Commercial Loan Administrator

Securityplus Federal Credit Union • Milford Mill, MD

1d

About The Position

The Commercial Loan Administrator plays a key role in the ongoing administration, monitoring, and operational support of Securityplus Federal Credit Union’s commercial loan portfolio. This position helps ensure commercial loans are properly documented, boarded, maintained, reviewed, and monitored throughout the life of the loan in accordance with policy, regulatory expectations, and sound credit administration practices.

The Commercial Loan Administrator works collaboratively with lending, operations, finance, risk management, third-party vendors, and other internal partners to support asset quality, maintain file integrity, resolve post-closing and servicing issues, and ensure accurate portfolio reporting and audit readiness.

This role is ideal for someone who is highly organized, detail-oriented, and committed to maintaining the highest standards of commercial loan administration in a collaborative, member-obsessed environment.

Requirements

• Minimum of 5 years of experience in commercial lending, credit administration, loan operations, portfolio management support, or a related financial services role.
• Bachelor’s degree in business, finance, accounting, or a related field, or equivalent work experience strongly preferred.
• Strong understanding of commercial loan documentation, post-closing requirements, servicing processes, and portfolio administration.
• Knowledge of commercial credit structures, collateral documentation, covenant tracking, financial statement requirements, and internal risk-rating concepts.
• Strong analytical and problem-solving skills with the ability to identify issues, assess risk, and recommend practical solutions.
• Excellent organizational and time management skills with the ability to manage multiple files, deadlines, and follow-up items in a fast-paced environment.
• Excellent verbal and written communication skills with the ability to interact professionally with members, partners, and internal teams.
• Strong proficiency in Microsoft 365, including Excel, Word, PowerPoint, and Outlook.
• Ability to work independently and collaboratively with a high attention to detail and quality control mindset.

Nice To Haves

• Experience in a credit union, bank, or other financial institution environment.
• Experience with loan review, exception tracking, annual review coordination, criticized asset monitoring, data analysis, and reporting.
• Working knowledge of relevant laws, regulations, and sound commercial lending practices.

Responsibilities

• Owning the Portfolio
• Keeping the Portfolio Healthy
• Solving Problems. Managing Risk.
• Turning Data Into Insight
• Collaborating and Improving.
• Leading with Our Values

Benefits

• Competitive Salary & Benefits Package: We offer a competitive salary and comprehensive retirement benefits, including a 401(k) with company contributions, health, dental, and vision coverage, along with the opportunity to earn an annual performance bonus.
• Opportunities for Career Growth: We value internal development and offer opportunities for career progression into roles such as Commercial Credit Manager, Commercial Lending Manager, or VP/Director of Commercial Lending.
• Work-Life Balance: We believe in work/life balance. No burnout allowed here!
• Culture of Fun and Collaboration: No egos, no endless meetings: just a team of passionate people who genuinely love working together to make a positive difference.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 11-50 employees