Commercial Loan Administrator

Community based bank in Metro West has a need for a Commercial Loan Administrator due to growth at the bank. Great environment, wonderful location (free parking!), opportunity for growth with fantastic benefits! Hybrid Role

Responsibilities:

• Prepares commitment letters, loan closing documents, attorney fee sheets and coordinates loan closings with outside counsel
• Prepares modification agreements and ensures accuracy of both legal documentation and system of record
• Conducts all necessary due diligence for commercial loans to include: orders and reviews appraisals and environmental reports, corporate searches; files uniform commercial code filings
• Ensures loan files contain documents with proper signature, legal descriptions, closing dates and other relevant data
• Ensures all loan and credit files comply with federal and state regulations
• Responsible for timely follow up on post-closing items
• Responsible to set up construction loans in system for advance inspection requests and monitoring percentage complete
• Responsible to upload legal and credit file documentation to imaging system and maintenance of accurate bank records
• Answers email and telephone requests to assist customers concerning routine and complex loan inquiries and requests
• Provides administrative assistance to loan officers as needed

• Good understanding of lending procedures, laws, and regulations
• Sound knowledge of loan policy, compliance, loan operations and quality customer service

Qualifications:

• Bachelor’s degree or equivalent commercial lending experience
• Background in financial institution’s commercial lending procedures
• Background in understanding legal documentation and loan operations for commercial lending purposes
• Experience using LaserPro software is preferred
• Must pass credit check