What are the responsibilities and job description for the Commercial Lending Administrator position at Northern Bank?
The Commercial Lending Administrator provides ongoing support to the Commercial Loan Officer's on assigned commercial accounts. The Commercial Lending Administrator determines pertinent information required for the preparation and review of loan documentation and is responsible for the processing / maintenance of all commercial loan files. The position also provides operation an administrative support to ensure a smooth workflow between various departments.
ESSENTIAL FUNCTIONS
- Create and review loan documents for all commercial lending closings.
- Act as the liaison between bank, attorneys and borrowers to assist in resolving any pre and post-closing issues in the absence of the Loan Officer.
- Request / retrieve missing legal documentation from borrowers and attorneys.
- Review loan closing packages to ensure all documents are received and executed.
- Timely and accurate organization and maintenance of electronic files.
- Provide administrative support to lending staff.
- Monitor pipeline reports.
- Verify evidence of insurance for closings.
- Preparation of Modification Documents on existing loans.
- Perform additional ad hoc duties as requested.
QUALIFICATIONS
About Northern Bank & Trust Company
Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook ( / NorthernBankM A / ), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company / northern-bank-ma / ).
