Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email macurecruiting@macu.com and every reasonable effort will be made to accommodate your needs in a timely manner.

Job Summary

Job Description

To be effective, an individual must be able to perform each job duty successfully.

•    Works with commercial loan officers, underwriters, borrowers, brokers, title companies, insurance agents, attorneys, and other third parties to coordinate, package, document and fund less complex structured CRE loans, which may include singular borrowers, minimal amount of guarantors, and smaller loan balances generally up to $5 million.
•    Has a general understanding of CRE loan documentation and operates in accordance with the policies, procedures, and guidelines of the company and business units.
•    Has a general understanding of business tax returns, personal tax returns, schedule K-1s, financial statements, and rent rolls.
•    Understands and demonstrates a high level of written communication relating to loan file documentation, memorandums, and all forms of written communication.
•    Reviews approved credit memos and loan files to prepare closing needs lists to satisfy all subject to requirements of the approval, properly documents the loan file, and ensures loans are closed/funded according to approval documents and MACU policy with moderate supervision.
•    Communicates with commercial title companies to clear exceptions and other collateral issues to ensure MACU has appropriate lien positions on all real estate collateral.
•    Prepares and files all UCC searches and filings to ensure MACU has appropriate lien positions on all UCC collateral.
•    Prepares all loan documents including trust deeds, notes, borrower certifications, beneficial ownership, borrower resolutions, and loan specific documentation.
•    Prepares memorandums, modifications, and administrative actions on any loans that may be assigned.
•    Processes and reviews IRS tax returns for accuracy.
•    Manages and prepares payoff quotes, reconveyances of trust deeds, partial releases and collateral releases during refinances on existing loans.
•    Ensures accurate records are maintained in loan files including lien perfections.
•    Ensures loan ticklers are properly documented and maintained.
•    Tracks and clears all post-closing documentation when applicable.
•    Responsible for reviewing, boarding, requesting wires, approving other closing specialist’s wires, and funding CRE loans.
•    Prepares assigned origination and closing related reports in a timely and efficient manner.
•    Reviews professional real estate appraisals to validate collateral accuracy and track income approach calculations.
•    Ensures regular communication through the origination process with loan officers, underwriters, management, and members.
•    Provides superior customer service both internally and externally with respect to commercial loans.
•    Is generally able to manage up to five loan files at a given time.
•    Works together with all teams to accomplish monthly, quarterly and annual goals.
•    Performs other duties as assigned.

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience
One year loan closing experience in a progressive financial setting, working in a commercial lending setting preferred.

Education
Equivalent to a two-year college degree or equivalent experience.

Managerial Responsibility
Has no supervisory/managerial responsibilities.

Computer/Office Equipment Skills
•    Intermediate skills with Microsoft Office Suite including Outlook, Word, and Excel.
•    Experience with loan origination systems preferred.
•    Experience with loan documentation software preferred.
•    Experience with Symitar preferred.

Language Skills
•    Good oral communication skills with demonstrated ability to present information in a manner appropriate for key stakeholders and all levels of the organization. 
•    Good writing and grammatical skills relating to preparing addendums, memorandums, and all forms of written communication.

Other Skills and Abilities
•    Unquestioned personal and professional integrity.
•    Ability to work both autonomously and collaboratively in a fast-paced environment.
•    Self-starter with good organization and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines.
•    Adaptive to change, responds positively to altered circumstances or conditions.
•    Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems etc.
•    Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.

PHYSICAL ABILITIES / WORKING CONDITIONS
 

Physical Demands
Ability to sit, talk and hear consistently
Ability to stand, walk, and use hands to handle or reach occasionally

Vision Requirements
Close vision (clear vision at 20 inches or less)
Distance vision (clear vision at 20 feet or more)

Weight Lifted or Force Exerted
Ability to lift up to 10 pounds occasionally

Environmental
There are no unusual environmental factors (such as a typical office)

Noise Environment
Moderate noise (business office with computers and printers, light traffic)
 
 

Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.