Commercial Loan Administration Specialist

Arizona Central Credit Union • Phoenix, AZ

2d

About The Position

The Commercial Loan Administration Specialist will perform a variety of commercial loan and deposit duties within the Business Financial Services Department.

Requirements

• Experience: One to three years similar or related experience, preferably within the business and commercial lending area or comparable member service-related position.
• Education: A high school diploma or equivalent

Responsibilities

• Order and track required documentation for loan approvals (including appraisals, title policies, and environmental reports) and for deposit accounts.
• Perform necessary account file maintenance and process transfers, payments, and loan payoffs for businesses transactions, including participations purchase and sold loans on the core system.
• Create, maintain, organize, and updates collateral, credit, and appraisal files.
• Assist with initial inquiries and gather required documentation from applicants.
• Manage delinquency reports and contact member when appropriate.
• Accurately compile, input, and validate all monetary data necessary to execute and document loans.
• Review loan authorization requests and all attachments to determine documents required to produce the loan according to CU underwriting guidelines, policies, and regulations.
• Review approved loan requests/documents and board loan on core system.
• Develop and maintain procedures, checklists, and tracking systems to manage loan covenants and compliance requirements.
• Manage applicant loan and deposit inquiries and online requests.

Benefits

• medical
• dental
• vision
• 401k with up to 6% match
• an employee assistance program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 11-50 employees