North Dakota Bankers
Extraordinary Leadership for North Dakota Banks

Lending Specialist

Alerus is currently seeking a Lending Specialist in our Grand Forks, ND office.
 
This position is responsible for fulfillment of lending transactions upon approval.  Incumbent will develop complete loan packages to document credit transactions according to approval conditions, perform due diligence needed to insure proper borrowing entity and authorization, as well as insuring collateral adequacy and lien position.  The position will serve as a subject matter expert for loan documentation.  It will be expected that the incumbent will maintain a customer focus and will partner with underwriting, relationship management and loan operations to deliver a superior customer experience.   
 
Responsibilities:
  • Coordinate loan closing date with advisor/guide and underwriter.
  • Reviews loan approvals for approval conditions.
  • Determine required loan documentation to complete the transaction according to approval terms.
  • Complete loan worksheet and order appropriate loan documents for each transaction.
  • Preparation of draft loan agreements or order from legal counsel when needed.
  • Order title insurance, environment reports and other necessary reports to insure our lien position and quality of collateral.
  • Responsible for obtaining due diligence reports including Certificates of Good Standing, KYC, corporate borrowing resolutions and other documents needed to verify corporate standing and proper borrowing authorizations.
  • Analyze reports and provide opinion as to results and impact to lien position.
  • Complete post-closing file reviews to insure all documents are properly stored in Nautilus. Follow up and take corrective actions, as necessary.
  • Assist underwriters and advisors/guides with identifying and resolving closing documentation errors.
 
Qualifications:
  • Bachelor’s degree in business related field or equivalent experience.
  • 5+ years of loan documentation and credit administration experience.
 
Alerus offers a challenging and rewarding work environment as well as a competitive compensation and a comprehensive benefits package which includes health, dental, vision, paid time off & holidays, retirement benefits, and more!

For more information regarding the responsibilities and qualifications for this opportunity or to apply online, visit our website: https://www.alerus.com/about-us/careers/employment/. We look forward to reviewing your application and thank you for your interest in Alerus Financial!

Alerus Financial is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.
 
 
 
 

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