Commercial Loan Assistant
Our Woburn area bank client is partnering with Moore staffing to hire a Commercial Loan Assistant to report directly to the President of the Bank. This position is responsible for working with Commercial Lenders to provide efficient and effective administrative support for the Commercial Loan Department. Our client is offering a competitive salary and benefits package for this full-time direct hire role.
· Preparing correspondence and commitment letters for borrowers
· Accurate and timely preparation of documentation for new and existing commercial loans including closing documents for loan officer, attorneys, commercial customer and outside vendors
· Assists in accurate maintenance of portfolio documentation through research and collection of required documentation including credit reports, tax returns, collateral, environmental reports and financial information.
· Verifies and processes customer advances on Lines of Credit
· Monitors pipeline report
· Set up new Commercial Loan on Bank’s system
· Provides day to day administrative support to Commercial Lenders
· Associates Degree or equivalent
· 5 Years of Office experience or commercial loan administration
· High level of accuracy and detail oriented
· Ability to meet deadlines and prioritize work flow
· Proficient in Microsoft Word and Excel