Job Overview
Cornerstone Community Bank is seeking a detail-oriented Senior Loan Assistant to support our commercial, agriculture and consumer lending team. This role plays a vital part in the loan process, working with commercial loan officers to process loan applications from initial submission through closing. The ideal candidate will be organized, customer-focused, and able to manage multiple priorities in a fast-paced environment.
Loan Processing & Documentation
- Assist commercial loan officers in processing loan applications from application to closing
- Gather, verify and organize loan documentation including financial statements, tax return, business plans, and legal documents
- Prepare loan packages for credit analysis and presentation to loan committee
- Order and review appraisals, title work and other third-party reports
- Ensure all documentation meets bank policies, regulatory requirements and investor guidelines
- Provide support for agriculture loan processing when needed, including review of farm-specific documentation
Customer Service & Communication
- Serve as a primary point of contact for commercial, agriculture and consumer borrowers throughout the loan process
- Communicate loan status updates to borrowers, loan officers and other stakeholders
- Coordinate with attorneys, title companies, appraisers and other external parties
- Respond to customer inquiries in a timely and professional manner
Compliance & Quality Control
- Ensure all loans comply with bank policies and federal/state regulations
- Maintain accurate loan files and documentation in loan operating system
- Track and monitor loan conditions and covenants
- Assist with loan file audits and regulatory examinations as needed
Administrative Support
- Prepare loan closing documents and coordinate closings
- Input and maintain loan data in core banking system
- Generate reports for management and regulatory purposes
- Support portfolio management activities including tickler tracking and exception, covenant monitoring
- Assist with UCC filings and lien documentation
Requirements
- High school diploma or equivalent (Associate’s or Bachelor's degree preferred)
- 3+ years of experience in commercial lending, loan operations or banking
- Strong understanding of commercial, agriculture and consumer loan documentation and processes
- Knowledge of banking regulations and compliance requirements
- Excellent organizational and time management skills
- Strong attention to detail and accuracy
- Ability to handle confidential information with discretion
Preferred Qualifications
- Experience with commercial and consumer loan servicing systems
- Knowledge of agricultural lending practices and agriculture documentation (or willingness to learn)
- Previous experience with loan closing processes
Join us in delivering exceptional service by supporting our clients through every step of their homeownership journey! Your expertise will help uphold our commitment to responsible lending while fostering a positive experience for all borrowers.
Pay: $19.23 - $26.44 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Paid time off
- Retirement plan
- Vision insurance
Work Location: In person
