Senior Commercial Loan Processor

Responsibilities

• Loan File Intake, Processing, and Pipeline Management
• Own assigned commercial loan files from application/intake through funding, ensuring complete and accurate documentation and clear status visibility.
• Establish and maintain digital loan files using required filing and naming conventions, including document stacking order/organization and version control.
• Request, collect, track, and review borrower/guarantor documentation (financial statements, entity documents, insurance, rent rolls, leases, etc.) for completeness and consistency; follow up proactively to clear missing items.
• Maintain pipeline updates, ticklers, and key milestone tracking; communicate status and needs to internal partners.
• Partner with Underwriting to package files for analysis and decisioning; resolve documentation gaps and discrepancies.
• Track approval terms and closing/funding conditions, driving timely follow‑up and documenting condition clearance.
• Prepare summaries and internal checklists as needed (e.g., conditions checklists, document request lists).
• Review third‑party documents such as SNDAs, leases, and corporate documents to make recommendations to the Manager and Loan Officers to ensure transaction soundness.
• Order, track, and organize third‑party reports (title, appraisal, environmental reports, flood determinations, UCC searches/filings, property condition or seismic reports, and other due diligence items). Coordinate with vendors and internal stakeholders to meet turnaround times and resolve issues.
• Serve as the primary point of coordination with title/escrow, appraisal, and environmental providers to support closing readiness.
• Prepare and support documentation preparation to ensure loan documents reflect approved terms and accurate borrower/entity information.
• Communicate with internal compliance and outside counsel to obtain legal guidance for complex loan structures, as applicable.
• Validate required closing items are present (executed documents, insurance, title/recording, etc.) and properly imaged/indexed in the file.
• Board/Book loans in the core system and related lending systems (e.g., LOS/servicing platform) with accurate monetary terms, collateral data, rates, fees, payment details, and ticklers.
• Prepare and coordinate funding requests and wires in accordance with internal procedures, approvals, and separation‑of‑duty requirements.
• Support funding execution and post‑funding file completion (final documents, trailing items tracking, imaging completion).
• Assist with periodic internal reviews, examinations, and audits by producing complete, well‑organized files and clear evidence of condition clearance and due diligence.
• Contribute to process improvement: templates, checklists, naming conventions, and pipeline discipline as the program scales.
• Perform minor reconciliations and operational accounting support related to fees, invoices, vendor payments, and funding balance checks, as assigned.
• Follow credit union policies/procedures and applicable lending laws/regulatory expectations; maintain confidentiality of member and borrower information; support strong internal controls, including accurate documentation, evidentiary notes, and adherence to approval authorities.
• Perform other duties as assigned.
• Work closely with Commercial Loan Officers/Originators, Underwriters/Credit Administration, Servicing, Accounting/AP, and third‑party vendors (title/escrow, appraisal, environmental).

• Bachelor's degree preferred.
• 8+ years experience in loan processing (combination of consumer, mortgage, and/or commercial).
• 5+ years commercial loan experience.
• Strong analytical skills, including ability to evaluate strategies, solve problems, prioritize activities, and make effective use of resources.
• Good written and verbal communication skills, including ability to listen effectively and present ideas clearly, concisely, and in an organized manner.
• Knowledge of commercial regulatory statutes and lending compliance preferred.
• Commercial loan processing/closing support experience.
• Demonstrated experience managing files end‑to‑end with high documentation accuracy and time‑sensitive follow‑up.
• Practical knowledge of…