Commercial Loan Processor

Job Location:

Bank First Ops Center
- Manitowoc, WI 54220

Commercial Loan Processor

• Loan Processing & Documentation – Partner with Business Service Representatives to review loan requests and prepare accurate documentation.
• Pre-Closing Compliance – Validate legal entities, signing authority, and collateral lien status while ensuring strict adherence to regulatory standards.
• Fee Reconciliation
  - Balance closing statements and disbursements, verifying that all loan fees and pre-closing costs are properly accounted for.
• Complex Product Expertise
  - Process advanced financial products, including letters of credit, loan participations, swaps, SBA, and construction loans, while adapting to changing regulatory standards.
• Record Management
  - Confirm all pre-closing documents are properly uploaded to guarantee seamless electronic archiving.
• Data Integrity & HMDA Reporting – Ensure accurate HMDA data entry and compliance with federal reporting requirements within the loan origination software.
• Wire Transfers
  - Review and authorize outgoing wires with high attention to detail to prevent errors and ensure policy compliance.
• Collateral Management
  - Clear post-closing collateral exceptions upon receipt and verification of required documentation.
• Construction Loan Onboarding
  - Set up new construction projects and budgets within the construction management software.
• Risk Mitigation
  - Manage the construction draw process by verifying required approvals and critical documentation before releasing project funds.
• Team Collaboration
  - Contribute to a supportive, team-oriented work environment by assisting other team members and departments as needed.
• Compliance and Ethics
  - Adhere to the bank's Code of Ethics consistently demonstrating high standards of integrity and professionalism in all tasks and interactions.

• Associate’s degree or equivalent in business, finance, or related field preferred
• 1-3 years of experience with commercial loan documents preferred
• Proficiency in MS Word, Outlook and Excel
• Ability to quickly learn specialized loan processing software
• Strong time management and organization skills

• Accountability – Willingness and responsibility to accept ownership for actions, decisions, performance and outcomes.
• Accuracy & Precision – Detect errors early and maintain strict compliance with corporate and regulatory guidelines.
• Adaptability – Pivot quickly to changing priorities, thriving under time-sensitive deadlines in a fast-paced setting.
• Communication – Express ideas clearly and professionally, both orally and in writing, across all levels of the organization and with external contacts.
• Decision Making – Evaluate complex challenges by objectively weighing the benefits and drawbacks of each approach.
• Detail Oriented
  - Pay attention to all aspects of a situation or task, ensuring no detail is overlooked.
• Integrity and Ethics – Display fair, honest, and transparent conduct aligned with company moral standards.
• Innovative
  - Go beyond the conventional, try different solutions, and encourage new ideas.
• Interpersonal
  - Develop and maintain relationships with others focusing on meeting the client’s needs.
• Problem Resolution
  - Identify, evaluate, and resolve issues by developing and implementing logical and effective solutions.
• Process Optimization
  - Evaluate existing processes and workflows to identify inefficiencies and to drive continuous improvement.
• Reliability – Being dependable, consistent and trustworthy in performance and behavior.
• Results Oriented – Drive for excellence, take initiative, and pursue opportunities/growth.
• Time Management – Prioritize tasks and meet deadlines effectively.