POSITION DESCRIPTION
Commercial Loan Assistant
SUMMARY / OBJECTIVE
The commercial loan assistant will provide administrative and operational support to commercial lenders, borrowers, and credit analysts. The assistant will be responsible for the scheduling and coordination of closings, reviews of credit/ environmental investigations and preparation of closing documents. This person will perform administrative functions as requested, will coach team members, will answer customer inquiries, will prepare department reports and will resolve routine to complex problems.
EXPERIENCE & EDUCATION REQUIREMENTS:
ESSENTIAL JOB FUNCTIONS:
Prepares commitment letters, loan closing documents, attorney fee sheets and coordinates loan closings with outside counsel
Prepares modification agreements and ensures accuracy of both legal documentation and system of record
Conducts all necessary due diligence for commercial loans to include: orders and reviews appraisals and environmental reports, corporate searches; files uniform commercial code filings
Ensures loan files contain documents with proper signature, legal descriptions, closing dates and other relevant data
Ensures all loan and credit files comply with federal and state regulations
Responsible for timely follow up on post-closing items
Prepares and maintains internal spreadsheets tracking construction advances and percentage complete
Responsible to upload legal and credit file documentation to imaging system and maintenance of accurate bank records.
Answers telephone and assists customers concerning routine loan inquiries and assists customers with special needs or requests
Provides administrative assistance to loan officers as needed
Maintains knowledge of department policies and procedures through internal and external training activities
MutualOne Bank offers a competitive salary and an excellent benefits package which includes, medical and dental insurance, 401(k) plan with Bank match, paid vacation, paid holidays, group term life insurance, long term disability & short term disability insurance, flexible spending accounts, tuition reimbursement and an Employee Assistance Program.
MutualOne Bank provides equal employment opportunities to all employees in regards to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetics or status as a protected veteran.
Join our team and work at a Bank where employees drive the success of the company!
Required Skills Required Experience