Diane Daugherty

Commercial Loan - Post Closing review: Review loan approvals, determining required documents for pledged collateral and confirming all closing conditions have been met. Verify all loan documents are accurately signed and executed. Verify all business organization documents and borrowing resolutions are received from all borrowers, guarantors and grantors. General knowledge on commercial collateral such as real estate, all business assets, bonds, titled collateral, and other pertinent collateral. Review attorney prepared loan packets including those for participation and syndication loans. Communicate with other lines of business when documents are missing and/or adding the needed exceptions. Review UCC filings to verify lien position and review pre and post closing searches. Review Insurance requirements and enter new policy information and verify current policies are accurate. Add exceptions if the Insurance requirements have not been met.

Also on a monthly rotation for the following responsibilities;

Collateral Build: Review Approvals as they come through the Capital Stream Workflow to add all collateral to be tied to the loan under the granting entity. Process the collateral builds in a timely manner to allow the Commercial Loan Coordinators to complete due diligence for documentation to be prepared.

Maintain Loan Servicing and Loans Exceptions group email boxes: Review and process all emailed requests for Loan Servicing, including updating any changes to current loan requests, answer various questions pertaining to new and current commercial loans and make changes if necessary. Provide instruction for navigating some of the Transactions in Capital Stream when issues arise. Placing and removing holds on deposit accounts that are pledged as collateral or maintained for Interest Reserve. Access SyndTrak and DebtX emails for Participated and Syndicated loan documents to be imaged and added to the loan file. Monitor the Exceptions email box and verify that the exception documentation provided is accurate prior to clearing exception. Forward the documents provided to Imaging.

Original Loan Documents: Review original loan documents when received for all proper signatures and recorded documents and check for any exceptions that can be cleared. Verify Customer information and loan number for imaging and final physical loan file.

Worked within the Loan Administration Middle Office team

to provide loan preparation and assistance for commercial, and real estate loans. Interact with internal partners to ensure all loans provided to them have correct information and are in compliance with UMB loan regulatory guidelines. Obtain specific information required to complete newly Approved or Modified loan requests. Maintain a close relationship with the Loan Officer and their support staff to obtain all Customer information, including business organizational documents and verify that the business is in Good Standing with the State. Order Title work for Real Estate Loans and coordinate with the Title Company to obtain all necessary documentation. Work closely with the Appraisal and Legal team for necessary documentation for Real Estate Loans. Maintain specific spreadsheets for closely monitored assets, including Equipment, Titled Vehicles and more. Thoroughly review all Collateral assigned for proper lien perfection, including Life Insurance Policies, Investment Account statements, UCC's, Appraisals, Environmental Reports, Title Commitments/Policies and Flood Certificates. Once due diligence is complete work with the Loan Documentation department. When loan documents are available thoroughly review for accuracy prior to sending to the Loan Officer. When the executed loan documents are returned review for all proper signatures and send on for booking. Work with the File Servicing Department to clear any exceptions such as recorded documents and final title policies.

Worked with Commercial Lenders and Customers, and Commercial Loan Underwriting. Obtained all pertinent information for monitoring the credit process, including assessing clients financial status, evaluate creditworthiness, gather financial data and documentation. Ordered Title Commitments/Policies, Appraisals, Environmental Reports, Flood Certificates, UCC Searches and other collateral perfection documents. Obtained final Loan Documents, reviewed and closed loans with customer.

• Maintained up-to-date knowledge of industry trends, regulations, and best practices for optimal performance as an Appraisal Coordinator.
• Collaborated with team members to identify areas for improvement within the appraisal process, leading to streamlined workflows and increased productivity.
• Facilitated smooth operations by managing schedules, coordinating appointments, and confirming property access for appraisers.

Worked with Commercial Lenders and Customers and Loan Underwriting. Obtained all pertinent information for monitoring the credit process, including assessing clients financial status, evaluate credit worthiness, gather financial data and documentation. Ordered Title Commitments/Policies, Appraisals, Environmental Reports, Flood Certificates,, UCC Searches and other collateral perfection documents. Obtained final Loan Documents, reviewed and closed loans with Customers.