Loan Support Officer
About The Position
Following established policies and department procedures, support Loan Officers in client service and loan processing. Assist in monitoring and training assistant-level staff. ESSENTIAL FUNCTIONS Support the lending team’s client service and loan processing. Coordinate with internal and external units (e.g., loan documentation department, loan servicing department, title, escrow, borrower, broker) to close commercial loans. Provide quality client service and follow up on outstanding items. Prepare required disclosure information within designated time frames. Ensure compliance with Bank, regulatory and credit requirements with emphasis on quality client service while adhering to given deadlines. Assist with mentoring and training Loan Assistants. Assist in monitoring loan covenants and insurance. Upload loan-related documents to imaging system. Prepare periodic reports.
Requirements
- College graduate with a major in accounting, finance, or business preferred.
- Minimum 2-3 years of corporate commercial lending and banking experience with good knowledge of lending regulations, loan funding/closing, and credit/underwriting practices.
- PC proficiency.
- Good verbal and written communication skills.
- Organized and detail oriented.
- Good knowledge of Bank’s credit underwriting policies and approval process for assigned loans.
- Ability to manage loan funding/closing and complex loan issues.
- Ability to work effectively in a fast-paced, high production environment.
- Strong financial analysis and accounting skills.
Responsibilities
- Support Loan Officers in client service and loan processing.
- Assist in monitoring and training assistant-level staff.
- Support the lending team’s client service and loan processing.
- Coordinate with internal and external units (e.g., loan documentation department, loan servicing department, title, escrow, borrower, broker) to close commercial loans.
- Provide quality client service and follow up on outstanding items.
- Prepare required disclosure information within designated time frames.
- Ensure compliance with Bank, regulatory and credit requirements with emphasis on quality client service while adhering to given deadlines.
- Assist with mentoring and training Loan Assistants.
- Assist in monitoring loan covenants and insurance.
- Upload loan-related documents to imaging system.
- Prepare periodic reports.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
501-1,000 employees
