Commercial Loan Specialist (Hybrid)

Commercial Loan Specialist

About

With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations. As a Commercial Loan Specialist, you will provide support to commercial lending staff in commercial branches or banking centers. Process loan closings, attain loan perfection, and service loan customers.

Responsibilities

• Prepare all loan request documents. Gather customer income and net worth information. Answer customer questions.
• Responsible for ordering external agency reports such as titles, insurance, etc.
• Prepare commitment letters. Arrange for payoff of property liens.
• Coordinate loan closings and prepare disbursement checks.
• Responsible for verifying loan system accuracy for boarded loans.
• Responsible for ensuring each loan file meets bank and regulatory requirements.
• Responsible for making advances and payments on commercial lines. Balance commercial loan suspense accounts monthly.
• Responsible for complying with policies, procedures, security requirements, and government regulations.

Requirements

• H.S. Diploma: required (an equivalent combination of education and experience may be considered).
• 0 to 2 years of commercial loan support experience required.
• Preferred commercial loan servicing/support experience.
• Demonstrate ability to independently produce accurate work in a deadline-driven environment.
• Possess strong analytical skills with the ability to identify document errors or variances and make corrections.
• Ability to deliver professional, responsive customer service.
• Knowledge of accounting principles.
• Proficient in Word, Excel, and commercial loan systems.
• Knowledge of state and regulatory requirements pertaining to commercial loans.
• Travel: 0%

Compensation Range: $27.09 - $31.87 per hour.