Commercial Loan Specialist

GENERAL DESCRIPTION OF POSITION

The Commercial Loan Specialist is responsible for performing administrative duties involving the processing of business loans. The Commercial Loan Specialist is primarily responsible for assisting commercial lenders. Loan specialists verify, compile, and complete loan applications. In addition, this position will prepare new loan requests to submit to loan processing, review the loan file to verify that data is complete and meets established standards.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Provide outstanding customer service to customers and co-workers. 
2. Prepare new and renewal loan documents and correspondence with loan terms and conditions. 
3. Ensures loan documents are complete, accurate and recorded. 
4. Prepare and maintain commercial loan files according to specific loan requirements and bank policy. 
5. Manage inquiry calls and review with Loan Officer. 
6. Act as liaison between Loan Officer and loan processing, if applicable. 
7. Assist customer with wire transfers and loan advances. 
8. Review completed LOM for accuracy and submit to loan operations. 
9. Order supporting documentation. 
10. Perform pre-funding review. 
11. Close/fund loan if needed. 
12. Prepare loan package for shipping and booking. 
13. Pull maturity and past due reports. 
14. Inform officer of required documentation for loan renewals. 
15. Process draw requests / loan payments / transfers. 
16. Forward documents to loan operations for scanning. 
17. Handle loan research issues / questions. 
18. Completes required BSA/AML training and other compliance training as assigned. 
19. The ability to work in a constant state of alertness and in a safe manner. 
20. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

High school or GED, plus specialized schooling and/or on the job education in a specific skill area; e.g. data processing, clerical/administrative, equipment operation, etc., plus 2 years related experience and/or training, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to read and understand simple instructions, short correspondence, notes, letters and memos; ability to write simple correspondence. Ability to read and understand documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals; ability to write routine reports and correspondence. ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

CRITICAL THINKING SKILLS

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

N/A

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Intermediate: 10-Key, Spreadsheet, Word Processing/Typing
Basic: Accounting, Alphanumeric Data Entry, Contact Management, Database, Presentation/PowerPoint

WORKING CONDITIONS

Somewhat disagreeable working conditions. Continuously exposed to one or two elements such as noise, intermittent standing, walking, pushing, carrying, or lifting. May involve some travel and/or work is at times, in the evening or during the night hours.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

The following physical activities 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 and expectations.

Semi-repetitive, low physical. Semi-repetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks.

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

ADDITIONAL INFORMATION

-Must be able to type 60 wpm, 10-key by touch and working knowledge of office equipment
-Must be detail oriented and have an analytical aptitude
-Must have proficient Microsoft Office skills specifically MS Word, Excel and Outlook
-Must have strong organizational, interpersonal communications, public relations and outstanding customer service skills
-Must be an excellent team player and extremely perception person who is capable of relating to individuals at all various levels within the organization
-Must be able to balance multiple tasks simultaneously and handle frequent interruptions
-Must have strong time management skills