Commercial Banking Associate

Job Description

Job Description

American Commercial Bank & Trust, NA

Commercial Banking Associate - ON SITE in Schaumburg, IL

American Commercial Bank & Trust is currently seeking well-organized and client-focused candidates for our Commercial Banking Associate position, which is located in our Schaumburg, IL Office. The primary responsibility of the Commercial Banking Associate (CBA) is to provide a high level of service to Bank clients, prospects, and internal associates. This customer service role works in tandem with Commercial Loan Officers to compile and prepare loan presentation summaries in a timely and accurate manner. This individual will be responsible for processing approved loan requests from inception to closing, maintaining exception-free credit files, and managing a growing portfolio of loan and deposit clientele.

Key job duties and responsibilities include the following:

• Acts as a liaison between Lenders, Clients and third parties to obtain and maintain documents required for new and existing loan underwriting and depository relationships.
• Reviews documents which support underwriting such as organizational documents, title commitments, financial statements, appraisals, and construction draw documentation.
• Support the Lending Officer(s) in monitoring HMDA and CRA reporting.
• Maintain knowledge of the Bank's Loan Policy to ensure accuracy of loan presentations and of documentation.
• Facilitate loan documentation and coordinate and conduct loan closings.
• Open business accounts and review daily account activity reports.
• Manage financial and collateral exceptions of assigned portfolio within bank standards.
• Generate deposit account documentation and maintain knowledge of Treasury Management services.
• Other projects and duties as assigned, including ongoing training and learning.

Education and Experience:

• Seeking 3+ years of prior experience with processing and closing commercial loans for middle market clients, and high level of client interaction.
• Bachelor's degree in business preferred.
• Will also consider more years of experience with processing and closing commercial loans in lieu of bachelor's degree.

Skills and Abilities:

• Ability to prioritize competing tasks and exhibit strong written and verbal communication skills.
• Attention to detail and strong organizational skills.
• High level of responsiveness and follow-through with both internal and external customers.
• Strong problem-solving abilities and resourcefulness in finding solutions and answering challenges.
• Strong working knowledge of Microsoft Suite; experience in the FIS Horizon banking platform and Loan Vantage preferred.

American Commercial Bank & Trust is an Equal Opportunity Employer (Protected Veterans, and Individuals with Disabilities).

A comprehensive benefits package offered for Full-time positions, including medical, dental and vision coverage, Life/STD/LTD plans, Flexible Spending Account, H.S.A., 401k with company match, ESOP, paid vacation, sick time, and holidays. For more information on our branch locations, visit us online at:

Candidates will be required to submit to a background check when presented with a conditional offer of employment.