Middle Office Loan Specialist - Seattle, WA (Remote)

Commerce Bank of Washington, a division of Zions Bancorporation, is currently hiring a Middle Office Loan Specialist in downtown Seattle.  This is a fully remote role.

This specialist will do the following:

·              Advanced/Expert knowledge of general commercial loan documentation, utilizing LaserPro, preparing C&I, real estate, lines of credit, letters of credit, etc. Knowledge of loan closing processes and procedures, lending policies, compliance, and lending regulations. Ability to review, read and interpret moderately complex loan documentation. Advance knowledge of due diligence and risk management requirements

·              Reviews executed loan packages for accuracy and to ensure compliance with regulatory and policy requirements.

·              Review and ensure Borrower client files are organized

·              Submits the final loan package for funding and boarding.

·              Review daily processed work for Notes Department

·              Review boarded loans and complete Boarding Review Checklist for Notes Department

·              Works directly with lending teams to collect, review and distribute due diligence items necessary for loan documentation preparation

·              Strong knowledge in entity structures

·              Ensures appropriate fees and expenses are recorded accurately.

·              Notifies lending team of missing/incorrect items requiring action.

·              Works directly with loan personnel to ensure loan documents are prepared in accordance with credit approval, loan documentation standards and regulatory requirements.

·              Maintains file and follow for any post-closing items

·              Reviews executed loan packages for accuracy and to ensure compliance with regulatory and policy requirements.

·              Ensures appropriate approval and/or waivers and exceptions are obtained.

·              Submits the final loan package to loan operations for funding and boarding.

·              Other duties as assigned.

Qualifications:

·              Requires a High School degree or Equivalent and 3+ years of loan documentation and review, closing or other directly related experience.

·              A combination of education and experience may meet requirements.

·              Working knowledge of general commercial loan documentation, loan closing processes and procedures, lending policies, compliance and lending regulations.

·              Ability to review, read and interpret loan documentation.

·              Knowledge of due diligence and risk management requirements.

·              Must be accurate and detail oriented.

·              Ability to multi-task and meet deadlines.

·              Must have good problem and communication skills, both verbal and written. Working knowledge of pc's and various word processing (Word and Excel) or related software.  

Benefits:

·              Medical, Dental and Vision Insurance - START DAY ONE!

·              Life and Disability Insurance, Paid Parental Leave and Adoption Assistance

·              Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts

·              Paid Training, 15 days of Paid Time Off (PTO) and 11 Paid Federal Holidays

·              401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience

·              Mental health benefits including coaching and therapy sessions

·              Tuition Reimbursement for qualifying employees

·              Employee Ambassador preferred banking products

·              Employees may, at the company’s discretion, be eligible to receive a cash bonus award

·              Middle Office Loan Specialist IV - $24.80 to $36.15

HISTORY

The Commerce Bank of Washington believes that delivering exceptional service to our clients is the single most important function we perform in our role as bankers. We are dedicated to enriching businesses and professional firms by providing them and their principals with highly personalized banking and investment banking services from experienced bankers committed to long-term banking relationships. As a true partner we help local entrepreneurs and professionals realize their full potential by providing banking services that serve their unique needs.