Commercial Loan Coordinator 2026

Job Description

Job Description

Chesapeake Bank

Join Our Team as a Commercial Loan Coordinator!

Salary Range: $44,300 - $66,600

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.

About the Role:

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.

Why Join Us?

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.

What We Offer:

• 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.

Ready to Make a Difference?

If you're ready to take the next step in your career and join a team that is committed to helping customers, supporting communities, and making a difference every day, we'd love to hear from you. Apply today and discover what it's like to be part of The Chesapeake Way.

Summary:

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.

Responsibilities:

• 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 the approval and Bank requirements.
• Identify and promptly escalate approval inconsistencies, policy exceptions, title defects, documentation deficiencies, compliance concerns, and other issues that could delay or prevent closing or funding.
• Verify that underwriting and approval conditions are satisfied before closing and that loan terms and system data match the approval and supporting documentation.
• Work directly with the Doc Prep team in the preparation of pre-closing documents and completing a final review for accuracy and completeness.
• Schedule and manage commercial loan closings, coordinating timing, documentation, funding requirements, and responsibilities among Loan Officers, CLAs, Doc Prep, internal stakeholders, and external settlement parties.
• Coordinate and, when assigned, authorize or process the disbursement of loan proceeds for transactions closed through attorneys, title companies, or other settlement agents after confirming all funding conditions are satisfied.
• Understand your role as defined by the three lines of defense to maintain a compliance culture that includes risk management processes.
• Perform other duties as assigned.

Requirements:

• Bank credit experience is preferred.
• Experience in loan processing, lending operations, or a related financial services role is preferred.
• Excellent knowledge of real estate, title work, insurance is preferred.
• Working knowledge of Microsoft applications and the ability to learn and use loan origination and related banking systems.
• Strong attention to detail with the ability to manage multiple tasks and deadlines.
• Excellent customer service skills and problem-solving skills.
• Strong attention to detail and a demonstrated commitment to accurate, complete, and high-quality work.
• Ability to organize and manage multiple loan requests, projects, deadlines, and competing priorities.
• Excellent written and verbal communication skills and the ability to work professionally with customers, lenders, internal teams, and third-party providers.
• Ability to work independently while cooperating effectively with Loan Officers, CLAs, Doc Prep, and other business partners.
• Adaptability and willingness to respond positively to changing priorities, procedures, and regulatory requirements.
• Knowledge of ethical business practices and applicable laws, rules, regulations, and Bank policies.

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