Commercial Loan Operations Specialist

Day to day as a Commercial Loan Operations Specialist

As a Commercial Loan Operations Specialist at Mercantile Bank, you will play a vital role in ensuring the timely and accurate processing of commercial loans, utilizing your strong organizational skills and attention to detail. This higher‑level position requires expertise in the daily data entry and maintenance of the Loan Accounting System, collateral file, and imaging systems. Your responsibilities will include loading commercial loan packages onto the core system, monitoring adjustment requests, and managing non‑posted transactions.

You will also review daily reports, verify the accuracy of loan inputs, and ensure quality assurance across all operations. Your ability to maintain data integrity will be crucial as you assist in cleaning up names, addresses, and collateral information. By identifying trends and mitigating risks, you will help uphold the bank's commitment to excellence and customer satisfaction while complying with all regulatory requirements.

To succeed as a Commercial Loan Operations Specialist at Mercantile Bank, candidates must bring 1‑3 years of relevant job experience, demonstrating a solid understanding of banking operations. Proficiency in computer programs, particularly Microsoft Office, is essential for efficient data management and reporting. An accounting background will enhance your ability to calculate payment and interest figures accurately, ensuring the integrity of loan transactions.

Experience in bank loan operations and familiarity with lending regulations will be advantageous, especially in the booking and maintenance of complex commercial loans. A high school education or equivalent will be considered, provided you possess the necessary knowledge, skills, and abilities to perform the job functions effectively.

Attention to detail, strong organizational skills, and an ability to communicate clearly will be critical in verifying loan accuracy and managing operational workflows. Your commitment to excellence and dedication to maintaining data integrity will further contribute to your success in this pivotal role.

• A high school education or GED
• Equivalent job‑related education and/or experience will be considered if the necessary knowledge, skills and abilities to perform the functions of the job are proven.

• Previous bank loan operations experience
• Lending regulations
• Booking and maintenance of complex commercial loans
• Loan documentation