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Job PostingWhat The Role IsThe position is a key component to the Business Banking model and will provide subject matter expertise for business purpose loans while serving as liaison between Relationship Managers and all back-office functions. This position, in some instances, will also interact with external clients, legal contacts, client’s financial representatives and appraisers. The Business Loan Coordinator is responsible for all commercial loan boarding into the Platform Origination System as well as various compliance-related facets of the commercial loan process including aspects of underwriting, insurance (Flood/Hazard), Regulation B, HMDA, CRA and loan documentation. The Business Loan Coordinator will coordinate processes and documentation pertinent to the relationship ensuring compliance with regulatory and bank policies.
How You Will Make An Impact
Communicate at an advanced level to develop strong relationships with Relationship Managers and front-office lending staff.
Use advanced knowledge of the Platform Origination System to board all commercial loans onto the system.
Become a subject matter expert on the various backoff processes such as underwriting, insurance, and pre-closing review.
Coordinate many aspects of the commercial loan process from application to closing to ease training requirements for front-office lending staff.
Understand and be able to ensure compliance with regulatory requirements such as HMDA, CRA, and Regulation B for every transaction.
Correct mistakes on the front end to reduce the number of exceptions cited post-closing.
Submit documentation for imaging and lien perfection.
Experience in reviewing attorney prepared loan documents and/or prior legal experience related to loan documentation or closings.
Who You Are
Stable job history
Exceptional communication skills, both written and verbal
Exceptional organizational and interpersonal skills
Ability to read and comprehend documents
Ability to calculate basic financial figures and amounts
Advanced computer skills and knowledge of word processing, spreadsheet, internet, e-mail, database, presentation, and project software (Microsoft Office)
Professional appearance and demeanor
Ability to complete detailed work
Ability to enter data correctly using keyboard, typewriter and calculator
Ability to operate general office equipment
Ability to define problems, collect data, establish facts, and draw valid conclusions
Education
High school diploma or equivalent
Bachelor’s degree (B.A.); or 1 - 2 years related experience and/or training
Characteristics
Regular and reliable attendance
Works cooperatively with others
Results oriented and detail driven
QualificationsEducation
RequiredHigh School or better
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Continued to maintain strong balance sheet liquidity, with a loan-to-deposit ratio of 84.4% at December 31, 2023. Capital increased notably in the quarter with the Common Equity Tier 1 ratio improving 130 basis points to 11.6%, and the Total Capital ratio improving 140 basis points to 14.3%.
News. TUPELO, Miss. and HOUSTON, Oct. 29, 2021 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced the successful closing of its previously announced merger in which legacy Cadence Bancorporation merged into BancorpSouth Bank, with BancorpSouth as the surviving company.
A pair of brothers who helped create Cadence Bank's wealth-management division denied a lawsuit's claims they stole trade secrets and violated their noncompete agreements when they abruptly quit last year to form a rival firm.
The merger was completed on January 1, 2020. In April 2021, BancorpSouth Bank entered into a merger agreement with Cadence Bancorporation, with the merged entity using the Cadence Bank name. The merger was completed on October 29, 2021.
Cadence Bank takes the security of your debit and credit card transactions seriously. We're dedicated to safeguarding your cards from unauthorized access, 24/7.
Cadence Bank was founded as the First National Bank of Aberdeen, on April 30, 1887. In 1972, it changed its name to the First National Bank of Monroe County in 1972. In March 1974, it merged with Peoples Bank in Starkville, Mississippi, becoming the National Bank of Mississippi in May of that year.
The Federal Deposit Insurance Corporation (FDIC) awarded Cadence Bank with an outstanding overall rating in the Investment and Service categories and a High Satisfactory rating in Lending.
Cadence Bank is a regional banking franchise operating 415 branches across the South and in Texas. With over $48.5 billion in assets as of Dec. 31, 2023, it's ranked within the top 50 largest banks in the U.S., according to the Federal Reserve.
Cadence Bank (MS) is headquartered in TUPELO and is the largest bank in the state of Mississippi. It is also the 48th largest bank in the nation. It was established in 1876 and as of December of 2023, it had grown to 5,333 employees at 378 locations. Cadence Bank (MS) has a B+ health rating.
Introduction: My name is Dan Stracke, I am a homely, gleaming, glamorous, inquisitive, homely, gorgeous, light person who loves writing and wants to share my knowledge and understanding with you.
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