Commercial Loan Assistant II - Aviation Lending

Posted on November 9, 2026

Georgetown, MA 01833, USA

Commercial Banking - Aviation Lending

Full-Time

Requisition #: COMME
003718

Salem Five is a growing regional financial services organization with a rich history of over 170 years. As an independent bank, we are deeply rooted in the communities we serve and offer our employees successful and rewarding careers.

This position requires the ability to work in the Georgetown, MA office. Salem Five has more than 30 retail banking branches throughout Essex, Middlesex, Norfolk and Suffolk counties, strong business banking capabilities, an Insurance division, a Wealth Management & Trust organization and a Mortgage Company that has provided home ownership to generations of families.

Salem Five believes deeply in supporting the communities in which we reside. Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA. We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees. Come see what we’re all about.

• Coordinate critical aspects of the aircraft loan closing process, helping ensure documentation and requirements are complete before funding.
• Review loan documents, promissory notes, guarantees, aircraft security agreements, appraisals, title searches, insurance documentation, credit information, and other closing materials.
• Work with brokers, customers, attorneys, title companies, escrow agents, and other partners to gather and organize required documentation.
• Support FAA and International Registry of Mobile Asset filings and other aircraft-related documentation requirements.
• Process loan funding requests, loan setup documentation, booking requirements, and post-closing activities.
• Monitor post-closing items including title searches after recording, FAA filings, lien releases, appraisals, and other collateral documentation.
• Help monitor insurance compliance across the Aviation Lending portfolio and coordinate renewal documentation with customers and insurance providers.
• Assist with tax verification activities, including IRS transcript requests and follow-up on outstanding requirements.
• Track enrollment in aircraft engine maintenance programs when required as part of loan stipulations.
• Manage payoff requests, including payoff letters, application of funds, and lien discharges.
• Serve as a key customer service resource, independently resolving many requests and escalating issues when necessary.
• Maintain accurate loan files and records that meet the Bank’s operational, audit, legal, and regulatory requirements.
• Provide backup support for essential Aviation Lending functions and contribute to special projects across the department.

• A high school diploma or GED;
  Bachelor’s degree preferred.
• Five or more years of banking experience preferred.
• Strong Microsoft skills.
• Previous customer service experience.
• Experience in a legal environment, loan documentation, commercial lending, or similar work is a plus.
• Strong organizational skills and the ability to manage multiple priorities and deadlines.
• Excellent written and verbal communication skills.
• A high level of accuracy and attention to detail.
• The ability to work independently while collaborating closely with a team
• Sound judgment and the ability to identify, research, and resolve problems.
• An understanding of the importance of confidentiality, compliance, and accurate documentation in a banking environment.

We offer a comprehensive benefits package designed to support your well-being and success, including medical, dental, and vision coverage;
Flexible Spending and…