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Loan Processor - Commercial Loans

Job in Rapid City, Pennington County, South Dakota, 57700, USA
Listing for: Sentinel Federal Credit Union
Full Time position
Listed on 2026-01-12
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking Operations
Salary/Wage Range or Industry Benchmark: 23 - 25 USD Hourly USD 23.00 25.00 HOUR
Job Description & How to Apply Below

Join Our Team as a Commercial Loan Processor

Rapid City, SD | Full-Time (40 hours/week)

Looking for a role where your attention to detail truly matters—and where your work helps local businesses and communities grow? Sentinel Federal Credit Union is hiring a Commercial Loan Processor to support our commercial and construction lending team.

Whether you’re newer to the financial world and ready to learn or you bring solid processing experience to the table, this is an excellent opportunity to build a long-term career with an organization that values integrity, teamwork, and growth.

?? Pay & Incentives
  • $19.85/hour for candidates without direct loan processing experience (training provided)

  • $23.00 – $25.00/hour for candidates with relevant experience, DOE

  • This role is also eligible for a generous incentive and bonus structure

Why You’ll Love Working at Sentinel

We believe in taking care of the people who take care of our members.

?? Comprehensive Benefits Package
  • Medical, Dental & Vision Insurance

  • Health, Dependent Care & Medical Flex Spending Accounts

  • Life Insurance & Long-Term Disability

  • Employee Assistance Program (EAP)

  • Aflac

??? Time Off & Work-Life Balance
  • 3 weeks of vacation per year

  • Paid holidays & personal days

  • Paid volunteer hours

  • Inclement weather pay

  • Regular team-building events and celebration

?? Growth & Development
  • Paid professional development and networking opportunities

  • Mentorship program

  • Professional book reimbursement

  • Ongoing training and a strong commitment to internal promotion

Why Work With Us?

At Sentinel, you’ll find more than a job—you’ll find purpose. As a member-focused credit union, we live by our core values of Service, Trust, Respect, Ownership, Nimble, and Guardian. We support our employees just as strongly as we support our members.

You’ll enjoy:

  • A positive, collaborative, team-centered environment

  • Competitive wages and robust benefits

  • Opportunities for growth and skill development

  • The satisfaction of supporting local businesses and communities

What You’ll Do
  • Support all phases of commercial and construction loan processing, from application through closing

  • Prepare, review, and organize loan documentation for accuracy and completeness

  • Order and track title work, appraisals, inspections, and required third-party documentation

  • Process draw requests and post-closing documentation

  • Follow up on outstanding items to ensure files remain compliant

  • Communicate professionally with members, loan officers, appraisers, brokers, and vendors

  • Prepare management reports and provide backup support to the Business Loan Officer as needed

  • Maintain confidentiality and ensure compliance with internal policies and regulatory requirements

Who You Are
  • Detail-oriented with strong organizational skills

  • A collaborative team player who builds positive working relationships

  • Professional and clear communicator, both written and verbal

  • Comfortable managing multiple priorities in a fast-paced environment

  • At least 18 years old with a high school diploma or GED (college coursework preferred)

  • Relevant lending, processing, or financial services experience preferred, but not required for the right candidate

  • Eager to learn, grow, and contribute to a culture built on trust and service

What We’re Looking For

You’re someone who:

  • Communicates clearly and thoughtfully

  • Approaches busy days with a calm, solutions-focused mindset

  • Takes initiative and asks smart questions

  • Enjoys helping others succeed behind the scenes

  • Takes pride in accuracy, organization, and follow-through

  • Wants to be part of a team that genuinely cares

How to Apply

Ready to take the next step in your career?
?? Send your resume to hr
or apply directly through our careers page.

We’re excited to meet you!

Sentinel Federal Credit Union is an equal opportunity employer.
We celebrate diversity and are committed to creating an inclusive, welcoming environment for all employees.

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