Commercial Lending Assistant

Bank of UtahBountiful, UT
Onsite

About The Position

The Commercial Lending Assistant provides support for a variety of Commercial, Construction, and SBA Loan functions at Bank of Utah. This role is crucial in ensuring the smooth operation of loan processing and maintenance.

Requirements

  • High School Education
  • Must have good skills with Microsoft Word and Excel

Nice To Haves

  • Some experience in Commercial Loans preferred

Responsibilities

  • Pull: Good Standings, OFAC, UCC Search, Flood Search
  • If collateral is property, verify property taxes are current
  • Order Title Policy
  • Create workflow for proposed loan into SageWorks
  • Image/upload all required documents into SageWorks
  • Review with the loan officer all loan documents received from Credit Admin for accuracy
  • Review the signed loan documents for all required signatures
  • Image/upload all signed loan documents into SageWorks
  • Prepare title closing letter of instructions
  • Follow up on any compliance issues
  • Process paid outs / release collateral
  • Clear up ticker exceptions
  • Process any invoices that need to be paid
  • Follow up on incomplete files
  • Maintain paper loan files
  • Disburse loans or make transfers when applicable
  • Maintain original Notes & Collateral
  • When applicable, process payments / loan payoffs
  • Attendance is an essential function of the job.
  • Other duties as assigned.

Benefits

  • Great work-life balance, with a Monday-Friday schedule
  • Competitive pay and benefits, including medical, dental and vision plans
  • 401(k) plan and match up to 5 percent in our employee stock ownership program (eligibility requirements must be met)
  • 12 paid bank holidays + paid time off, including paid parental leave
  • Volunteer opportunities to make a difference in the communities where you work and live
  • Awards and recognition to celebrate you and your colleagues for living the bank's values
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