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Commercial Loan Operations Specialist

Job Description - Commercial Loan Operations Specialist

About this position:

The Commercial Loan Operations Specialist role is responsible for performing a variety of routine and non-routine daily loan operations activities, documentation preparation, and follow-up of commercial loans.

What you'll do:

  • Performs day-to-day loan operations functions for all lending transactions booked by the Commercial Loan Operations Department.

  • Interact closely with loan processors and lenders.

  • Responsible for booking loans in Silverlake system.

  • Prepare and file UCC Continuations.

  • Maintain insurance tracking – Communication with members & insurance agents for policy coverage on loan renewals.

  • Escrow monitoring and order tax service contracts.

  • Handle general Member inquires, both external and internal. Exceed Member expectations by making their needs a priority.

  • LaserPro Doc Prep/Review.

  • Imaging of loan documents.

  • HMDA/Adverse Action reports.

  • Construction loan monitoring and disbursements.

  • All other duties as assigned.

What You'll Bring:

  • Two years banking or equivalent experience, preferably in loan operations, with a thorough knowledge of the loan service process

  • Requires strong attention to detail and organizational skills

  • Good verbal & written communication and effective problem-solving skills.

  • Time management for understanding the urgency of Member needs.

What You’ll Get:

  • All Employees: weekly pay and retirement savings options.

  • Full-Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.

  • To see a full list of our benefit offerings – check out this helpful guide!

Have additional questions about the role? Email the Talent Acquisition Team at: [email protected]. 

  • If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to P.O. Box 2848, Grand Rapids,  MI 49501-2848.

LMCU is an Equal Opportunity Employer

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