• Serves as primary support contact providing administrative and internal/external support for the Business Lending Team in all areas, with the exception of underwriting and loan approvals
• Loan Specialist will monitor business loan relationships, assist with customer service needs, produce/review loan documentation, ensure proper collateral perfection, and manage up-to-date relationship tracking
• Upholds legal, regulatory and compliance requirements unique to the role, in addition to Bank Secrecy Act, Anti-Money Laundering, OFAC, and Information Security policies and procedures
• Completes annually required compliance related courses as established by Harborstone Credit Union policies and/or practices
• Prepares in-house commercial, participation, SBA and secondary market loan documentation on a timely basis for various products, for all segments of business banking
• Performs duties related to the processing and/or closing of loans
• Provides information and assistance to loan originators, members, title companies, escrow firms or dealers during the set up/funding and/or construction loan processing and closing process
• Coordinates loan documentation and reviews/processes documentation and files to ensure loan package completion to meet lending specifications

Assists with credit approval process as needed (i.e managing/tracking internal loan codes, approval documentation, deposit balances, etc.)

• Reviews and monitors loan documents for accuracy, completeness and adherence to approval conditions occasionally providing recommendations for language to include in the loan documents if appropriate
• Reviews title insurance commitments and exceptions on commercial real estate loans, providing feedback on errors or omissions

Coordinates funding process, prepares closing escrow instructions and manages timeframes for commercial real estate loans

• Completes annually required Product and Process Knowledge competency testing, in addition to job related courses as established by Harborstone Credit Union policies and/or practices
• Knowledge of loan documents (Promissory Note, Loan Agreement, Guaranty, etc.)
• Works on assignments that are moderately complex in nature where judgment is required in resolving problems and making routine recommendations
• Ability to maintain high attention to detail with strong organizational and time management skills
• Ability/willingness to work independently and collectively in a team environment
• Proven motivated/self-starter who is flexible and able to adapt quickly to a change in priorities/tasks and a willingness to accept additional responsibilities as opportunities arise
• Requires basic arithmetic skills, knowledge of operational procedures, practices and policies
• Thorough knowledge of credit union, state and federal policies, procedures and laws regarding lending
• Federal and state consumer and commercial lending regulations
• Fixed, adjustable rate consumer, real estate and business loans

Five or more years' in a financial institution with at least three years' experience processing business/ commercial loans, including participations and SBA loans

Strong working knowledge of a variety of collateral security methods and documentation including knowledge of UCC's, title, escrow, taxes, insurance and real estate documentation relating to commercial real estate

• Minimum $25.88
• Maximum $36.97

Placement in the pay scale will be determined by experience and qualifications