Commercial Loan Coordinator

Behind every successful commercial loan is a team of talented professionals working together to make it happen. If you're organized, detail-oriented, and ready to play an important role in supporting local businesses and communities, Chesapeake Bank may have the perfect opportunity for you. At Chesapeake Bank, we're committed to helping our customers, businesses, and communities thrive. We're looking for a Commercial Loan Coordinator who is ready to bring their talents to a collaborative team that values relationships, accuracy, and exceptional service.

As a Commercial Loan Coordinator, you'll be an important member of our Credit Department, helping support the process that allows businesses to grow, invest, and succeed. You'll work alongside experienced banking professionals in a fast-paced, team-oriented environment where attention to detail and a commitment to excellence are highly valued. If you enjoy staying organized, building strong working relationships, and tackling new challenges each day, you'll find opportunities to learn, grow, and make a meaningful impact at Chesapeake Bank.

Ready to build a rewarding career with a financial institution that values both excellence and fun? Our team is known for high levels of employee engagement and a culture that encourages collaboration, professional development, and community involvement. We believe we're only as strong as the communities we serve, which is why giving back is an important part of who we are.

• Competitive salary and comprehensive benefits package.
• Opportunities for professional growth and career advancement.
• A supportive and collaborative work environment.
• The opportunity to make a meaningful impact within a growing organization.
• A culture that values teamwork, community involvement, and having fun along the way.

The Commercial Loan Coordinator (LC) is responsible for the efficient, accurate, and timely processing of commercial loan requests, renewals, and modifications. The LC serves as the primary liaison between the front line, including Loan Officers and Commercial Loan Assistants (CLAs), and Document Preparation (Doc Prep). The position validates that each file is prepared for closing by confirming that the analysis, approval, third-party due diligence, and all data required for document preparation are complete, accurate, and consistent with Bank policy and regulatory requirements.

• Perform a preliminary review of loan closing requirements in preparation for closing, booking, and funding, including validation of approved terms and conditions.
• Maintain accurate loan, collateral, closing, and due-diligence information in the Bank's loan origination system, including the status of approval conditions, outstanding documentation, closing requirements, and third-party reports.
• Order appraisals or evaluations and title work, as needed.
• Request or order necessary due diligence and supporting documents, including flood certifications, UCC searches, environmental reports or studies, and other required items.
• Maintain appropriate communication with third parties to ensure required documentation is obtained before closing.
• Perform appraisal review duties in accordance with Bank policy, the Uniform Standards of Professional Appraisal Practice (USPAP), and applicable appraisal regulations and requirements.
• Review title commitments to confirm the required lien position and identify permitted exceptions.
• Review insurance documentation to confirm required coverage, limits, deductibles, collateral descriptions, mortgagee or loss-payee provisions, and effective dates are consistent with…