Commercial Loan Representative

The Mergis Group, a division of Spherion Corporation is assisting a client in identifying a Commercial Loan Associate.

Responsibilities:

• Prepare annual review by completing an accurate financial analysis presentation of existing credit borrowers for internal and external personnel.
• Annual review should include the following:  appropriate financial ratios and cash flows, collateral analysis and covenant monitoring.
• Manages and reports to supervisor the future maturity report to ensure credits are renewed in an acceptable timeframe.
• Call maturing loan credits to obtain documentation necessary to facilitate a review and recommendation of the credit for the on staff Credit Analyst.
• Obtain necessary background information and supporting documentation for identifying legitimacy of the business and the authorized signers including, but not limited to the following:  Certificate of Assumed Name, Articles of Incorporation, Articles of Organization, Certificate of Good Standing, Resolution, Annual Renewal with Secretary of State’s office, etc.
• Order necessary paperwork to process the credit file, including, but not limited to the following:  Appraisal, Environmental Report, Phase I and/or II Report, Title Commitment, Flood Certification, Uniform Commercial Code Search, Credit Reports (Corporate and Personal).
• Provide Environmental Questionnaire to loan applicant to complete
• Complete Appraisal Review Report when Appraisal Report arrives.
• Review Title Commitment for accuracy and additional requirements.
• Review Environmental Report, Phase I Report, and Phase II Report for accuracy and additional requirements.
• Call Title Company, Borrowers, and Lender to schedule closing date and time.

Qualifications:

• Associates degree or four years related commercial lending experience or equivalent
• Ability to read and interpret documents to include procedure and instructional manuals and documents.
• Ability to write routine reports and correspondence.
• Ability to speak effectively to groups of customers and employees.
• Ability to calculate figures and amounts and demonstrate understanding of the processes to include, but not be limited to: accurately add, subtract, multiply and divide all units of measure, to compute rates and percentages and to perform arithmetic operations involving monetary units with a calculator; discounts, interest, commissions, proportions, payments, percentages, area, circumference and volume.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form.
• Ability to deal with a problem involving several variables with minimal supervision.
• Demonstrate working knowledge of current word processing, spreadsheet, internet software to include but not limited to Microsoft Word, Excel, PowerPoint.

Please email resumes directly to kelliperfetti@mergisgroup.com