What are the responsibilities and job description for the Commercial Loan Administrator I position at b1BANK?
Summary
The Commercial Loan Administrator supports Bankers and the Lending Department in processing loan applications, preparing documentation, and maintaining effective communication with clients and internal/external stakeholders. This role is responsible for ensuring the accuracy and uniformity of all legal and loan documents and minimizes the risk of loss to the Bank.
Specific Job Functions
- Provide support to the Bankers and staff including updating loan data and assembling proper documentation for client loans.
- Process loan applications including interacting with the client to gather information and signatures.
- Gather information for loan processing including credit reports, tax filings, business entity searches, lien searches and title work.
- Ensure the completeness of loan files including proper documentation, valuations, and other relevant data.
- Fund loans and process payments and draws.
- Provide customer service by answering phone and written inquiries regarding loan information.
- Actively refer leads on loans, brokerage, and other services to appropriate specialist.
- Participate and complete Sales, Service, and Compliance and Product training.
- Represent the bank in community affairs or civic organizations.
Minimum Job Requirements
- High School diploma or equivalent is required.
- Associate degree is preferred.
- 0 – 2 years of commercial or small business loan experience is preferred.
- Must have basic knowledge of loan documentation and operation.
- Must have good interpersonal and communication skills.
- Must have working knowledge of computer skills to include Microsoft Suite.
- Must have good organization and time management skills.
- Must have a good understanding of banking products and services.
Equal Opportunity Employer/Veterans/Disabled
