More jobs:
Commercial Loan Administrator
Job in
Deep River, Connecticut, 06417, USA
Listed on 2025-12-31
Listing for:
COCC
Full Time
position Listed on 2025-12-31
Job specializations:
-
Finance & Banking
Loan Servicing -
Administrative/Clerical
Loan Servicing
Job Description & How to Apply Below
Join to apply for the Commercial Loan Administrator role at COCC
Are you a motivated banking professional looking to grow your career in commercial lending? Our client, a respected local bank, is seeking a Commercial Loan Administrator to join their team. This is a unique opportunity for someone with banking experience who is eager to learn and advance within the commercial loans space.
Why This Role Stands Out
- Career Growth:
Clear path for advancement in commercial lending - Impactful Work:
Contribute to loan operations and regulatory compliance
Key Responsibilities
- Prepare commercial loan closing packages, modifications, and extensions
- Establish loans online and manage loan documentation
- Coordinate due diligence, including OFAC checks and UCC filings
- Process loan advances and payments for construction loans and credit lines
- Provide administrative support to Commercial Loan Officers
- Maintain internal systems and generate reports for management
- Assist with audits, compliance reviews, and regulatory reporting (CRA, HMDA, etc.)
- Review residential and commercial appraisals
What We’re Looking For
- Experience:
2+ years in banking with a desire to enter or grow in the commercial loans sector - Education:
Bachelor’s degree preferred; high school diploma with relevant experience considered - Skills:
Strong customer service, organization, and computer proficiency (Word, Excel, loan software) - Knowledge:
Familiarity with commercial and real estate loan documentation, business entity types, and regulatory requirements preferred
Bonus Skills
- Experience with real estate appraisals
- Understanding of debit/credit transactions
This is an on-site role. The salary range is $50,000 - $70,000
Seniority LevelEntry level
Employment TypeFull-time
Job FunctionAdministrative
IndustriesBanking
Medical insurance
Vision insurance
401(k)
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