Demo

Commercial Loan Operations Specialist

Northwest FCU
Herndon, VA Full Time
POSTED ON 3/1/2025
AVAILABLE BEFORE 5/25/2025

Overview :

The Commercial Loan Operations Specialist will be responsible for providing administrative and member service support to Commercial Relationship Managers, for both existing and prospective members. In addition, the Commercial Loan Operations Specialist is responsible for preparation and or / review of Commercial Loan documentation, disbursements of loan proceeds, and other duties as assigned.

Responsibilities :

  • Provide member services solutions, act as liaison between departments coordinating member needs
  • Provide assistance to co-workers with member inquires or problems. Ensure prompt and courteous response to customer inquiries
  • Send wires, provide account reviews and general maintenance
  • Order Appraisals, Environmental, Credit, Flood Certificates, and Title Reports, as needed
  • Prepare and process documentation related to new, renewed, and modifications to commercial and real estate loans
  • Coordinate with loan serving for funding to ensure all wires, fees, and payments have been processed
  • Review, Create, File, and Terminate UCC-1 and UCC-3 Financing Statements. Follow up to ensure proper recordings of liens and continuations
  • Conduct post-closing reviews and file management duties, post-closing file review, tracking, follow-up and exceptions items, maintenance of loan file, and document imaging
  • Review and assist in processing renewals no later than 60 days from maturity date. Request from borrower financial statements, tax returns and any other financial as required by the loan documents and credit union
  • Perform all other related duties as assigned
  • Remains cognizant of and adheres to NWFCU policies and procedures as well as regulations pertaining to the Bank Secrecy Act (BSA)

Qualifications :

  • High School diploma or equivalent
  • Minimum of 2 years' experience in commercial or SBA lending
  • Must reside in Florida or Virginia
  • Strong understanding of loan documentation
  • Experience in Laserpro or related software
  • Proficient in Microsoft Office Suite
  • Experience tracking numerical data of detailed organizational information
  • Ability to work effectively and cooperatively in a team environment
  • Ability to maintain confidentiality
  • Ability to perform tasks carefully, accurately, and in accordance with specific instructions
  • Proven experience as a self-starter with strong administrative and organizational skills, and an eagerness to learn
  • Must be able to work M-F 8am-5pm
  • NWFCU1

    EEO Notice :

    Northwest Federal Credit Union is an Equal Opportunity Employer and will consider all qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, protected veteran status or any other classification protected by law.

    NWFCU complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact the Human Resources Department at 703-709-8900 or HRDepartment@nwfcu.org.

    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 Loan Operations Specialist?

    Sign up to receive alerts about other jobs on the Commercial Loan Operations Specialist career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $41,344 - $53,285
    Income Estimation: 
    $48,050 - $64,197
    Income Estimation: 
    $48,514 - $65,011
    Income Estimation: 
    $42,524 - $54,094
    Income Estimation: 
    $48,050 - $64,197
    Income Estimation: 
    $48,514 - $65,011
    Income Estimation: 
    $48,050 - $64,197
    Income Estimation: 
    $62,792 - $92,726
    Income Estimation: 
    $35,994 - $46,615
    Income Estimation: 
    $42,524 - $54,094
    Income Estimation: 
    $41,344 - $53,285
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Northwest FCU

    Northwest FCU
    Hired Organization Address Herndon, VA Intern
    Overview Northwest Federal Credit Union is seeking qualified interns for our paid Summer Internship Program at our Corpo...
    Northwest FCU
    Hired Organization Address Herndon, VA Full Time
    Overview : The Mortgage Servicing Specialist is responsible for servicing all mortgage loans per regulatory guidelines t...
    Northwest FCU
    Hired Organization Address Herndon, VA Full Time
    The Fraud Analyst will work cross-functionally to prevent, mitigate, and manage fraud issues and risks. This role is res...
    Northwest FCU
    Hired Organization Address Herndon, VA Full Time
    Overview : As an Indirect Lending Loan Processor you will be responsible for the processing of assigned loans against cr...

    Not the job you're looking for? Here are some other Commercial Loan Operations Specialist jobs in the Herndon, VA area that may be a better fit.

    Loan Operations Specialist

    HIAS Inc, Silver Spring, MD

    Commercial Loan Documentation Servicing Specialist

    Chain Bridge Bank N.A, Mc Lean, VA

    AI Assistant is available now!

    Feel free to start your new journey!