Demo

Loan Coordinator

Northwest Bank
Cottonwood, UT Full Time
POSTED ON 3/20/2025
AVAILABLE BEFORE 5/19/2025
Description:

Summary:

The Loan Coordinator plays a pivotal role in bridging key areas of the credit process, ensuring that loan closing preparation and activities are packaged effectively for the Loan Administration Department. By serving as a central point of contact, the Loan Coordinator facilitates the movement of loan applications and documentation from final approval to closing, ensuring that every step is conducted accurately and in a timely manner. The Loan Coordinator coordinates closely with the Loan Administration Department to synchronize efforts, minimize delays, and uphold regulatory and procedural compliance. The Loan Coordinator is responsible for general loan portfolio management and tickler management reporting.

Requirements:

Essential Duties & Responsibilities:

  • Perform assigned duties in accordance with the Bank’s Mission, Vision and Core Values; and provide the Bank’s customers with timely, responsive and exceptional service in accordance with the Bank’s customer service standards.
  • Order flood determinations, environmental reports, preliminary title reports, UCC searches, credit reports, and other necessary loan reports; review and report any potential issues or discrepancies to the Relationship Manager (RM) and/or Assistant Relationship Manager (ARM).
  • Obtain proper evidence of insurance in accordance with Bank guidelines, to include flood insurance, if required.
  • Pre-document review: work collaboratively with RM/ARM to ensure accurate, complete and timely loan document requests are submitted to Loan Administration. Act as liaison between lending team and Loan Administration for both pre-document review and post loan signing.
  • Coordinate internal/external payoffs with Production and Loan Administration teams.
  • Responsible for ensuring all financial and other information needed for credit approval and loan portfolio administration is imaged in AccuLoan within defined Bank standards.
  • Manage post-close loan conditions; ensure all loan ticklers are set up properly; work with lending team to resolve in timely manner.
  • Monitor reports such as tickler, past-due and maturing loan reports, and work with lending team to resolve in a timely manner, as assigned.
  • Perform other duties as assigned.

Preferred Qualifications:

  • 3 years of experience in commercial loan processing and documentation.
  • Bachelor’s degree in Finance or Accounting a plus but not required.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, and ability to adjust focus. While performing the duties of this job, the employee is regularly required to sit; use hands and talk or hear. The employee is occasionally required to walk; reach with hands and arms and stoop, kneel, crouch, or crawl.

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 Loan Coordinator?

Sign up to receive alerts about other jobs on the Loan Coordinator career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$40,563 - $50,914
Income Estimation: 
$44,019 - $55,275
Income Estimation: 
$47,821 - $64,592
Income Estimation: 
$49,531 - $67,648
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$49,531 - $67,648
Income Estimation: 
$52,761 - $67,556
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$42,797 - $54,145
Income Estimation: 
$44,019 - $55,275
Income Estimation: 
$47,821 - $64,592
Income Estimation: 
$49,531 - $67,648
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Northwest Bank

Northwest Bank
Hired Organization Address Fishers, IN Full Time
Job Description Job Summary Assess development and learning needs while developing solutions that align with organizatio...
Northwest Bank
Hired Organization Address Buffalo, NY Full Time
Job Description ESSENTIAL FUNCTIONS: Actively involved in deal structuring and financial analysis of customers to ensure...
Northwest Bank
Hired Organization Address Fishers, IN Full Time
Job Description Job Summary The Treasury Management Direct Advisor is responsible for Sales of Treasury Management Servi...
Northwest Bank
Hired Organization Address Fairfield, CT Full Time
Job Description Job Summary The Commercial Banking Deposit Product Manager will work cross functionally with partners ac...

Not the job you're looking for? Here are some other Loan Coordinator jobs in the Cottonwood, UT area that may be a better fit.

Loan Coordinator

Northwest Bank, Midvale, UT

Bilingual Loan Processor - S

Dollar Loan Center, Salt Lake, UT

AI Assistant is available now!

Feel free to start your new journey!