Sunrise Banks
Business Banking Associate - Commercial Loans (Washington branch)
Sunrise Banks, Minneapolis, Minnesota, United States, 55400
Business Banking Associate – Commercial Loans
Join Sunrise Banks as a Business Banking Associate in the Washington branch, supporting the Commercial Lending and Portfolio Management team.
About Sunrise Banks We are committed to a culture of trust and transparency that welcomes all.
Position Summary The role involves maintaining client relationships, collecting financial data, conducting monetary transactions, providing customer service, and managing loan and credit file documentation.
Essential Functions
Areas of concentration include commercial term loans and lines of credit; consisting of Commercial & Industrial (C&I), Commercial Real Estate (CRE), 1-4 Family, Multi-Family, Leases, and Small Business Administration (SBA) Guaranteed Loans.
Maintains client relationships through:
Working with title companies, attorneys, and insurance companies to request documents for loan files, loan closings, settlement statements, recording of collateral, etc.
Performing all due diligence related to commercial loan closings: order/review title policies, lien searches, credit reports, OFAC, borrower organizational documents, COGS, flood zone determinations, order Appraisals/Environmental Phase I, Property Tax Escrow Calculations, trust documentation, HMDA, CIP, CRA.
Requesting appropriate loan documents & reviewing loan closing documents/packages to prepare for loan closings and working with Loan Operations to ensure proper booking of loan and processing of fees.
Ensuring that all Conditions to Close have been met prior to loan closing.
Serving as a contact and a conduit for commercial clients’ needs.
Communicating with clients to obtain required financial information & other information needed to conduct business and maintain the integrity of their commercial loan file.
Maintain the borrowers Document Library by coordinating the updating of ticklers & preparing the file for the imaging.
Assisting commercial lenders by scheduling & facilitating loan closings or other meetings with the borrower.
Report Management.
Clear post-closing findings discovered by the loan review team.
Adhering to all Bank regulatory requirements, policies & procedures, and Compliance guidelines.
Key Collaborators Sr. Business Banking Associate Manager, Director Credit Administration, REDD, Loan Operations, Commercial Sales Team, Portfolio Managers, Credit Analysts, Construction Department.
Competencies
Alignment with Sunrise Core Values
Adaptability
Communication
Compliance
Dependability & Flexibility
Initiative
Integrity
Judgement
Organizational Skills
Productivity & Pro-Active
Professionalism
Quality Service
Teamwork
Technical / PC Skills
Work Quality
Education & Experience
High school degree or GED required.
2 Year College degree in business related field preferred.
1-2 years BBA or similar experience required.
Experience in the financial industry preferred.
Superior skill set in the use of Microsoft Teams, Excel, Word, PowerPoint, Access, and Outlook.
A comprehensive skill set in Fiserv & Abrigo preferred.
Compensation and Benefits Annual salary: $43,353 – $61,933 – $80,513.
Benefits include Medical, Dental, Vision, Life, AD&D, STD, LTD, Pet insurance, FSA, PTO, PVTO, PPL and more.
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About Sunrise Banks We are committed to a culture of trust and transparency that welcomes all.
Position Summary The role involves maintaining client relationships, collecting financial data, conducting monetary transactions, providing customer service, and managing loan and credit file documentation.
Essential Functions
Areas of concentration include commercial term loans and lines of credit; consisting of Commercial & Industrial (C&I), Commercial Real Estate (CRE), 1-4 Family, Multi-Family, Leases, and Small Business Administration (SBA) Guaranteed Loans.
Maintains client relationships through:
Working with title companies, attorneys, and insurance companies to request documents for loan files, loan closings, settlement statements, recording of collateral, etc.
Performing all due diligence related to commercial loan closings: order/review title policies, lien searches, credit reports, OFAC, borrower organizational documents, COGS, flood zone determinations, order Appraisals/Environmental Phase I, Property Tax Escrow Calculations, trust documentation, HMDA, CIP, CRA.
Requesting appropriate loan documents & reviewing loan closing documents/packages to prepare for loan closings and working with Loan Operations to ensure proper booking of loan and processing of fees.
Ensuring that all Conditions to Close have been met prior to loan closing.
Serving as a contact and a conduit for commercial clients’ needs.
Communicating with clients to obtain required financial information & other information needed to conduct business and maintain the integrity of their commercial loan file.
Maintain the borrowers Document Library by coordinating the updating of ticklers & preparing the file for the imaging.
Assisting commercial lenders by scheduling & facilitating loan closings or other meetings with the borrower.
Report Management.
Clear post-closing findings discovered by the loan review team.
Adhering to all Bank regulatory requirements, policies & procedures, and Compliance guidelines.
Key Collaborators Sr. Business Banking Associate Manager, Director Credit Administration, REDD, Loan Operations, Commercial Sales Team, Portfolio Managers, Credit Analysts, Construction Department.
Competencies
Alignment with Sunrise Core Values
Adaptability
Communication
Compliance
Dependability & Flexibility
Initiative
Integrity
Judgement
Organizational Skills
Productivity & Pro-Active
Professionalism
Quality Service
Teamwork
Technical / PC Skills
Work Quality
Education & Experience
High school degree or GED required.
2 Year College degree in business related field preferred.
1-2 years BBA or similar experience required.
Experience in the financial industry preferred.
Superior skill set in the use of Microsoft Teams, Excel, Word, PowerPoint, Access, and Outlook.
A comprehensive skill set in Fiserv & Abrigo preferred.
Compensation and Benefits Annual salary: $43,353 – $61,933 – $80,513.
Benefits include Medical, Dental, Vision, Life, AD&D, STD, LTD, Pet insurance, FSA, PTO, PVTO, PPL and more.
#J-18808-Ljbffr