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Magnit Direct Sourcing on behalf of Toyota is currently looking for a Commercial Analyst for a temporary assignment hybrid in Plano, TX.



This position is a 6-month assignment, with potential to extend, with a pay range of $55-60/Hr. Hours include some weekend hours when needed. Benefits: Medical, Dental, Vision, 401K.



Responsibilities

This position is responsible for executing all operational aspects of the commercial loan documentation, funding and boarding processes for all commercial products including permanent real estate loans, construction loans, working capital loans, revolving lines of credit and additional commercial lending products as required.


 

• Responsibilities may include coordination of loan documentation preparation, boarding loans and data entry into loan systems.  Additional responsibilities include Insurance verification and coordination of borrower, borrower’s counsel, TFSB counsel, Commercial Loan Officers, and TFSB Operations to execute closing and funding of loans and updating Risk Ratings as well as FRB flags in the loan system.
• This position is also responsible for carrying out responsibilities of the construction desk including reviewing work conducted by third-party construction monitors, contractors and title agents, monitoring and reporting on service levels and executing the balancing/draw/disbursement process associated with construction loans and revolving lines of credit.
   

Required Skills/Abilities


 

• Detail oriented
• Commercial Lending experience - Captive Finance lending
• Experience with commercial real estate or construction loans.
• Ability to multi-task in a fast-paced environment
• Ability to communicate with various stakeholders (Legal, Compliance, Risk, Treasury, Finance and etc.)
• 3- 7+ Years of Experience
   

Preferred Skills/Abilities


 

• Experience reviewing commercial insurance policies.
• Systems experience with Fiserv premier experience and/or Wholesale Intelligence.
   

Education And Experience


 

• Bachelor’s Degree
   

Physical Requirements
 

• Prolonged periods sitting at a desk and working on a computer
   

Talented, dedicated people are an integral part of our mission to build the best workforce, working together to create the future of mobility and make the world a better place. We are always on the lookout for diverse, driven, and collaborative talent interested in performing contract work for Toyota.



Click here to join our talent network and be the first in line when a new contingent job opportunity opens at Toyota through Magnit Direct Sourcing.



Magnit is an equal opportunity employer, and all applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or protected veteran status. 

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