Commercial Loan Administration Specialist

Commercial Loan Administration Specialist

We are a professional staffing firm, working with organizations across the country to place exceptional candidates. Currently, we are looking for a Commercial Loan Administration Specialist for our credit union client, responsible for performing a variety of commercial loan and deposit duties within their Business Financial Services Department. Ranked Top 10 Best Places to Work in financial services in AZ for 2025 by AZBIGMEDIA.

Your specific duties will include:

• Support commercial lending staff throughout the loan origination, approval, closing, and servicing processes.
• Order, track, and maintain required loan documentation, including appraisals, title policies, environmental reports, and collateral files.
• Process business loan transactions, including payments, payoffs, transfers, and participation loans within the core banking system.
• Review loan requests and supporting documentation to ensure compliance with underwriting guidelines, policies, and regulations.
• Maintain and update collateral, credit, appraisal, and loan covenant tracking files.
• Monitor delinquency reports and follow up with members regarding outstanding loan obligations when appropriate.
• Board approved loans onto the core system and ensure accurate data entry and record maintenance.
• Research and resolve loan-related inquiries from members, vendors, and internal departments.
• Process vendor invoices and payments related to loan servicing activities.

Deposits

• Assist applicants with business membership and deposit account documentation and account setup.
• Maintain knowledge of business deposit products, account functions, and related documentation requirements.
• Respond to applicant inquiries, emails, mail correspondence, and online requests in a timely and professional manner.
• Support commercial lending officers with member service and basic product and service recommendations.
• Develop and maintain procedures, checklists, and workflows to improve operational efficiency and compliance.
• Maintain accurate records and ensure proper account maintenance within the core banking system.

Required qualifications for the position include:

• 5 Years of Business lending experience.
• High school diploma or equivalent required.
• Strong knowledge of commercial loan servicing, documentation, and deposit operations.
• Experience working with core banking systems and loan processing platforms preferred.

Pay Rate Range: $60,000-$75,000 annually Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Employees have access to healthcare benefits including medical, dental, and vision as well as a 401(k) plan. Workway can help you to put your best foot forward. Workway, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances.