Windsor Advantage - Loan Documentation Associate

Capital Bancorp - Indianapolis, IN

Full-time - Entry Level

Hybrid - Indianapolis, IN

Credit Intermediation and Related Activities

About the position

The Loan Documentation Associate will report to the Manager of Documentation and will be responsible for managing a variety of duties necessary for the effective servicing of Government Guaranteed Commercial Loans, with the opportunity to manage critical lender relationships. The Loan Documentation Associate will be responsible for performing a variety of loan documentation compliance/internal reviews with a focus heavily concentrated on the preparation and review of loan closing documents, file indexing, building of liquidation preparatory documentation packages, and interaction with clients and third parties (e.g. Windsor clients (banks), insurance agents, attorneys, CPA's etc.).

Responsibilities

• Exhibit a detailed understanding, application and adherence to Loan Documentation policies and procedures.
• Manage detailed compliance reviews to maintain complete, accurate and auditable electronic supporting documentation packages for all types of loan products.
• Effectively manage Loan Documentation relationships with banks.
• Effectively manage loan collateral lien perfection including life of loan maintenance.
• Research, analyze, and interpret all applicable SBA SOP policies.
• Train and implement new/updated policies when necessary.
• Proficiently use the PCFS2000 Loan Manager system (Loan Manager).
• Prepare and manage loan collateral reports to banks (via email).
• Prepare and manage loan file deliveries to banks (via email).
• Effectively manage cross departmental relationships for follow up on non-compliant loan documentation.
• Ensure that all Bank assets related to the loan closing function are properly safeguarded through insurance and financial documentation against errors, omissions, regulatory criticism, or potential loss.
• Maintain deep client relationships and balance communication skills with a high attention to administrative detail.
• Actively contribute to weekly department meetings to identify, discuss, solve, and implement department process improvements.
• Adhere to all company policies and procedures, Federal and State regulations, and laws.
• Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC.

Requirements

• Bachelor's degree or equivalent experience required.
• Minimum 1-2 years related experience in administration, finance, or similar industry.
• Experience working effectively with off-site team members to complete projects.
• Experience with all forms of closing documentation and closing requirements preferred.
• Experience with all SBA product offerings preferred.
• Experience with USDA product offerings preferred.

Nice-to-haves

• Additional training in loan closing or processing would be preferred.
• Knowledge of legal and closing documents, insurance documents, construction documents, appraisal documents, and environmental documents preferred.
• Extensive knowledge of SBA/USDA, government guaranteed lending preferred.

Benefits

• Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more!
• Company Contributions to your 401k - Regardless of your contribution
• Employee Perks: Employee Recognition Program, Commuter Benefits, Employee Banking Discounts and much more!
• Generous Paid Time Off and Paid Holidays