MDMS Recruiting LLC logo

Sr. Lending Specialist

MDMS Recruiting LLC
  • Chicago, IL
  • $40–$45 Per Hour
  • Contractor
  • Instant Apply
1 day ago
MDMS Recruiting LLC

Job Description

Senior Lending Specialist
Location: Chicago, IL

Duration: 6 Months (Contract to hire)

Required Experience:

 5-7 years Lending Assistant or Loan Processor experience.
 

Preferred Experience:

Knowledge of Commercial Real Estate and C&I loan documentation
 

Job Responsibilities

Responsibilities include:

Act as the liaison and primary point of contact with internal and external customers/stakeholders from approval to deal closing, as well as being point of contact for questions, requests, and inquiries during life of loan monitoring/servicing.
Manage deal flow pipeline with Relationship Managers and leading the interaction with internal downstream stakeholders to ensure timely closings.
Coordinate and review closing documentation (with counsel or internal doc prep) and information with relevant stakeholders for due diligence, application processing, insurance, operational feasibility, optimal execution mechanics, and regulatory requirements.
Assist with the execution and process flow of the transaction, including escalation of issues and designing solutions that ensure risks are covered through adequate controls and protections. Order necessary documents to complete the file and prepare supplemental documents when necessary.
Partner with relevant operations teams (closing and servicing departments) to ensure proper booking, accrual reconciliations, and daily cash positions.
Ensure initial loan funding (if there is a draw at close) and ongoing life of loan activity (payments, draws, payoffs, etc.) are properly processed and booked with downstream stakeholders.
Carefully review loan documents for closing to ensure accuracy; close loans when necessary.
Communicate with Lenders any issues that arise prior to closing.
 

Numbers & Facts

LocationChicago, IL
Job TypeContractor
Salary$40–$45 Per Hour
Year Founded2012
Websitehttps://www.mdmsrecruiting.com

Qualifications

Required Skills:

Excellent Interpersonal skills as well as verbal and written communication skills.
Confident in ability to enforce policies, procedures and processes when/if challenged.
Strong PC skills using Microsoft office applications as well as Bank's core system and nCino software.
Highly proficient in all areas of customer service, organizational skills, data input, time management and handling multiple tasks simultaneously within a high volume, strict deadline work environment.

Skills

  • LOAN PROCESSOR

Skills

  • Loan Processingunmatched
  • Loansunmatched

Be found by employers

5,500+ employers search our resume database daily. Add yours to get found by recruiters looking for candidates like you.

Level up your application

Professional resume templates

Browse dozens of recruiter approved resume templates, layouts and formats. Choose your favorite and make it your own in minutes.

Free resume templates

Resume Builder

Improve your existing resume or start from scratch and create a standout, ATS-friendly resume. Add job-specific content, download and apply.

Resume Builder