Commercial Loan Coordinator

Parkside Financial Bank & Trust • Quinte West, ON

3d • $75,000 - $85,000 • Onsite

About The Position

Parkside Financial Bank & Trust is seeking a motivated Commercial Loan Coordinator to join their Loan Coordination team. This role is crucial in collaborating with Relationship Managers to process new loan requests, renewals, modifications, and other customer requests using the bank's loan origination system. The position requires a high school degree or equivalent, with an associate or bachelor's degree preferred, and at least two years of experience commensurate with the responsibilities.

Requirements

• High school diploma or equivalent (associate or bachelor’s degree preferred)
• 2+ years of experience in a comparable role or capacity
• Jack Henry/Silver Lake experience preferred
• Strong knowledge of Commercial & Industrial and Commercial Real Estate lending processes and procedures
• Motivated self-starter
• Detail oriented and highly organized
• Able to multi-task and prioritize to meet deadlines
• Able to work both independently and as an integral part of a team
• Quickly and proficiently comprehend new information
• Able to focus on key priorities and thrive in a complex and ever-changing environment
• Strong work ethic
• Stable under pressure or stress
• Willingness to learn and contribute to company’s financial growth and profitability

Nice To Haves

• Jack Henry/Silver Lake experience

Responsibilities

• Maintains strong knowledge of Parkside’s credit culture and advises Relationship Managers on deviations from standard practices.
• Acts as a resource for Relationship Managers regarding loan operations and the processing of loan requests through the loan origination system.
• Serves as a point of contact for other internal team members throughout the loan process.
• Completes annual renewals, new loan requests and monthly reporting tasks independently with little to no supervision on all loan types.
• Completes daily process and maintains pace with month end, quarter end and year end volume levels.
• Obtains all required pre-closing documents. Follows Relationship Managers direction to collect data and documents and to fulfill customer service requests.
• Reviews closed loan packages to ensure no changes to loan documents were made at closing without approval, per loan policy.
• Monitors and assists with clearing exception items.
• Provides guidance and training to other Loan Coordinators.
• Assists in processing and responding to daily overdrafts per Relationship Managers instructions and bank policies, as needed.
• Provides back-up support for other Loan Coordinators during vacations and other high-volume periods.
• Participates on internal committees and task forces as requested by the Manager.

Benefits

• Competitive salary with bonus
• Medical, dental, and vision insurance
• 401k Plan + Employer Match
• Employee Stock Options
• Paid 4 Week Sabbatical Program, including $5,000 for travel, with every 5 years of employment
• 12-week Paid Maternity Leave
• Tuition Reimbursement
• Employee charitable giving support
• Company-paid parking

What This Job Offers

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