Commercial Pre-Closing

Performs real estate commercial pre-closing reviews to validate adherence to credit union policy, procedures, processes and government regulations to include reviewing entity documents, flood determinations/insurance, appraisals, environmental due diligence, title commitments, surveys, hazard insurance and loan documentation.

Reviews updated procedures associated with exceptions/corrective actions.

Strives for ownership and prompt follow up on findings; debate of disputes in a professional manner and in accordance with policy, procedures and process.

Identifies areas of risk and makes recommendations on operational improvements, processes for compliance, quality assurance and any additional training essential to mitigating risks.

Seeks ways to assist the credit union in strengthening controls, remain compliant and improve efficiency.

Work closely with Compliance to review internal policies and procedures and existing laws, rules and regulations to determine applicable compliance and the adequacy of underlying internal control.

Performs research, participates in training, and reads literature in order to become more knowledgeable about current business and issues related to assigned area(s).

Influence change by identifying process gaps and recommending appropriate solutions in compliance with current laws and regulation.

Prepares pre-closing review report of the findings and trends to management.

Works independently with little supervision while developing and maintaining effective working relationships with peers, loan officers and management.

Works with document specialist to clear new loan exceptions such as security documents including deeds of trust, UCC financing statements, title policies and other required documents within the appropriate time frame.

Performs a monthly audit of denial and withdrawn loans to ensure all loans are accounted for and documented correctly.

All other duties as assigned (note: essential functions and responsibilities may change or new ones may be assigned at any time with or without notice).

Associates Degree (minimum of seven years experience in Commercial Lending may be considered in lieu of Associates Degree).

Ten plus years of experience preferred, minimum of seven years in commercial lending & regulations.

Understanding of RBFCU policies and procedures.

Experience with business banking and commercial lending.

Must be able to identify areas of risk and makes recommendations on operational improvements, processes for compliance, quality assurance and any additional training essential to mitigating risks.

Familiarity with basic programs such as Outlook, Microsoft office, core and LOS systems;

Proven analytical skills, the ability to make independent judgment calls;

Ability to establish positive working relationships with loan processors, loan officers and management.

Ability to prioritize daily work load.