Commercial Loan Administrator

Commercial Loan Processor

Under general supervision, but following established policies and procedures, this position is responsible for the processing of commercial loans. Provides support to all areas of the Commercial Banking department by preparation of documents, tracking files, ensuring conformity of documents to policies and regulations, and maintaining various reports. Regular interaction with clients, attorneys and others with questions about loan payments, payoffs, other transactions and basic loan questions in a professional manner.

Essential Functions

• Coordinates preparation of commercial loans and commercial real estate loan documents under the direction of commercial banking officers and the credit department.
• Frequent contact and interaction with customers, attorneys, accountants and other professionals for the completion of assigned tasks.
• Recognizes the appropriate documents for each type of loan and obtains any missing/incomplete documents.
• Ensures that documentation adheres to bank policies and laws and regulations applicable to the extension of credit.
• Performs specialized servicing tasks and conducts research to resolve account problems.
• Responsible for regular required tracking and reporting on SBA guaranteed loans.
• Works in conjunction with the Compliance Officer on compliance regarding commercial loan files. Assists in preparing responses to the bank's outside Compliance Consultant regarding commercial loan findings.
• Complies with all applicable regulatory requirements and performs additional duties as assigned.

Supervisory Responsibilities

This position has no supervisory responsibilities.

Competencies

• Math and financial calculation skills
• Problem solving
• Client Focus
• Verbal and written communication
• Effective, professional communication with clients, vendors and regulators both written and oral.
• Understand and perform basic lending calculations.
• Report preparation as needed.
• Proficient in Microsoft Office, core banking systems, and internet-based tools

Qualifications

• A minimum of four years' experience in a banking position with progressively increasing responsibilities is required in lieu of a formal education.
• A college degree may be substituted for some experience level.
• Ability to work accurately and effectively in a fast-moving work environment
• 4 + years' experience in lending, consumer or commercial.
• Familiarity with Laserpro loan documentation a plus.
• Experience with SBA loans and loan processing requirements a plus.

Training and Compliance

Specific compliance training is assigned for this position upon hire, transfer and annually. It is expected that all assigned training will be completed in the time allotted.

Position Type/Work Schedule

Full time, 40 hours per week, Monday through Friday

Work Environment

This job operates in a professional office environment using technology generally seen in that environment.

Physical Demands

Sit or stand for long periods of time, bending, lifting, and driving. Extensive keyboarding.

Other Duties

Please note, this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.