Commercial Loan Operations Team Lead

"Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a career, not just a job!"

Grade 8

About Republic Bank

Republic Bank's values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates. It's one of the reasons we've been named as one of the Best Places to Work in Kentucky for the last seven years! For more information about the company, please visit www.republicbank.com.

POSITION PURPOSE AND OBJECTIVES:
The Commercial Loan Operations Team Lead is responsible for overseeing the commercial loan documentation daily workflow for all commercial lending, creation, coordination, compliance, and review of commercial loan documents to the Bank's policies and procedures. This position will also be responsible for reviewing all closing packages to determine if all necessary documentation has been completed as well as making sure all approval terms have been accurately included in the loan documents. Additionally, this position will be responsible for training all new associates within the department to ensure all specialists have been trained on day-to-day tasks. Including the processing of Complex commercial transactions that will include review and negotiation of attorney prepared loan documents as well as coordination of closings with Bank approved closing attorneys.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

MINIMUM QUALIFICATIONS:
* Four years of commercial loan closing experience required.
* Three years of commercial loan documentation experience required.
* Previous supervisory experience preferred.
* Proficiency in Microsoft Office products and internet applications.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES:
* Setup and analyze all incoming loan files on the Bank's loan operating system for all due diligence items needed to accurately document the loan according to the Bank's guidelines and compliance standards.
* Coordinate internal activities with the lending team to work toward an anticipated closing date.
* Coordinate external activities with title companies, attorneys, surveyors, and other pertinent parties.
* Work with the lending team to ensure all necessary documentation is collected and stored on the Bank's loan operating system according to the Bank's guidelines and compliance standards.
* Make decisions involved in the negotiation of the loan documents within approval limits and escalate any language that requires additional approval.
* Review business & trust documentation to determine authorized signers and entity information.
* Complete daily workflow on files to ensure rescript of all necessary documentation by using the commercial loan operating system.
* Demonstrate understanding of all loan products, lending authority, and Bank Policy and procedures as they pertain to commercial lending.
* Determine and clear documentation exceptions and track for trailing items in the commercial loan operating system.
* Review loans for proper approval and processing completion; knowledge of proper commercial loan documentation necessary to protect the Bank.
* Ensure that all loans are being disbursed properly, meet compliance guidelines, and completed within department set SLA's.
* Deliver loan documentation to closing attorneys and loan officers in timely manner.
* Review all commercial loan packages for proper documentation, determine if all commercial loan closing documents were returned and comply with all Quality Review requirements.
* Responsible for overseeing the daily workflow of assignments to the team to achieve desired outcomes.
* Responsible for aiding and training the team on specialized tasks.
* Review and verify all applicable loan documentation to ensure quality standards are met in accordance with department guidelines.
* Serve as back up to the Manager as needed.
* Prepares all documentation for extensions, modifications, and new commercial loans as needed.
* Oversee the post-closing functions.
* Responsible for the general ledger accounts tasked to our area including but not limited to the Lereta (Tax Service) system, including reviewing the bill for accuracy.
* Responsible for implementation of all procedures to ensure proper training of all associates.
* Serves as a department resource for continued education within the department.
* Responsible for department reporting, including research that may be needed and the review of ongoing reports.
* Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required
* Model and foster behaviors that support the Bank's values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
* Willingly performs all other duties and projects as assigned.

INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED:
* Excellent verbal and written communication skills for communication with branch personnel, loan officers, commercial lending staff, attorneys, etc.
* Self-motivated and work in a team environment
* High energy level and strong sense of urgency

PHYSICAL REQUIREMENTS:
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 10 pounds. Specific vision abilities required by this position include close vision, and distance vision. The noise level in the work environment is usually moderate.

OTHER REQUIREMENTS:
* Travel between Republic Banking facilities may be required.
* Occasional out-of-town travel may be required.
* Flexible work schedule that will include some evenings, weekends, and overtime work.
* Stay abreast of new developments, best practices, and statutory and regulatory changes.
* Regular and predictable physical presence at the worksite is an essential function of this position.

**The above is intended to describe the general content of and requirements for the performance of this position. It is not construed as an exhaustive statement of duties, responsibilities, or requirements.