Commercial Lending Administrator

Job Description

Job Description

We are looking for a Commercial Lending Administrator to support commercial loan transactions from approval through closing and funding in Massachusetts. This contract opportunity has the potential to become permanent and is ideal for someone who can manage documentation workflows, coordinate with cross-functional partners, and keep transactions moving efficiently. The role plays a key part in ensuring loan files are accurate, complete, and aligned with approved terms and compliance standards. This is a fully onsite (NO REMOTE), long term (Contract to hire) opportunity for a qualified candidate.

Responsibilities:

• Draft, organize, and finalize commercial loan documents required to move transactions from approval to closing and funding.

• Examine loan packages to confirm documents match authorized credit terms, underwriting conditions, and deal structure.

• Partner with lending, credit, and legal teams to clear outstanding items related to documentation, collateral, and closing requirements.

• Evaluate insurance documentation to verify appropriate coverage is in place for each transaction.

• Track closing progress through detailed checklists and follow up on pending approvals, signatures, and supporting documents.

• Coordinate funding activities and disbursement details, including review of settlement statements and legal billing materials.

• Prepare amendment and modification paperwork for existing commercial lending relationships.

• Monitor active loan pipelines and help ensure transactions are completed within established timelines.

• At least 2 years of experience in commercial lending operations, loan documentation, closing support, or a related paralegal background.
• Hands-on knowledge of commercial loan documentation and the closing process.
• Ability to interpret credit approvals, credit memos, and finalized loan terms with accuracy.
• Strong attention to detail with the ability to review documents thoroughly and identify discrepancies.
• Proven organizational and time-management skills in a deadline-driven environment.
• Familiarity with collateral documentation, closing documents, and commercial insurance review.
• Proficiency with Microsoft Office and exposure to loan processing platforms such as nCino or Salesforce is preferred.