Commercial Banking Administrator

JOB REQUIREMENTS

Commercial Banking Administrator - Full-Time (40 Hrs/Wk)

Location:

327 North 17th Avenue, Wausau, WI 54401, United States

Employee Type: FT Regular Exempt

We know what you’re thinking. "What kind of name is Incredible Bank?" Well, we’re glad you asked. With a name like Incredible Bank, we have a lot to live up to. Our name is a promise we make every day to our customers and to our team members (and hey, that could be you!). A promise that we strive to be incredible in everything we do.

A promise that will help our customers, fellow team members, and our communities to do the incredible. At Incredible Bank, we’re all about ICE. What’s ICE? ICE stands for Incredible Customer Experience TM (that’s right – an experience so good and so important we trademarked it). ICE illustrates the core values that drive everything we do – how we conduct business, how we treat each other, and how we continuously strive to build on our model of customer‑focused banking.

Our core values have been in place for more than 50 years and continue to influence every aspect of our operation today. So – how can you help us live up to our name?

We are eager to discuss the prospect of you joining our team as our next incredible team member! This position allows you to partner with other team members and key stakeholders to provide Incredible Customer Experiences of your own! Duties and responsibilities may include:

• Prepare thorough business loan documentation in strict adherence to the Bank's policies, procedures, and all relevant compliance regulations.
• Possess a deep understanding of commercial loan products and documentation, encompassing the entire process from loan application receipt to the preparation of closing loan documents, funding, and integration into the core bank system.
• Serve as a subject matter expert on consumer and commercial loan transactions, including commercial real estate, and special lending requests.
• Prepare executed loan packets for booking and coordinate with Loan Servicing to ensure booking occurs within three business days of document signing.
• Coordinate loan transactions with third parties including appraisers, title companies, real estate agents, and others.
• Handle customer correspondence, including RFP's, proposals, commitment letters, financial reporting requests, and covenant waivers.
• Serve as the primary or secondary contact for business customers, addressing inquiries related to loan history, payment applications, transfers, stop payments, wires, and more.
• Attend and assist with loan closings and customer calls as needed.
• Coordinate with the Credit Department to ensure the timely and efficient underwriting of new loan requests, renewals, and modifications.
• Maintain Business Banking Officers' loan production, fee income, pipeline, and call or referral reports via the Bank's CRM.
• Demonstrates strong expertise in interpreting and understanding credit approvals, due diligence, title commitments, formation documents, and more.
• This is a regular full-time salaried exempt position, averaging approximately 40 hours/week.
• Schedule may vary between the hours of 8:00 am to 5:30 pm CDT Monday through Friday.
• This position will work on-site at our Incredible Bank branch location on 17th Avenue in Wausau, WI.

You do what is right over what is easy. You don’t settle for good enough. You’re driven to learn and grow. You recognize your impact on the customer experience, regardless of your role. Those attributes are just a few things our incredible employees have in common. And, if you are looking for an opportunity to join a dynamic team, we’d be so excited to learn a little more about you and your interest in joining the team!

Our recommended and preferred qualifications are:

• 3-5 years of experience in business loan and legal documentation, as well as the business lending process.
• Intermediate knowledge of lending regulations and closing procedures, title and insurance policies.
• Proficiency in bank core processing software, including Baker Hill, Nex Gen, Laser Pro, and Jack Henry Silverlake.
• Self-motivated and detail oriented.
• Skilled in presenting information and addressing…