COMMERCIAL LOAN ADMIN ASSIST - LOAN PROCESSING

Southern Michigan Bank & Trust•Portage, MI

3d•Onsite

About The Position

This position is responsible for overseeing the preparation and execution of commercial loan packages and maintaining all necessary loan documentation. Will assist one or more commercial loan officers, handling loans that are confidential and complex in nature. All other duties and responsibilities as assigned.

Requirements

High School Diploma or Equivalent.
Basic computer experience including Windows, Microsoft Word, and Excel.
Proficient typing skills.
Ability to interpret the needs of customers and effectively resolve any problems to ensure complete satisfaction.
Basic math skills including the ability to calculate fractions, decimals and percentages.
Ability to apply common sense understanding to carry out verbal and written instructions and deal with standardized and unique situations.
Excellent customer service skills.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
Must be able to perform each essential duty satisfactorily and maintain confidentiality and professionalism.

Nice To Haves

An open, willing to assist approach to work is expected along with the ability to work beyond their normal job duties as the situation requires.
Interpersonal and problem-solving skills are required.
This position will have access to highly confidential information that must be handled in a professional manner.

Responsibilities

Reviews and prepares loan packages and documentation following underwriting guidelines and policies.
Prepares loan documents to protect the bank's security position, which may include various types of promissory notes, sworn statements, security agreements, addendums, and mortgages.
Types letters, memos, and reports for loan officers.
Screens incoming telephone calls, responds, and writes routine correspondence for loan officers.
May be required to meet with customers and close small business loans.
Compiles and prepares month-end and quarter-end reports that are reviewed at the monthly Board of Directors meetings.
Orders Third Party loan documentation such as title commitments, title searches, real estate valuations, and insurance with proper coverage as requested for loan officers.
Collects pending loan documentation and assists loan officers with the delivery of documents.
Prepares and sends notices on denied credit applications.
Advances commercial credit lines and floor plan lines of credit.
Assists customers with problems, billing, accounts, or loans.
Helps cross-train and assist others in the Commercial Loan and Credit Departments.