Job Title: Commercial Loan Coordinator
Position Type: Full-Time
Job Summary: The Commercial Loan Processor is responsible for coordinating administrative aspects of the commercial lending group. This role involves working closely with loan officers, clients, and various internal departments to ensure that commercial loans are processed accurately and efficiently, closed, funded and serviced in compliance with bank policies and regulatory requirements.
Key Responsibilities:
- Application Processing:
- Review and process commercial loan applications, ensuring that all required documentation is complete and accurate.
- Prepare and review loan documentation, including loan agreements and disclosures, ensuring compliance with internal policies and regulatory requirements.
- Coordination and Communication:
- Act as the support function to the commercial lending staff to facilitate efficient loan processing, closings and post-closing activities.
- Coordinate with internal departments, such as lenders, credit analysis, legal, and compliance, to facilitate smooth loan processing and servicing.
- Compliance and Quality Control:
- Ensure that all loan files are maintained with accuracy and in accordance with regulatory guidelines and internal procedures.
- Monitor and track loan processing timelines to ensure timely and efficient processing of applications.
- Identify and address any discrepancies or issues in loan applications or documentation.
- Documentation and Record-Keeping:
- Maintain detailed and organized records of all loan transactions and communications.
- Prepare and submit reports on loan processing activities, including application status and performance metrics.
- Process Improvement:
- Identify opportunities for process improvements and recommend enhancements to increase efficiency and accuracy in the loan processing workflow.
- Stay informed about industry trends, changes in regulations, and best practices related to commercial loan processing.
Qualifications:
- Education: High school diploma or equivalent required; associate’s degree or higher in finance, business, or a related field preferred.
- Experience: Minimum of 2-3 years of experience in commercial loan processing or a related role within a financial institution.
- Skills:
- Strong understanding of commercial loan products, processes, and regulatory requirements.
- Excellent organizational and time management skills, with a keen attention to detail.
- Proficient in using loan processing software and Microsoft Office Suite.
- Strong communication and interpersonal skills, with the ability to interact effectively with clients and team members.
- Ability to handle multiple tasks and prioritize effectively in a fast-paced environment.
What We Offer:
- Competitive salary and comprehensive benefits package.
- Opportunities for professional development and career advancement.
- A collaborative and supportive work environment.
- A commitment to work-life balance and community engagement.
The Bank of Kaukauna was founded in 1879. We have a rich history of serving the financial needs of individuals, businesses and the communities in the Fox Valley. We are a family-owned community bank who intend to stay that way. We care deeply for the people who serve our organization.
Note: This job description is intended to convey information essential to understand the score of the position and is not an exhaustive list of skills. Efforts, duties, responsibilities. Management may assign or reassign duties and responsibilities to the bog at any time.
Job Type: Full-time
Pay: $50,000.00 - $65,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Physical Setting:
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: In person
