Commercial Lending Specialist

Enterprise Bank•Plymouth, MA

10d

About The Position

This position will serve as a resource to the Commercial Lending Center. The Commercial Lending Specialist is responsible for assisting Commercial Lenders with general administrative duties, credit-related activities and special assignments; orders loan documents; gathers credit information on current and potential borrowers; conducts account research; processes commercial loan payments or advances; assists Commercial Lenders in ensuring loan requests are complete; and promotes business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services. The Commercial Lending Specialist must communicate and provide information by relevant methods internally and externally to assist and enable organizational operations.

Requirements

3-5 years of Commercial Banking experience and knowledge of various commercial loan documentation
Proficiency with Microsoft Office, Excel and Power Point
Ability to create financial and statistical tools and reports using excel spreadsheets
Must be detailed-oriented individual with strong analytical and communication skills

Responsibilities

Act as a liaison between the Lending Center Manager, Commercial Loan Officers, attorneys, customers & other areas within the Bank.
Prepare documents for loan origination, renewals and closings, such as commitment letters, credit memo, and other required documents.
Order and track documents required to complete loan file including ordering floods; appraisals and ESA's when applicable.
Review documentation against commitment and the credit memo
Assist in coordination of information sent to Credit department for analysis and spreads
Assist customers on a daily basis with various types of banking questions
Learn and assist lending team with implementation of the new nCino commercial loan system
Prepare reports and manage various databases
Process and track all income and expenses information and review monthly finance reports for accuracy
Complete monthly pipeline report and goals reports
Manage, organize, and update relevant data using database applications
Obtain and review documentation deficiency report and endeavor to cure deficiencies as needed
Management of overdraft report
Interpret financial statistics and other data in order to produce relevant reports.
Understand the relevance of key ratios, covenants and documentation exceptions
Assist in ensuring lender compliance with federal laws applicable to Rockland Trust's lending function.