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Senior Loan Administrative Assistant

Job in Bloomington, Hennepin County, Minnesota, USA
Listing for: Minnesota Bankers Association
Full Time position
Listed on 2026-06-06
Job specializations:
  • Finance & Banking
Salary/Wage Range or Industry Benchmark: 27.88 - 33.65 USD Hourly USD 27.88 33.65 HOUR
Job Description & How to Apply Below

30 7th Street E, Suite 230, St. Paul, MN 55101

Job Description

Are you a detail-oriented professional with deep expertise in commercial real estate and loan operations? We are seeking a Senior Loan Administrative Assistant to provide advanced operational support to our lending team. In this role, you will handle complex commercial loan functions—from coordinating closings to reviewing attorney-prepared documentation. As a senior member of the team, you will operate with a high level of independence, solving technical problems and mentoring junior staff to ensure efficiency and compliance across the department.

Essential

Functions
  • Loan Operations:
    Provide advanced administrative support for commercial and commercial real estate (CRE) loans.
  • Documentation & Review:
    Process and review loan reports and closing materials; demonstrate mastery of attorney-prepared documents for CRE transactions to ensure accuracy and compliance.
  • Lien Perfection:
    Manage collateral documentation (mortgages, title policies, UCC filings, and vehicle titling) to safeguard the Bank’s security interests and ensure full perfection.
  • Closing Coordination:
    Serve as the central point of contact for lenders, borrowers, attorneys, and title companies to facilitate seamless loan closings.
  • Portfolio Maintenance:
    Request flood determinations and process mortgage satisfactions and partial releases.
  • Problem Solving:
    Use strong analytical skills to resolve complex documentation and process-related issues independently.
  • Leadership:
    Serve as a technical resource and mentor, providing training and guidance to less experienced staff members.
Benefits
  • Health & Wellness:
    Comprehensive medical, dental, and vision insurance, plus employer-paid life and long-term disability insurance.
  • Financial Future: A robust 401(k) plan with generous company match.
  • Work-Life Balance:
    Generous Paid Time Off (PTO), including vacation, sick time, and paid holidays.
  • MN Paid Family and Medical Leave (MNPFML):
    Eligibility for job-protected, partially paid leave for qualifying family and medical reasons.
  • Banking Perks:
    Special employee rates on loans, waived fees on personal accounts, safe deposit box discounts and paid parking.
  • Salary Range: $27.88 to $33.65
Qualifications
  • Education:

    Associate or bachelor’s degree preferred, or an equivalent combination of education and experience in banking or a related field.
  • Experience:

    3–5 years of experience in commercial loan operations and administrative support.
  • Technical Knowledge:
    Advanced knowledge of commercial loan processing and documentation, with a deep understanding of complex loan structures.
  • Communication:
    Exceptional verbal and written communication skills.
  • Compliance:
    Sharp attention to detail with a comprehensive grasp of loan servicing rules, regulations, and bank policies.
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Position Requirements
10+ Years work experience
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