Senior Commercial Loan Administrator (Sign-On Bonus)

Arizona Central Credit Union•Phoenix, AZ

28d•Hybrid

About The Position

Arizona Central Credit Union is seeking a Senior Commercial Loan Administrator to join their Business Financial Services Department. This role involves performing a variety of commercial loan and deposit duties. The credit union is recognized as one of Arizona's leading institutions, committed to positively impacting employees, members, and communities through integrity, respect, diligence, ownership, and candor.

Requirements

Five to eight years of commercial loan documentation, servicing, and processing experience within the business and commercial lending area.
Demonstrated experience in advising deposit and loan applicants.
LaserPro or similar software experience required.
A high school diploma or equivalent.

Responsibilities

Perform necessary account file maintenance and process transfers and/or payments for business transactions on the core system.
Create, organize, and maintain loan credit files.
Manage and assist in the collection of delinquent loans.
Handle participation loan processing (purchased and sold) including payments, boarding, and funding.
Review loan authorization requests and all attachments to determine required documents for loan production according to underwriting guidelines, policies, and regulations.
Obtain and review all entity documentation, determine required signatories, and ensure documents are prepared and executed to be legally binding.
Order, verify, and review title reports, ensuring appropriate title insurance coverage.
Coordinate loan closing with branch, borrower, and/or title company, including wiring, disbursing funds, and setting up required ticklers.
Prepare loan boarding package including closing checklist, boarding worksheet, wire transfer, and other necessary forms.
Obtain post-funding documents and complete associated tasks.
Create, track, and manage the monthly tickler report.
Perfect loan collateral through deeds, mortgages, assignment of rents, title liens, UCC Filings, etc.
Process and execute loan modification and renewal documentation.
Provide loan servicing for commercial and portfolio loans, including quoting and processing loan payoffs, payments, insurance and property tax related documentation, and release of collateral.
Support deposit account openings, documentation, maintenance, and updating member profiles.