Comm. Loan Operations Specialist IV COMME003649

Cadence Bank • Tupelo, MS • 3w ago

Description

Job Posting: The Loan Closer is responsible for coordinating syndicated and complex commercial loans closing as well as issuing a clear to close to authorize loan closings. This position requires a comprehensive understanding of loan syndications, complex commercial lines of credit, regulatory requirements, credit policy, collateral, insurance, loan servicing, and GAAP loan accounting. How You will Make an Impact (Principal Duties and Responsibilities): Read and interpret complex loan agreements and credit approval documents to assess regulatory and credit policy compliance. Issue to Clear to Close memos authorizing loan closings. Read and interpret complex credit agreements and assess system functionality to book commercial deals in accordance terms outlined in the credit agreement and with GAAP. Close, fund, and book loans into CLS as assigned. Provide guidance to RMs and attorneys on deals structuring and certain legal language in the credit agreements. Consistently exercise strong judgment around regulatory issues consulting with Compliance as needed. Use comprehensive understanding of commercial loan activity to provide insight around collateral documentation and servicing of complex credits. Communicate effectively upward and downward, with outside attorneys, and other financial institutions. Monitoring assigned work queues to ensure performance is within service level agreement. Following and maintain internal controls. Provide knowledge and expertise to assist in development of procedures and job aids in the flow of closing and booking activity. Escalate potential client issues to senior manager timely. Review and approve peer transactions as requested. Job Specifications: College degree preferred in Banking & Finance or Accounting Minimum 3-5 years experience with Syndicated Loan Closings or Loan Servicing CLS (f.k.a) ACBS loan system expert Regular and reliable attendance Results oriented and detailed driven Operates with a sense of urgency Excellent understanding of regulatory requirements and the ability to read, interpret, and execute on applicable requirements Ability to read and interpret complex loan agreements and assess system functionality to book and service complex credits Excellent understanding of collateral documentation Strong understanding of loan trading processes Excellent understanding of loan accounting and revenue recognition requirements in accordance with GAAP Ability to read and interpret credit approvals and credit policy to ensure compliance Excellent communication skills, written and verbal Must be able to communicate upward and downward, with outside attorneys, and other financial institutions Critical thinking and problem solving skills Ability to make independent decisions daily Strong sense of internal and SOX controls Customer service focused

Qualifications

Behaviors Detail Oriented - Capable of carrying out a given task with all details necessary to get the task done well Dedicated - Devoted to a task or purpose with loyalty or integrity

Education High School (required)

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.

Similar Jobs

Manufacturing Engineer I

General Atomics • Tupelo, MS • 1d ago

IT & Engineering

GA's Electromagnetic Systems (EMS) Group focuses on the military and commercial applications of advanced electromagnetic technologies, including power generation and distribution, magnetic levitation, laser and weapons s...

1d ago

Go to Apply

Manufacturing Engineer I

General Atomics • Tupelo, MS • 1d ago

IT & Engineering

1d ago

Go to Apply

Manufacturing Engineer I

General Atomics • Tupelo, MS • 1d ago

IT & Engineering

1d ago

Go to Apply

Manufacturing Engineer I

General Atomics • Tupelo, MS • 1d ago

IT & Engineering

1d ago

Go to Apply

ELECTRIC GROUNDMAN

Mississippi Employer • Belden, MS • 2d ago

Summary: Performs unskilled and semi-skilled manual work in the construction and maintenance of electric facilities; performs work in a safe manner according to construction standards; assists in other duties as directed...

2d ago

Go to Apply

Hospice Registered Nurse

Gentiva • Tupelo, MS • 3d ago

Hospital & Medical

Our Company Gentiva Hospice is a member of the Gentiva family - an industry leader in hospice, palliative, home health, and personal home care. Our place is by the side of those who need us, offering physical, spiritual...

3d ago

Go to Apply

Customer Service Associate - Temporary

Walgreens • Tupelo, MS • 1w ago

Management & Administrative

Job Description: Models and delivers a distinctive and delightful customer experience. Registers sales on assigned cash register, provides customers with courteous, fair, friendly, and efficient checkout service. Custome...

1w ago

Go to Apply

Construction Superintendent

Actalent • Tupelo, MS • 1w ago

Trucking & Construction

Job Title: Construction Superintendent Job Description We are seeking a dedicated Construction Superintendent to lead, direct, and coordinate the work of subcontractors and trade partners. The successful candidate will o...

1w ago

Go to Apply

Warehouse Janitorial Associate

Kellermeyer Bergensons Services • Saltillo, MS • 1w ago

Manufacturing & Warehouse

Kellermeyer Bergensons Services (KBS) has immediate full-time, permanent openings to join our Warehouse Cleaning/Janitorial crew in Saltillo, MS. If you enjoy working in a fast-paced environment and helping make an impac...

1w ago

Go to Apply

Warehouse Part Time Overnight

Lowe's • Tupelo, MS • 2w ago

Manufacturing & Warehouse

Your Impact at Lowe's Receiver/Stocker associates help keep our stores running and provide access to the products our customers need. If you are an active, organized, and safety-minded person with a keen eye for detail,...

2w ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.