Loan Documentation Analyst
Job ID: Job-1210
location: Jersey City, NJ
Jobtype: Permanent
Rate: $50K - $55K +bonus
Description: To assist Front Office Depts. with Loan documentation requirements: assess loan documents for closing requirements, monitor receipt of deal documents, ensure safekeeping.
1. Documentation Assembly: a) review loan agreement conditions related to documents expected at closing and assist with composition of New deal document control sheets outlining major documents; b) handle circulation of documents control sheets to Front Office personnel; c) assist with review of final closing sets received for safekeeping comparing against expected documents.
2. Assist in follow-up of expected documents: a) monitor receipt of closing sets, review and track documents not included; b) follow-up on expired UCC's, insurance certificates, and tax forms; c) monitor and follow-up on amendments, assignments, participations, and other LIQ events as well as Planning Dept. legal opinion as needed
3. Assist in review and download of postings to mailbox related to documentation and legal review; inspect documents to ensure adequate sequence followed (i.e., amendments);
4. Maintain and update monthly status reports on tracking efforts, new deals, closing sets.
5. Maintain legal files.
6. Assist on special projects.
EXPERIENCE: 2 - 4 years of relevant experience. Comprehensive experience and excellent knowledge of Corporate loan documentation; strong understanding of loan agreements and terminology; good communication skills-will interact with varying levels of staff, managers, auditors, external counsel, agent banks; well organized, detailed, ability to prioritize and multi-task; team player.
SKILLS: Lotus Notes, Loan IQ preferred but not required, MS Word, Excel, Access. Occasional overtime.
Email resume in Word to TheBigGameHunter@cisny.com. Please include the job code for the position with your resume.
NO RELOCATION. NO VISA TRANSFERS. NO OVERSEAS RESUMES. NO 3RD PARTIES.
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