Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity.
Summary:
The Post Closing Generalist ensures accurate and timely operations of the commercial and home equity loan process to include but not limited to: booking loans on loan system, imaging loan documents, verifying and auditing loan input, following up for loan documentation files (credit/collateral), maintaining document tracking exceptions, completing and reviewing daily reports and balancing performing loan research and resolving problems, and processing loan payoffs. The Post Closing Generalist also will be available to back the credit union consume vehicle title division and the consumer lending quality control team as needed.
What you will do:
- Loan Funding:
- Review of both commercial and home equity loan documentation for accuracy and completeness prior to funding.
- Book new loans, renewals, modifications, and letters of credit.
- Perfect Collateral and file applicable liens. Release liens as required.
- Post-closing loan review and audit.
- Ensure all systems are updated with final loan documents and collateral perfection documentation.
- Complies with all regulatory requirements for commercial and real estate lending which would include SBA, HMDA, etc
- Construction Loan Monitoring:
- Ensure all required documentation is collected prior to funds disbursements.
- Process draws requested upon approval and maintain accurate monitoring of project funds.
- Title Support:
- Assist in lien placement as needed, adhering to timelines determined per policy.
- Process vehicle lien releases and update tracking logs as needed. Consumer
- Consumer Loan Quality Control Support:
- Assist as needed to audit consumer loans funded within the designated time frame.
- Ensure accuracy of data and compliance with Telhio policies and procedures with loans funded.
- Operation and Audit Functions:
- Responsible for ensuring all SBA documents are retained upon loan closing and SBA information is loaded to the core data system accurately.
- Ongoing monitoring of lien perfection, performing necessary loan maintenance, regulatory monitoring of loans, working with management during institutional audits. Responsible for processing any lien cancellations or releases on commercial loans.
- Setup automatic payments for loans, work with staff on any member issues with loan balances, funding, calculations, or payments. Perform loan maintenance as needed.
- Responsible for ongoing loan maintenance, processing loan paydowns/payoffs, and other operational needs to assist in tracking and maintaining the commercial loan portfolio.
- Accountability:
- Maintain and store all transaction information, documentation, approvals, appraisals, and any associated record for a loan in the designated files and systems. Ensures all items are filed with centralized documentation system (Sageworks) and in files.
- Ensures all loans are audit-ready by gathering, preparing, and indexing all post-closing documentation received for record retention. This includes hard-copy files, electronic files, and all systems of record.
What you will need:
- High School Diploma Required
- Bachelor's Degree Preferred
- 1 - 3 years consumer or Commercial Loan Processing or Post Closing or similar role Required
- Experience in banking, finance or lending Preferred
- Knowledge in: SBA Standard Operations Procedures, SBA Loan Policy and Products and Process Procedures
- Skills and Abilities: Attention to detail, Strong math and analytical skills, Good decision making skills, Ability to read and understand bank, financial statement and tax return documents, Effective communication skills (oral and written), Experience with Moody's or D & H financial spreading products. Sageworks / Abrigo Commercial Loan System, Experience with Meridian Link LOS, LaserPro, Fiserv DNA or other similar banking systems, and Strong PC and Microsoft skills
What you will earn:
- Competitive pay
- Benefits: several medical plan options, dental, free vision, free life and free disability insurance
- Additional financial incentive programs for employees enrolled in our insurance
- 6% matching and immediately vested 401(k) plan
- Generous schedule for paid holidays and personal time for a healthy work-life balance
- Opportunity for personal career growth, continued education and mentorship programs
- Volunteer opportunities impacting the local community
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, you will need to have good manual dexterity as well as speaking and hearing ability. This position requires sitting; some reaching; standing; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds. It is expected that the employee will read, compile, compute and record numerical and statistical data. Must drive occasionally.
This is a Non-Collective Bargaining Unit.
Telhio is an Equal Opportunity Employer.
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Telhio Credit Union
paid holidays, 401(k)
Feb 14, 2025 