Loan Documentation Specialist - St Petersburg, FL

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice-building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth-with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you-working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients-that includes all our associates as well.

The Loan Documentation Specialist will use software and Word templates to prepare commercial loan documents that accurately represent the loan commitment and terms offered to the borrower. The incumbent will work from the credit memo, loan offering, commitment letter or approval memo to select document required. Depending upon the type of transaction, documents may include promissory notes, loan agreements, mortgages, guaranties, assignments, security agreements, UCC filings, modifications, amendments etc. Completed document package must be accurate, timely, enforceable and must conform to both Bank policies and regulatory requirements.

• Prepare loan documents upon receipt of request from the Lender, review loan approval and related supporting documents. Ensure that all required documents, including insurance information, are provided to properly evidence the loan and perfect the bank's security interest.
• Work with Bank's (Medici or LaserPro) software and other related programs to create documents; ensure the timely delivery of documents to lenders and others as directed.
• Follow-up with lenders, legal counsel and others for missing items needed to create accurate loan documents.
• Perform post-closing follow-up with lenders, legal counsel and others for document exceptions and trailing documents.
• Respond to questions concerning loan documentation from legal counsel, lenders and other staff members. Resolve differences and provide direction to others to facilitate the documentation process.
• Review Line of Credit Renewals; review credit memos, offerings and commitment letters for accuracy and
  conformity to existing loan documentation.
• Update Bank's (Banker Hill), or equivalent, software with line renewal information.
• Responsible for producing and reviewing departmental reports submitted to lenders and senior management; provide information to examiners and answer any related questions.
• Record and track fees; create fee sheet to include with loan packages sent to lenders for closing.
• Provide support to peers in all facets of the department to perform routine tasks required to run the department and carry out daily various functions.
• Review all work assignments for accuracy and completeness, answer questions and provide guidance.
• Provide back-up to Title Reviewers by: performing post-closing review of documents for propriety and completeness, following-up with lenders and legal counsel for missing documents, ensuring timely delivery of loans to Note Department for booking purposes and reviewing associated reports for exceptions and missing documents.
• Participate in cross training throughout
  Commercial Loan Servicing to be able to provide support and assist in special projects.

We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.