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Loan Administrator

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Associated Banc‑Corp
Full Time position
Listed on 2026-07-04
Job specializations:
  • Finance & Banking
    Loan Servicing, Financial Compliance, Banking Operations, Banking & Finance
Salary/Wage Range or Industry Benchmark: 27.53 - 47.2 USD Hourly USD 27.53 47.20 HOUR
Job Description & How to Apply Below

Job Overview

The Loan Administrator provides support to relationship managers and portfolio managers in infrastructure banking, focusing on power, utilities, and data center financing. Responsibilities include loan closings, syndication coordination, post‑closing administration, system data integrity, and customer service.

Key Responsibilities
  • Accelerate loan closings: negotiate documents, manage closing checklist, ensure legal documentation, coordinate booking, and communicate timelines to RM/borrower.
  • Lead or participate in syndication meetings as administrative agent and facilitate negotiations among stakeholders.
  • Provide customer and team support: resolve questions, research inquiries, liaison with attorneys, consultants, and other third parties.
  • Monitor and complete post‑closing deliverables; ensure compliance with credit policy and regulatory requirements.
  • Maintain exception reports, documentation clarity, and system integrity across Core Bank/Signature, Sales Pro, Nautilus, and shared drives.
  • Assist with portfolio and credit administration, including updates on partial payoffs, letters of credit, and deposit/CLIP clearing.
  • Manage depository account openings and serve as point of contact for depository issues.
  • Maintain current knowledge of banking laws, regulations, internal policies, and procedures.
Required

Education and Experience
  • Bachelor's degree in Business, Finance, Accounting or related field, or equivalent combination of education and experience.
  • 7+ years of commercial banking loan administration and closing experience.
  • 7+ years of reviewing and analyzing credit and loan documents.
Compensation

$27.53 – $47.20 per hour, plus potential incentive, commission or bonus opportunities. Total compensation may vary based on location, skills, education, and experience.

Benefits
  • Retirement savings: 401(k) and pension plans.
  • Paid time off for community volunteerism.
  • Diversity‑focused Colleague Resource Groups and well‑being programs.
  • Professional development and advancement opportunities.
  • Parental leave, employee stock purchase plan, military benefits.
  • Personal banking, loan, investment, and insurance benefits.
Equal Opportunity Employer Statement

Associated Bank is an equal‑opportunity employer committed to a diverse workplace. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status, or other protected characteristics. The company fully complies with all applicable enterprise policies, laws, and regulations, including the Bank Secrecy Act, and participates in the E‑Verify Program.

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