Assistant Commercial Lender

Description

Leader Bank is looking for exceptionally dedicated team members to join one of the region’s fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4.5 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.

Exemplary products and an innovative spirit have driven Leader Bank’s rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always improve our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.

Summary

The Assistant Commercial Lender provides ongoing client service and documentation support as the SVP Chief Lending Officer’s liaison on assigned commercial accounts. The Assistant Commercial Lender determines pertinent information to gather from a variety of sources, coordinates preparation and review of loan documentation, and is responsible for the processing and maintenance of all commercial loan files.  They will also provide operational and administrative support to ensure a smooth workflow between various departments.

This is a great opportunity for Commercial Credit Analysts or Commercial Portfolio Managers to advance as an Assistant Commercial Lender under the guidance and mentorship of the SVP Chief Lending Officer.  This will be a hybrid role associated with our Corporate Office in Arlington, MA.

Responsibilities

• Verifies evidence of insurance and requests updated financial information.

• Assist in managing portfolio risk by highlighting maturities, overdrafts, and delinquencies.

• Verifies and processes client advances on lines of credit.

• Liaise with attorneys to assist in resolving any closing issues.

• Request and retrieve missing legal documentation from borrowers and attorneys.

• Assist clients with commercial banking needs including advances and new accounts.

• Track financial statements and tax returns for both borrower and guarantors and send updates to credit and loan closing as needed.

• File documentation in electronic files.

• Track and request environmental reports, appraisals, and construction consultants.

• Assist in managing pipeline and portfolio by updating various construction reports, organizing draw requests, and monitoring construction budgets and pipeline reports.

• Provided day-to-day administrative support.

Requirements

• Bachelor’s Degree and experience in working in commercial banking is required.

• Knowledge of computers and lending software.

• Proficient in Microsoft Excel and Microsoft Word.

• Good communication and organizational skills.

• Ability to prioritize workflow in a multi-tasking environment.

• Ability to work independently as well as in collaboration with the team.

Leader Bank offers an excellent compensation and benefits package including 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast-growing, local organization.

Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status, or any other protected class.

Qualifications