Commercial Loan Assistant

Summary

Responsible for assisting Commercial Lenders in performing various routine and clerical duties. Duties will predominantly include working with lenders to prepare loan requests. Work closely with lenders, borrowers, and credit administration staff daily.

Essential Duties and Responsibilities

• Prepare and send internal loan checklist to centralized processing for generating loan documents.
• Order title work, appraisals, flood determinations, UCC searches, Environmental reports, and other data as needed.
• Review loan applications to verify data is complete & meets compliance requirements
• Work with title companies to schedule loan closings clear title issues if applicable
• Assists lender in obtaining necessary information from borrower, such as financial information and other data.
• Review closing documents before funding, confirm proper vesting legal descriptions, prove we have appropriate insurance in place, and clear any exceptions
• Upload all documentation and build electronic files. Upload the complete, signed loan file into the imaging system.
• Review and understand loan policy.
• Provide administrative assistance to loan officers and appropriate staff.
• Other duties as assigned.

Education And/or Experience

• High School Diploma or equivalent
• One to three years of commercial banking experience preferred.

Knowledge/Skills/Abilities

• Functional knowledge of Microsoft Office applications (Excel, Word, PowerPoint)
• Strong verbal and written communication skills
• Detail-oriented and able to work under pressure of deadlines
• Working knowledge of loan programs & types. Mortgage terminology. Must be familiar with compliance rules/regulations (Reg B, RESPA, Reg Z, Fair Lending, etc)
• All candidates will be required to complete a pre-employment background, credit, and drug screening

Physical Requirements

• Must exert up to 10 pounds of force occasionally and a negligible amount of force frequently.
• Must occasionally lift and move up to 25lbs.
• Specific vision abilities required by this job include close vision and the ability to adjust focus.
• Sitting for long periods.

Working Conditions

• General comfortable environment.
• Noise, heat, dust, and other problems are minimal.
• All employees are required to maintain a neat and safe work area.