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Loan (Legal) Analyst

Collabera • Needham, Massachusetts, United States • 11h ago

Note:

The position is Onsite (No Work from Home).

Position Details:

Position: Loan (Legal) Analyst
Job duration: 04 months of contract | (Based upon performance, could be possibility of extension or hire)
Location: Waltham, MA USA 02451 (Onsite)
Work Schedule: Monday - Friday (8:00AM - 5:00 PM)

Roles and Responsibility:

Responsible for loan fulfillment, reviewing documentation,, performing due diligence, working with credit partners on closing loans.
Previous loan documentation experience and understanding of financial covenant principals is desired. Working knowledge of HotDocs is beneficial.
Support Business Banking Front Line Units with getting their client’s loan closed accurately and on time.
Serve as the loan fulfillment “closer” by ensuring all due diligence is accurate and complete prior to booking and funding loan (insurance, appraisal, title work, Good Standing, UCC, and CRA requirements) loan
Prepare legal loan documentation using bank templates and documentation tools.
Work closely with commercial underwriting, bank Legal and Risk partners to vet out special loan closing conditions.
Review large commercial loan documentation from outside counsel to ensure that it complies with bank standards prior to booking and funding loan
Work well and collaborate in a team office setting.

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