Loan Assistant

The Commercial Loan Assistant works under the EVP, Loan Officer or Chief Lending Officer and is responsible for providing essential, administrative and technical support to commercial lenders, facilitating the loan process and ensuring compliance with regulations while being an integral part of managing the customer’s experience:

Create commercial loan files, responsible for maintaining department files in an accurate and efficient manner

Perform procedures related to advances, pay downs, and disbursement process

Prepare and review documentation of commercial loan closings as needed

Orders required due diligence items (i.e. Appraisals, Property Inspections, etc.)Reviews accuracy and proper use of tracking reports for key information such as Flood Insurance, Property Tax Insurance, UCC’s, etc.

Liaison with loan officers, customers and third-party professionals (attorneys, appraisers, inspectors, etc.) to close loans in conformity with approved terms and conditions

Prepares funding information

Verifies that all pre-closing conditions have been met prior to authorizing funding

Approves daily overdrafts and determines if it will be charged, if the item will be paid or returned, etc. based on authority limits

Verify accuracy of wire request with customers prior to sending for approval

Consult with customers about the financial information needed for accounts and loans

Track inspection reports to verify accuracy of construction draws.

Manage exception reports including contacting customers for current financials

Manage maturing loan list including customer contact regarding loan renewals

Liaison between customers and other departments

Supports lending team KNOWLEDGE, SKILL AND ABILITIES Proficient document management skills

Advanced experience with Microsoft Office Suite Ability to multitask while maintaining a high degree of attention to detail and accuracy

Excellent analytical problem-solving capabilities; ability to exercise independent judgment in methods, techniques and evaluation criteria for obtaining results

Able to exercise a high degree of confidentiality

Excellent and proactive calendar management skills

Excellent organizational skills

High level of integrity and discretion in handling confidential information and professionalism in dealing with people inside and outside of the company

Highly energetic and self-starter

Thoughtful decision-making, problem resolution and creative thinking skills a must

Be accountable and responsible with ability to learn from mistakes and feedback

Have a positive attitude EDUCATION AND EXPERIENCE Banking experience required

Bachelor’s degree preferred2+ years’ experience with Commercial lending preferred

We are an Equal Opportunity Employer M/F/D/V. provides reasonable accommodation for persons with disability.