Commercial Lending Assistant I

Enterprise Bank • Lowell, MA

426d • Hybrid

About The Position

The Commercial Lending Assistant I at Enterprise Bank plays a crucial role in supporting the Commercial Lending Officers by providing administrative and lending support. This position is designed for individuals who are detail-oriented and capable of managing various tasks related to loan processing and customer service, ensuring compliance with federal and state regulations while enhancing the customer experience.

Requirements

• Associates degree in Business Administration.
• One to three years of related experience, or an equivalent combination of education and experience.

Nice To Haves

• Team player who works well in a group setting.
• Detail-oriented with the ability to manage tasks effectively.

Responsibilities

• Provide administrative support to a team of Commercial Lending Officers, including telephone coverage and scheduling appointments.
• Coordinate and prepare customer mailings and ensure loan files have the appropriate documentation.
• Exceed customer expectations by resolving problems in collaboration with Commercial Lending Officers.
• Pull various reports related to loans and customer accounts, such as Note Ticklers and Past Due Loans.
• Run credit reports on loan applicants and assist in processing loan documentation.
• Prepare loan write-ups, commitment term sheets, and other necessary correspondence.
• Assist in collecting missing documentation and financial updates from customers.
• Process account transfers, loan advances, and ensure UCCs are filed after loans are closed.

Benefits

• Generous paid time-off programs.
• Exceptional Tuition Assistance and College Loan Repayment.
• Wellness programs and Employee Resource Groups.
• Opportunities to assist in the community.
• Health, dental, and life insurance coverage.
• Generous 401(k) match.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Associate degree