Additional Information
Position Summary:
The Commercial Loan Operations Specialist supports the commercial lending portfolio by performing loan servicing, documentation preparation, documentation validation, collateral management, and compliance‑driven operational tasks. This role ensures accurate preparation of loan documentation and boarding, maintains financial and collateral tickler workflows, administers insurance and tax escrows, and processes complex servicing transactions. The Specialist provides critical support to Loan Officers, Portfolio Managers, and auditors, helping ensure regulatory readiness, data integrity, and consistent, high‑quality service throughout the commercial loan lifecycle.
Essential Duties and Responsibilities:
1) Maintains current knowledge of policies, procedures, and regulations; stays updated on TDECU documentation and product requirements.
2) Oversees the commercial credit and collateral tickler management program by maintaining a systematic tracking process, issuing timely borrower notifications, validating all incoming documentation, ensuring all financial reporting, performance metrics, and borrower obligations are received, validated, and escalated when deficiencies or risks are identified.
3) Partners closely with Commercial Loan Officers and Lending Assistants to execute and monitor complex loan structures and ensure loan covenant requirements are processed and monitored appropriately.
4) Prepares, audits, and finalizes loan closing packages by interpreting approved credit memos and commitment letters, coordinating with stakeholders, and ensuring precise loan setup while booking loans in the Core system.
5) Prepares commercial loan documentation using designated documentation systems by accurately inputting approved credit terms, verifying compliance with internal policies and regulatory requirements, and ensuring all documents are complete, consistent, and ready for execution within required timelines.
6) Performs comprehensive document review of closed and booked commercial loans, reconciling loan system data against executed loan documents, credit approvals, and underwriting conditions to ensure complete accuracy and regulatory compliance.
7) Executes loan servicing transactions, including multi-advance structures, principal curtailments, renewals, modifications, and extensions, ensuring all related documentation approvals, and system changes are processed accurately and timely.
8) Prepares funding and wire instructions with meticulous attention to risk controls, ensuring proceeds are released only when all compliance conditions are fully satisfied and properly documented.
9) Manages borrower escrow compliance with property taxes and insurance, initiating borrower communication on deficiencies, conducting escrow analyses, and managing timely and accurate establishment, reconciliation, refunds, and disbursement of escrow accounts.
10) Ensures collateral perfection and releases are executed without error, including closely monitoring the lien filings at origination, validating the accuracy of UCCs and real estate recordings, and preparing and processing releases at payoff to minimize liability and maintain regulatory compliance.
11) Prepares and reviews weekly delinquency and loans maturing reports, communicating with loan officers, and portfolio managers concerning findings.
12) Processes member transactions and service requests such as payments, payment corrections, account maintenance, statement research, and issue resolution.
13) Assists Commercial Operations Management in gathering requested information to prepare for internal and external regulatory exams.
Tdecu · Post Oak Corporate Office