Commercial Loan Specialist (Hybrid)
About The Position
As a Commercial Loan Specialist, you will provide support to commercial lending staff in commercial branches or banking centers. Process loan closings, attain loan perfection, and service loan customers. In this role you'll have the opportunity to prepare all loan request documents, gather customer income and net worth information, and answer customer questions. You will be responsible for ordering external agency reports such as titles, insurance, etc., and preparing commitment letters. You will also arrange for payoff of property liens, coordinate loan closings, and prepare disbursement checks. Additionally, you will be responsible for verifying loan system accuracy for boarded loans, ensuring each loan file meets bank and regulatory requirements, making advances and payments on commercial lines, and balancing commercial loan suspense accounts monthly. You will also be responsible for complying with policies, procedures, security requirements, and government regulations.
Requirements
- H.S. Diploma: required (an equivalent combination of education and experience may be considered)
- 0 to 2 years of commercial loan support experience required
- Demonstrate ability to independently produce accurate work in a deadline driven environment.
- Possess strong analytical skills with the ability to identify document errors or variances and make corrections.
- Ability to deliver professional, responsive customer service.
- Knowledge of accounting principles.
- Proficient in Word, Excel, and commercial loan systems.
- Knowledge of state and regulatory requirements pertaining to commercial loans.
Responsibilities
- Prepare all loan request documents.
- Gather customer income and net worth information.
- Answer customer questions.
- Responsible for ordering external agency reports such as titles, insurance, etc.
- Prepare commitment letters.
- Arrange for payoff of property liens.
- Coordinate loan closings and prepare disbursement checks.
- Responsible for verifying loan system accuracy for boarded loans.
- Responsible for ensuring each loan file meets bank and regulatory requirements.
- Responsible for making advances and payments on commercial lines.
- Balance commercial loan suspense accounts monthly.
- Responsible for complying with policies, procedures, security requirements, and government regulations.
Benefits
- medical
- dental
- vision
- LTD
- STD
- life
- Paid vacation time
- sick time
- personal days
- paid volunteer time
- 11 company paid holidays
- 401k (up to 4% match with immediate vesting)
- Tuition reimbursement
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
