Iris Balurdi Email & Phone Number

Boston, Massachusetts

Somerville, Massachusetts

• Prepared commitment letters for Commercial Real Estate, Construction and C&I loans as needed following loan approval
• Kept loans moving forward with skilled administrative support and proactive handling of different communication or documentation issues.
• Ordered reports needed to establish credit & legal files, including individual and corporate credit reports, flood certs, Secretary of State database and UCC reports, environmental reports, appraisal reports, and OFAC
• Prepared loan documents, tracking and calculate closing fees and loan funding requirements
• Reviewed & executed legal documents for accuracy, prepare and monitor commercial loan documentation checklist, assisted with resolving items in the legal file documentation exception reports
• Worked with Loan Officers/Portfolio Managers with follow-up to obtain updated financial information

Peabody

• Performed various financial and administrative support such as process, record and monitor the Bank's commercial lending activity including preparation of loan documents and correspondence
• Tracked all commercial loan account activity, producing in-house and regulatory reports and maintaining related records; respond to inquiries from customers, attorneys, real estate appraisers and fellow employees.
• Delivered exceptional customer service to bolster strong relationships and build positive experiences.
• Smoothed loan closings by collecting necessary paperwork and clearances.

Boston, MA

• Prepared and obtained necessary loan documentation and controlled the disbursement of new loan proceeds for new CRE, C&I, and SBA loan requests, modifications, increases, renewals, and extensions, ensuring adherence to.
• Was a liaison between Loan Officers and Closing Attorneys, various vendors, and customers to aid in the closing process
• Monitored compliance with accounting and regulatory guidelines to ensure any issues were addressed and resolved
• Developed and maintained specialized knowledge of accounting loan systems, internal policies and procedures in all applicable regulatory guidelines to act as a resource to junior staff members and assist management.

Greater Boston Area

• Responsibility was to receive loan approval from the Loan Administration Manager and act as coordinator between Lender, Loan Administration Manager and third parties such as attorneys, appraisers and loan participants.
• Provided administrative support to Credit Loan Administration Manager and commercial lenders.
• Prepared loan documentation for loans not closed with an attorney using bank’s loan documentation EzLender software. Assured accuracy of documents based on type of loan. Worked with attorneys and other financial and/or.
• Provided customer service, administrative support and inter/intra office communication support for the department.
• Reviewed and monitored loan documents for accuracy, completeness and adherence to approval conditions.
• Ordered flood insurance certifications and Credit Bureau reports.