In" upper right corner Sign-up up for Job Alerts We’ll contact you about positions that match your skills and interests Equal Opportunity Employer Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, color, ancestry, ethnicity, gender identity, gender expression, sex, sexual orientation, disability (including physical or mental handicap), age, veteran status, military status, national origin, religion, pregnancy status, marital status, genetic information, or any other status protected by applicable federal, state or local law.

Responsibilities

The Loan Coordinator II will coordinate the entire loan process, including application, documentation, and closing. They will also oversee collateral processes and assist in training new associates.