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GenConnect - Chicago, IL
posted 4 days ago
Full-time - Entry Level
Chicago, IL
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About the position
We are looking for someone to join a company's evolving and growing team as a Loan Specialist. In this position, you will work closely with the Credit Department and report to Term Solutions Vice President of Credit & Underwriting. This position will assist in the review of due diligence material for credit approvals and the servicing of existing clients.
Responsibilities
- Reviews and analyzes lending opportunities to determine the appropriate due diligence necessary to document the loan. This includes credit reports, lien & judgment searches, and legal research & documentation.
- Prepares and reviews loan documentation verification checklists. Arranges and sets up files and directories for transactions.
- Prepares preliminary legal transaction documents for credit and legal review.
- Manages loan collateral including recording of title liens & UCC filings (liens, amendments, terminations, etc.) and asset lists.
- Reviews and analyzes existing loan files to ensure all documentation and compliance requirements are accurate and complete. Requests and compiles information from clients, as necessary.
- Responsible for maintaining accurate information in CRM Dynamics system.
Requirements
- Bachelors degree from accredited institution.
- Paralegal experience a plus.
- Experience with UCC filings, managing vehicle titles, and legal research a strong plus.
- Up to and including five years experience in documenting and closing of asset-based and/or commercial loans.
- Strong verbal and written communications skills and the ability to comprehend and analyze legal loan documentation.
- Intermediate skills in Microsoft Word, Excel, Outlook preferred.
- Proficiency with Dynamics 365.
Benefits
- Very competitive total compensation package including base salary and bonus plan
- Health insurance
- Generous 401k match
- Great and flexible personal time-off program
- Flexible work hours
- Casual work environment
