Business Loan Coordinator - Business Banking - Dallas, TX
JPMorgan Chase - Dallas, TX

This job posting is no longer available on JPMorgan Chase. Find similar jobs: Business Loan Coordinator jobs - JPMorgan Chase jobs

-

140020249

Job Description

Working with complex business/commercial loans and/or all types of SBA loans, serves as the primary liaison between the Credit Approval Officer (CAO) and Relationship Manager (RM) with respect to entity review, collateral review and loan documentation for approved loans. Responsible for review of approval, determination and verification of due diligence to ensure loan will be closed in accordance with approval as well as preparation or coordination of preparation of appropriate loan documentation for new, renewal, & modification of loans. Independently identifies and manages vendor and documentation risk to the bank.

Reviews commercial credit application packages for adherence to credit policy and determination of appropriate due diligence necessary to ensure proper collateral position. Reviews the following: business entity and organizational documents to include trust agreements, good standing of business entities, real estate title work, valuation, & environmental information, UCC searches, etc. as required. Coordinates obtaining or ordering and reviews: title work, surveys, equipment and real estate valuations, flood checks, as well as other reports and information Evaluates all reports and information received with respect to collateral evaluation & verification to determine if terms and conditions of the credit approval will be met. Prepares the loan and compliance documentation necessary to protect the bank's interest.

Qualifications

Requires experience preparing commercial or SBA or mortgage loan documents, including experience with due diligence related to loans

Prefer 5+ years experience with commercial real estate, title work, surveys, construction lending & loan documentation

Prefer thorough knowledge of commercial loan products, business loan sales and underwriting processes.

1+ years compliance experience preferred.

Excellent knowledge of laws and regulations affecting appropriate due diligence, excellent knowledge of real estate lending, loan documentation & perfection of collateral.

Able to act independently in a high volume environment.

Excellent attention to detail, communication skills and PC skills.

Able to communicate well and work independently in a high volume environment.

College degree, paralegal, or equivalent work experience.

JPMorgan Chase is an equal opportunity and affirmative action employer M/F/Disability/Veteran.

Job

Credit Administration

Primary Location

US-TX-Dallas-Plaza Of The Americas / 01534

Organization

CONSUMER & COMMUNITY BANKING

Schedule

Full-time

Job Type

Standard

Shift

Day Job

Employee Status

Regular

Travel

No

Corporate Brand

Chase

JPMorgan Chase - 7 months ago - save job
About this company
5,402 reviews
At JPMorgan Chase, the work we do matters. All of us are committed to putting our resources and our voices to work every day for our...