What are the responsibilities and job description for the Commercial Lending Specialist I position at First Tech Federal Credit Union?
Description
The Commercial Lending Specialist assists in processing, tracking and fulfilling ongoing servicing of the commercial loan portfolio.
Here's what you can expect from the job and what you need to be successful :
Job Duties
Collect, track, review and archive active loan reporting requirements
Monitor covenant tracking system for hazard insurance, rate changes, UCC filings, annual reviews and loan maturities
Review commercial lending documents (in house and attorney-prepared) to ensure loan covenants on the loan approval and credit memo are met
Perform post-closing commercial loan audits
Collaborate with borrowers, and vendors such as accountants, title companies and brokers, underwriters and credit analysts to support the servicing of the loan
Essential Skills
Minimum 1 year experience in commercial lending loan servicing and business lending
Minimum of 9 credit hours of accounting preferred
Basic knowledge of accounting principles and practices
Ability to identify existing and potential issues and recognize the legal, transactional and business implications of existing and omitted document content
Strong analytical and problem solving skills; ability to resolve complex issues with minimal direction; excellent attention to detail
Ability to work autonomously to manage time effectively and prioritize work appropriately to meet deadlines
Strong business communication skills; able to write / speak clearly and professionally for a variety of stakeholders
Demonstrated ability to establish credibility and rapport with internal and external stakeholders
Proven ability to maintain confidentiality and professionally handle sensitive documents
Strong working knowledge of Microsoft Office Suite
Minimum Education : Associate's degree in Business Administration, other related fields of study is preferred, or equivalent work experience
Location : Hillsboro, OR 97124 | (HYBRID)
Target Compensation in Hillsboro, OR : $55k - $58k annually annual bonus
Benefits options include :
Traditional medical, dental, and vision coverage
401K matching up to 5% per pay period
Accrue up to 17 days of Paid Time Off your first year of employment
11 paid federal holidays
Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)
What makes First Tech different? Click here to learn more!
First Tech is not currently offering Visa transfer / sponsorship for this position
Keep a pulse on the job market with advanced job matching technology.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data Sets
What is the career path for a Commercial Lending Specialist I?
Sign up to receive alerts about other jobs on the Commercial Lending Specialist I career path by checking the boxes next to the positions that interest you.