Commercial Loan Processor
Utah First Credit Union•Salt Lake City, UT
•$25 - $28•Onsite
About The Position
This role is responsible for processing commercial loans, ensuring accuracy, thorough documentation, and attention to detail to create a great borrower experience. The Commercial Loan Processor will analyze financial information, prepare loan documentation, coordinate third-party requirements, and ensure loan files are complete and compliant. This position plays a critical role in helping local businesses access the financing they need to grow and succeed.
Requirements
- 2+ years of experience in commercial, business, or real estate loan processing.
- Take ownership of your work and follow through on commitments.
- Practice accuracy, organization, and attention to detail in everything you do.
- Know when to ask questions, investigate further, or escalate concerns.
- Enjoy working with numbers, financial documents, and complex transactions.
- Bachelor's degree in Business, Finance, Accounting, or a related field preferred; equivalent education, training, and experience may be considered.
- Minimum 2 years of experience in real estate finance processing, commercial lending support, or a related lending role.
- Strong understanding of accounting principles and business financial statements.
- Experience analyzing financial information and preparing loan documentation.
- Proficiency with Microsoft Word, Excel, and financial statement-spreading software.
- Strong organizational skills, analytical ability, and attention to detail.
- Ability to manage multiple deadlines and maintain accuracy in a fast-paced environment.
- Strong communication and teamwork skills.
Nice To Haves
- Experience with LaserPro loan documentation software.
- Experience processing SBA 7(a), SBA 504, USDA, or other government-guaranteed loan programs.
- Knowledge of commercial real estate lending documentation and closing requirements.
Responsibilities
- Analyze business financial statements, credit information, and supporting documentation to assist with commercial loan underwriting and approval processes.
- Gather, verify, and organize loan documentation while coordinating appraisals, title work, flood certifications, environmental reports, insurance certificates, and credit reports.
- Prepare loan documentation through LaserPro and support loan closings, funding processes, wire transfers, and post-closing follow-up activities.
- Maintain complete and accurate digital loan files while tracking outstanding conditions and documentation requirements.
- Support a variety of commercial lending products, including conventional commercial loans, SBA 7(a), SBA 504, and USDA loan programs.
Benefits
- Competitive pay of $25.00-$28.00 per hour, depending on experience.
- Opportunity to earn a quarterly bonus.
- Medical, dental, and vision insurance.
- 20 days of Paid Time Off (PTO).
- 12 paid holidays.
- 4 weeks of Paid Parental Leave.
- 8 weeks of Paid Pregnancy-Related Medical Leave.
- Tuition reimbursement up to $2,500 annually.
- 401(k) retirement plan.
- Professional development and training opportunities.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
