1 jobs found in Effingham, IL

JOB TITLE: LENDING ASSOCIATE II DEPARTMENT: RISK MANAGEMENT REPORTS TO: LOAN OPERATIONS OFFICER FLSA STATUS: NON-EXEMPT TYPE OF POSITION: FULL TIME JOB SUMMARY As a Lending Associate II, this person will be responsible for understanding loan documentation that creates a legal and binding repayment requirement for the customer, as well as a legal and binding attachment of collateral. In addition to, this person will be responsible for understanding different entity types and the entity documents. DUTIES AND RESPONSIBILITIES (Other duties may be assigned.) 1. Prepare loan documents from Loan Documentation Request Forms including the following: verify loan terms to the approved presentation, incorporate all loan covenants, and verify any “prior to close” criteria. 2. Have a basic understanding of entity documents to determine client signing authority including a knowledge of entity types (such as LLC, C-corp, S-corp) and organizational...