Commercial Loan Administrator II

Ledyard National Bank • Concord, NH

6h • Onsite

About The Position

Under general supervision, but following established policies and procedures, this position is responsible for the processing of commercial loans. Provides support to all areas of the Commercial Banking department by preparation of documents, tracking files, ensuring conformity of documents to policies and regulations, and maintaining various reports. Regular interaction with clients, attorneys and others with questions about loan payments, payoffs, other transactions and basic loan questions in a professional manner.

Requirements

• A minimum of four years’ experience in a banking position with progressively increasing responsibilities is required in lieu of a formal education.
• 4 + years’ experience in lending, consumer or commercial.
• Math and financial calculation skills
• Problem solving
• Client Focus
• Verbal and written communication
• Effective, professional communication with clients, vendors and regulators both written and oral.
• Understand and perform basic lending calculations.
• Report preparation as needed.
• Proficient in Microsoft Office, core banking systems, and internet-based tools
• Ability to work accurately and effectively in a fast-moving work environment

Nice To Haves

• A college degree may be substituted for some experience level.
• Familiarity with Laserpro loan documentation a plus.
• Experience with SBA loans and loan processing requirements a plus.

Responsibilities

• Coordinates preparation of commercial loans and commercial real estate loan documents under the direction of commercial banking officers and the credit department.
• Frequent contact and interaction with customers, attorneys, accountants and other professionals for the completion of assigned tasks.
• Recognizes the appropriate documents for each type of loan and obtains any missing/incomplete documents.
• Ensures that documentation adheres to bank policies and laws and regulations applicable to the extension of credit.
• Performs specialized servicing tasks and conducts research to resolve account problems.
• Responsible for regular required tracking and reporting on SBA guaranteed loans.
• Works in conjunction with the Compliance Officer on compliance regarding commercial loan files.
• Assists in preparing responses to the bank’s outside Compliance Consultant regarding commercial loan findings.
• Complies with all applicable regulatory requirements and performs additional duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed