Commercial Lending Assistant

SUMMARY/OBJECTIVE:

The Commercial Lending Assistant provides ongoing Customer service and documentation support as Loan Officer’s liaison on assigned commercial accounts. The Commercial Lending Assistant determines pertinent information to gather from a variety of sources, coordinates the preparation and review of loan documentation and is responsible for the processing/maintaining of all commercial loan files. The position also provides operational administrative support to ensure a smooth workflow between various departments.

ESSENTIAL FUNCTIONS:

• Verifies evidence of insurance, requests updated financial information
• May manage portfolio risk by highlighting maturities, overdrafts, and delinquencies.
• Verifies and processes Customer advances on lines of credit
• Liaise with attorneys to assist in resolving any closing issues in the absence of the Loan Officer
• Request/retrieve missing legal documentation from Borrowers and Attorneys
• Assist customers with commercial banking needs including advances and new accounts
• Set up Borrowers in Credit Quest, maintain electronic files for loans
• Track financial statements and tax returns for both Borrower and Guarantors and send updates to credit and loan closing as needed.
• Files documentation in commercial /electronic files
• Track and request environmental reports, appraisals, and construction consultants to be engaged
• Manages Loan Officers Construction Pipeline, i.e.:  update various construction reports, organizes draw requests, monitor construction budgets.  
• Monitor pipeline reports
• Provided day to day administrative support to Commercial Lenders

JOB QUALIFICATIONS:

• Proficient in Microsoft Excel, Microsoft Word, computers and lending software
• Good communication and organizational skills
• Ability to prioritize work flow in a multi-tasking environment
• Ability to work independently as well as in collaboration with a team
• Bachelor’s degree and experience in working in a corporate environment preferred.