Commercial Loan Administrator

Position: Commercial Loan Administrator I
We’ve been named one of the
** best places to work in Maine**, and offer
** robust benefits
** focused on your holistic well-being.
* Works collaboratively with Banking Officers in all areas of commercial loan documentation and servicing to achieve departmental goals.
* Provides customer service support to commercial customers including assisting with loan advances, answering questions, problem resolution, line of credit advances and general inquiries.
* Works collaboratively with Banking Officers to effectively prepare for loan closings ensuring all necessary due diligence required is met in accordance with loan policy and procedures per the approval document.
* Reviews loan documentation before closing to ensure completeness and accuracy.
* Review loan documentation after closing, ensuring collateral documents are recorded appropriately, all signatures are collected, files all documentation into the electronic file system and original required documents are kept according to retention procedure.
* Works collaboratively with the designated Portfolio Manager to successfully maintain the loan portfolio in accordance with bank policy and procedure.
* Effectively reviews loan files in preparation for loan file audits.
* Works with commercial customers to obtain financials or required documentation in accordance with their loan agreement and track appropriately per procedure.
* Establish strong relationships with referral sources, inside and outside the organization.
* Effectively utilize technology and tools to maximize results (Sageworks, Synergy, Xperience, Outlook etc.)
* 0-2 years of experience working in a financial/banking institution or equivalent administrative role.
* Basic knowledge of banking terminology.
* Knowledge of banking regulations pertaining to commercial lending including but not limited to HMDA, CRA, Beneficial Ownership and Reg B preferred but not required
* Knowledge of business structures, perfection of collateral and security interests preferred but not required
* Essential knowledge of Loan Policy, Departmental Procedures, Regulatory and Compliance issues. (HMDA, CRA, OFAC, Reg B, Flood, Beneficial Ownership etc.)
* Knowledge of commercial lending, loan documentation and the loan closing process.
* Knowledge of business structures, perfection of collateral and security interests.
* 2 year college degree
* Notary Public Certification
* Demonstrates an understanding of the competitive strengths of CNB’s products and services.
* Strong written and verbal communication skills
* Ability to work effectively independently and as part of team
* Must be detail oriented and have an ability to multitask effectively
* Effectively be able to prioritize tasks and problem solve with minimal assistance
* Effectively uses technology to perform daily activities and service customers
* Proactively and creatively takes initiative to meet commercial group goals
* Ability to grasp, conceptualize and work through instructions to create the desired result
* Robust medical, dental, and vision insurance packages
* Generous time off, including paid federal holidays and paid day off for your birthday
* 401(k) retirement savings plan
* Tuition reimbursement, professional development, and career growth opportunities
* Employee assistance program
* Comprehensive wellness program

An opportunity to build your career at an innovative community organization with a vision for growth and giving back. Whether it’s helping a family buy their first home or build a business, we go above and beyond to serve our customers, communities, and each other. You’ll experience an inspiring, welcoming workplace for all, and a culture that empowers employees to do their best work each day—and celebrate the difference we’re making together.

Today, we employ 725 people at more than 73 work locations. We recruit top talent for roles in everything from relationship banking to operations, lending, technology, finance, compliance, marketing, and more. Employees enjoy health and wellness benefits and generous time off, along with numerous personal and professional growth opportunities.
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