COMPANY OVERVIEW:
Originally founded in 1922 and headquartered in Dallas, Texas, NexBank (the “Bank”) is part of NexBank Capital, Inc. (the “Company”), a fully integrated financial services organization that includes a commercial and investment bank. NexBank is a leading regional bank with assets of $15 billion. Our clients include large corporations, real estate investors, middle-market companies, small businesses, and banks as well as some of the largest institutional clients in the capital markets. Our divisions provide commercial banking, mortgage banking, investment banking and corporate advisory services to clients throughout the U.S.
POSITION SPECIFICATIONS:
NexBank is seeking a motivated individual to join the growing Commercial Loan Operations group to assist with the operational and processing responsibilities throughout the closing and funding of varying loan types primarily originated through the Commercial Banking Group. Loan types include: commercial real estate acquisition and term loans, as well as commercial and industrial related financings that include revolving lines of credit, letters of credit, and shared national credits, for-sale housing A&D/ construction loans, SBA, and consumer loans. The candidate must have a strong banking background regarding loan originations and skills to learn, understand, and navigate loan origination systems and processes. Experience in loan origination systems such as Finastra-LaserPro, Jack Henry Silverlake, and CT Lien Solutions is preferred. An ideal candidate will possess excellent verbal/written communication skills and proficiency in Microsoft Office tools (MS Outlook, Excel, Word, and PowerPoint). The company headquarters is in Dallas, Texas.
KEY RESPONSIBILITIES:
- Coordinate and complete the loan closing/funding process by working with inter-departmental team members, which include loan officers and credit analysts, and external customers, attorneys, title companies, and third-party vendors with the utmost customer service attitude
- Process tasks daily in order to close/fund loans in a timely and accurate manner using the core loan systems in accordance with bank policy, procedures, loan documentation requirements, and regulatory requirements
- Collect, compile, record, and build the loan closing files in accordance with the proper approved loan closing procedures
- Review, analyze and interpret commercial loan documentation and closing disclosures to ensure accurate loan set-up by completing the loan worksheets by following the proper approved structure and procedure, then submit for final approval
- Understand the requirements to enter loan information into the core loan accounting system ensuring that all required information is complete and data accuracy and integrity are established and maintained
- Prepare exception worksheets for further follow-up by the department for the purpose of collateral perfection
- Initiate wires for loan funding activities in accordance with the bank wire policy, procedure, and other applicable requirements
- Process loan payments, payoffs, and advance/draw requests, in a timely and accurate manner
- Assist team members with solving internal and external customer service issues
- Assist with all internal and external audits and loan reviews
- Cross train with other loan closers and loan servicers to better understand the department as a whole, and in order to maintain the business continuity of the department. Teamwork and internal cooperation with other departments are vital to the efficiency of the department as a whole, and it’s expected in all daily exchanges • Assist the commercial loan operations department in other activities as needed including but not limited to; reviewing loan advances, preforming wire verifications for funding, loan exception management, and departmental data integrity
- Independently research and resolve issues as they present themselves
- Assist with various projects as required by the commercial loan operations department
PROFESSIONAL EXPERIENCE/QUALIFICATIONS:
- 3-5+ years of increasing responsibilities within commercial loan closing, funding and administration; or
- A bachelor's degree with 3-5+ years of experience in commercial loan closing, funding and administration
- Knowledge of commercial loan documentation and collateral perfection, .
- Jack Henry Software Suite Experience preferred
- Understand regulatory guidelines and requirements from bank governing entities, including FDIC
- Ability to coordinate and communicate with various individuals in the bank, such as loan officers and senior officers of the company in addition to your direct supervisor, to be a professional in the work environment
- Ability to meet assigned deadlines in order to close and fund loans as promised to the client
- Ability and willingness to work the appropriate time needed per the workload of the department
- Ability to work independently, responsibly, and effectively with minimal required supervision
- Ability to prioritize and manage multiple projects and responsibilities
COMPENSATION & BENEFITS:
NexBank offers a competitive base salary and bonus based on experience and performance. NexBank offers a generous benefits package that includes an industry leading health insurance plan with no employee premiums or deductibles, for employee or family, employer paid short- and long-term disability, life insurance, dental insurance, and a 401(k) plan with employer match and profit sharing. NexBank also provides free lunch and pantry provisions to employees working on-site. NexBank’s talented professionals share a passion for excellence, commitment to teamwork, and pride based on the firm’s track record in the banking industry. NexBank is an Equal Opportunity Employer.
