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Loan Origination Specialist III

ExperiencedNo visa sponsorship
J.P. Morgan logo

at J.P. Morgan

Bulge Bracket Investment Banks

Posted 3 days ago

No clicks

**Loan Origination Specialist III - Columbus, OH** As a Loan Origination Specialist III, you'll serve as the bridge between business managers and credit coordinators, focusing on commercial loans and specialized products. Key responsibilities include reviewing credit applications, performing due diligence on collateral and entities, coordinating reports, and drafting loan documentation. To excel, you'll need at least a year of experience in preparing commercial loan documents, strong attention to detail, exceptional communication skills, and proficiency in PC software. Familiarity with collateral and entity due diligence related to commercial loans is preferred.

Compensation
Not specified

Currency: Not specified

City
Columbus
Country
United States

Full Job Description

Location: Columbus, OH, United States

Are you a detailed oriented individual that is interested in commercial loans and other specialized products who would serve as a primary liaison between the Business Relationship Manager and the Credit Coordinator with respect to collateral, entity and other commercial due diligence?

 As a Loan Origination Specialist in Business Banking, you will be responsible for the review of approvals, documentation and the due diligence to ensure Small Business loans are closed in accordance with the approval as well as documentation preparation to avoid any risk to the client or the bank.

Job Responsibilities: 

  • Reviews commercial credit application packages for adherence to credit policy and determination of appropriate due diligence necessary to ensure proper collateral position
  • Reviews the following:  business entity and organizational documents to include trust agreements, good standing of business entities, and UCC searches, as required
  • Coordinates obtaining or ordering and reviews: equipment valuations, as well as other reports and information
  • Evaluates all reports and information received with respect to collateral evaluation & verification to determine if terms and conditions of the credit approval will be met.
  • Prepares the loan documentation and compliance documentation necessary to protect the bank's interest, as necessary

     

Required Qualifications, Capabilities, and Skills:

  • 1+ years of experience preparing commercial loan, SBA, or mortgage loan documents required 
  • Excellent attention to detail, communication skills and PC skills
  • Able to communicate well and work independently in a high volume, production-oriented environment.
  • College degree, paralegal, or equivalent work experience

 

Preferred Qualifications, Capabilities, and Skills:

  • Experience with collateral and entity due diligence related to commercial loans is preferred 
Interested in commercial loans and other specialized products to help serve our clients? Apply now!

Loan Origination Specialist III

Compensation

Not specified

City: Columbus

Country: United States

J.P. Morgan logo
Bulge Bracket Investment Banks

3 days ago

No clicks

at J.P. Morgan

ExperiencedNo visa sponsorship

**Loan Origination Specialist III - Columbus, OH** As a Loan Origination Specialist III, you'll serve as the bridge between business managers and credit coordinators, focusing on commercial loans and specialized products. Key responsibilities include reviewing credit applications, performing due diligence on collateral and entities, coordinating reports, and drafting loan documentation. To excel, you'll need at least a year of experience in preparing commercial loan documents, strong attention to detail, exceptional communication skills, and proficiency in PC software. Familiarity with collateral and entity due diligence related to commercial loans is preferred.

Full Job Description

Location: Columbus, OH, United States

Are you a detailed oriented individual that is interested in commercial loans and other specialized products who would serve as a primary liaison between the Business Relationship Manager and the Credit Coordinator with respect to collateral, entity and other commercial due diligence?

 As a Loan Origination Specialist in Business Banking, you will be responsible for the review of approvals, documentation and the due diligence to ensure Small Business loans are closed in accordance with the approval as well as documentation preparation to avoid any risk to the client or the bank.

Job Responsibilities: 

  • Reviews commercial credit application packages for adherence to credit policy and determination of appropriate due diligence necessary to ensure proper collateral position
  • Reviews the following:  business entity and organizational documents to include trust agreements, good standing of business entities, and UCC searches, as required
  • Coordinates obtaining or ordering and reviews: equipment valuations, as well as other reports and information
  • Evaluates all reports and information received with respect to collateral evaluation & verification to determine if terms and conditions of the credit approval will be met.
  • Prepares the loan documentation and compliance documentation necessary to protect the bank's interest, as necessary

     

Required Qualifications, Capabilities, and Skills:

  • 1+ years of experience preparing commercial loan, SBA, or mortgage loan documents required 
  • Excellent attention to detail, communication skills and PC skills
  • Able to communicate well and work independently in a high volume, production-oriented environment.
  • College degree, paralegal, or equivalent work experience

 

Preferred Qualifications, Capabilities, and Skills:

  • Experience with collateral and entity due diligence related to commercial loans is preferred 
Interested in commercial loans and other specialized products to help serve our clients? Apply now!