Commercial Loan Administrator/Closer

Lakeside Bank • Bridgeport, CT

16h • Onsite

About The Position

Performs administrative and clerical support to Executive Vice President and Lending Officers by performing a variety of more complex assignments. This role involves assisting loan officers in the analysis and preparation of loan documents and closing processes, reviewing loan applications, managing customer relationships, and ensuring compliance with bank policies and regulatory guidelines.

Requirements

• Intermediate Microsoft Office Skills to create and maintain worksheets and prepare loan documentation.
• Excellent oral and written communications to communicate with a wide range of customers and internal contacts.
• Strong attention to detail.
• Professional presentation to clients.
• Ability to work independently and under pressure, meeting strict deadlines.
• Ability to multi-task various loan files.
• Ability to use 10 key calculator.
• Undergraduate degree required, preferably a business degree.
• Minimum of two years of bank operations experience required.
• 2 years of commercial lending experience required.

Responsibilities

• Assist loan officer in the analysis and preparation of loan documents and closing processes.
• Review loan applications and accompanying documents to assure that all required information is present and correct, in accordance with the bank’s loan policy.
• Effectively assist loan officer in managing complex customer relationships of higher profile clients (both new and existing).
• Answer customer inquiries concerning loan programs offered by the Bank, provide basic loan information as summarized in loan policy. Refer customer inquiry to appropriate lending Officer to initiate the loan process.
• Answer customer inquiries about bank transactions for loan deposits. Investigate customer problems on both transactions and initiate corrective action as needed.
• Review property appraisal reports, surveys, title commitments, environmental site assessments & etc. for the necessary information and based on loan approval.
• Maintain loan maturity and expiring commitment reports and coordinate with the lending officer for timely renewal of both.
• Remove collateral exceptions that include but not limited to obtaining final title policies, insurance certificates, and proof of real estate tax payments.
• Order title commitments, appraisal, EPA and construction inspections reports through various third party firms.
• Obtain CIP information (LLC operating agreements, membership listing, certificates of good standing and corporate records on an as needed basis.
• Perform all duties and responsibilities in compliance with applicable local, state, and federal regulatory guidelines.
• Maintain current knowledge of regulatory requirements.

Benefits

• 3 Blue Cross Blue Shield Medical plans (2 PPO & 1 HMO plans)
• PPO Dental plans through Principal
• Vision insurance through Principal VSP
• Life/AD&D insurance
• Short-term Disability insurance
• Long-term Disability insurance
• Supplemental ancillary products (supplemental life for employee, spouse and/or children, accident, critical illness, hospital indemnity, and pet insurance)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree