The Senior Commercial Loan Processor works independently, and is responsible for processing complex to advanced loans, including but not limited to conventional, government, and commercial and residential construction loans or loans that are participated with other lenders. Responsible for collecting and validating all documentation, ensuring effective operations while adhering to regulatory compliance guidelines as defined by commercial loan standards. Acts as a role model for the Commercial Loan Processors. Essential Duties and Responsibilities:
- Responsible for processing complex construction-to-perm loans and participation loans.
- Periodically coaches processing team and performs review of loan files prior to hand off for closing and funding.
- Acts as a liaison and maintains communication between the Commercial Loan Officer and all parties relevant to the loan (borrower, underwriting, appraisal, environmental, etc.).
- Manages and reviews loan pipeline daily.
- Reviews and evaluates purchase contracts, appraisals, and title documents according to policy and guidelines.
- Coordinates with the underwriter and document preparation firm, confirms anticipated closing date and prepares loan file for closing process.
- Assumes periodic responsibility in the closing, funding, and boarding of complex loan files at peak times, including preparing attorney closing instructions, reviewing loan documents, closing statements, and due diligence items.
- Familiarity with reviewing title commitments and all schedule exceptions.
- Assists Commercial Fulfillment Manager with compiling and producing periodic reporting and coordinating ongoing sales transactions with other financial institutions.
- Monitors and keeps current with NCUA, TCUD, Small Business Administration (SBA), and Uniform Commercial Code (UCC) rules and regulations.
- Takes accountability and creates ways to provide a best-in-class member experience.
- Completes any other job-related duties needed to help drive to our Vision, fulfill our Purpose, and abide by our Organization's Values.
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Minimum Qualifications:
Education:
- Associates degree or an equivalent mix of education and experience is a requirement.
Experience:
- Four or more years of job-related experience including familiarity with documenting and processing complex to advanced commercial construction, mortgage, and participation loans.
Knowledge, Skills, and Abilities:
- Team leadership and development skills.
- Ability to work both remotely and collaboratively and maintain efficiency in either environment.
- Strong interpersonal written and verbal communication skills and strategic and creative thinking abilities.
- Demonstrates effective time management.
- Prioritizes daily workflow to achieve results.
- Assumes responsibility for achieving results.
- Strong working knowledge of relevant software including Microsoft Office, Word and Excel.
- Ability to adapt to change
- Strong desire to be a part of a collaborative, team-first environment
- Strong desire to learn and has a continuous improvement mindset.
- Demonstrate strong core values of integrity, inclusion, empathy, and accountability.
Physical Demands and Work Environment: (The physical demands and work environment characteristics described herein are representative of those that must be met by an employee to successfully perform essential functions of this position and/or may be encountered while performing essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)
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TDECU
Apr 25, 2025