Commercial Loan Operations Specialist

Overview

Join Mercantile Bank as a Full-Time Commercial Loan Operations Specialist and elevate your career in a dynamic onsite environment located in Comstock Park, Michigan. This role offers the opportunity to be at the forefront of the banking industry, facilitating commercial loans that drive local businesses forward. Be part of a collaborative team focused on customer-centric solutions, where your problem-solving skills are highly valued.

Our culture encourages innovation and inclusivity, making every day at the bank an energetic and engaging experience.

With a commitment to excellence, you will contribute to a high-performance team that prioritizes integrity and accountability. Discover the excitement of being a pivotal player in a forward-thinking organization that truly values its community and employees. Apply today and take the next step in your professional journey!

Would you be a great Commercial Loan Operations Specialist?

• Ensure the timely and accurate processing of commercial loans, using strong organizational skills and attention to detail.
• Handle daily data entry and maintenance of the Loan Accounting System.
• Load commercial loan packages onto the core system, monitor adjustment requests, and manage non-posted transactions.
• Review daily reports, verify the accuracy of loan inputs, and perform quality assurance across all operations.
• Maintain data integrity by cleaning up names, addresses, and collateral information.
• Identify trends, mitigate risks, and help uphold the bank’s commitment to excellence and regulatory compliance.

• 1-3 years of relevant banking operations experience.
• Proficiency in computer programs, particularly Microsoft Office.
• An accounting background is beneficial for calculating payments and interest accurately.
• Experience in bank loan operations and familiarity with lending regulations is advantageous, especially for booking and maintenance of complex commercial loans.
• A high school education or GED is acceptable if the necessary knowledge, skills, and abilities are demonstrated.
• Attention to detail, strong organizational skills, and clear communication are critical for verifying loan accuracy and managing workflows.

• A high school education or GED.
• Equivalent job-related education and/or experience will be considered if the necessary knowledge, skills, and abilities are demonstrated.

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

Mercantile Bank was founded by entrepreneurs who believed that building strong relationships and communities is accomplished through collaboration and innovation. It’s more than being a financial institution; it’s being a trusted ally and community partner. As Michigan’s largest community bank, our roots are deeply embedded in the diverse communities we serve. Our commitment to our customers and community is at the core of all we do.

As an employee of Mercantile Bank, you will receive competitive compensation, bonus opportunities, and best-in-class medical benefits, with generous vacation and other benefits described by the bank.

Connect with our team today: if this sounds like the right job for you, apply today to join our team. We look forward to hearing from you!