Commercial Loan Coordinator

Frontier Community Resources

Twin Falls, ID

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JOB DETAILS

SKILLS

Accounting, Auditing, Business Administration, Business Loans, Business Support, Centers for Disease Control and Prevention (CDC), Commercial Banking, Commercial Loans, Communication Skills, Customer Relations, Customer Support/Service, Data Analysis, Data Processing, Data Quality, Detail Oriented, Documentation, Economic Development, Entrepreneurship, Establish Priorities, Finance, Financial Operations, Financial Reporting, Financial Services, Funding, Loan Documents, Loan Funding, Loan Review, Loan Servicing, Loans, Maintain Compliance, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft Word, Multitasking, Operational Support, Organizational Skills, Payment Processing, Presentation/Verbal Skills, Problem Solving Skills, Process Improvement, Reconciliation, Regulations, Regulatory Compliance, Regulatory Requirements, Reporting Skills, Rural Development, Small Business, Time Management, Treasury, United States Department of Agriculture (USDA), United States Treasury, Writing Skills

LOCATION

Twin Falls, ID

POSTED

16 days ago

This job was posted by https://idahoworks.gov : For more information, please see: https://idahoworks.gov/jobs/2559659 NOW HIRING: COMMERCIAL LOAN COORDINATOR Salary and Benefits Salary: \$52,000 \$57,000 (based on qualifications and experience) Benefits (eligible after 60 days): Medical and dental insurance; optional Health Savings Account (HSA); life insurance; retirement plan (403(b) with employer contribution (participation eligible after six months); vacation, sick leave, and Employee Incentive Plan. About Frontier Community Resources Frontier Community Resources is a private, not-for-profit organization dedicated to fostering economic growth and diversification in southern Idaho. As a Certified Development Company $CDC$ recognized by the U.S. Small Business Administration (SBA), we administer the SBA 504 loan program and several other federally funded loan programs in partnership with the Economic Development Administration (EDA), USDA-Rural Development (USDA-RD), and the U.S. Department of Treasury (Treasury). Why Join Us? Youll be part of a team that helps Idaho entrepreneurs and small business owners start, grow, and expand their businesses. Join a dedicated team committed to supporting small businesses across Southern Idaho. Position Overview: Commercial Loan Coordinator This role plays a critical part in delivering small business lending programs and maintaining compliance with federal and state requirements. The Commercial Loan Coordinator supports loan servicing activities, including payment processing, data tracking, and reporting, while ensuring accuracy, regulatory compliance, and a high level of service to borrowers and partners. This role offers the opportunity to gain hands-on experience in commercial lending, federal loan programs, and financial operations. Key Responsibilities Maintain accurate and up-to-date loan balances, payment histories, and supporting documentation within internal systems. Process and reconcile monthly loan payments, ensuring timely and correct application to borrower accounts. Partner with the Director of Finance to track, monitor, and reconcile loan program balances and funding activity. Monitor for and resolve payment discrepancies, including identifying and following up on returned or insufficient payments to ensure prompt correction. Generate and distribute annual interest paid statements in compliance with regulatory requirements. Track and verify borrower insurance coverage, ensuring policies remain active and meeting program requirements. Provide responsive and professional customer service to borrowers, addressing inquiries related to loan accounts, payments, and documentation. Compile, analyze, and validate data to prepare reports for management, audits, and funding partners (e.g., SBA, USDA, Treasury). Review loan files for accuracy, completeness, and compliance with internal policies and external regulations, identifying and resolving deficiencies. Support process improvements by identifying inefficiencies in loan servicing, reporting, or data tracking and recommending enhancements. Assist with maintaining and updating loan management plans. Perform additional duties and special projects assigned to support company operations. Qualifications Key Skills: Loan servicing, data analysis, regulatory compliance, customer service, financial reporting. Associates degree in business, finance, accounting, or a related field required; bachelors degree preferred. Equivalent combination of education and relevant experience may be considered. Prior experience in commercial lending, banking, financial services, or loan servicing preferred. Strong understanding of basic financial concepts, loan documentation, and regulatory compliance principles is a plus. Excellent written and verbal communication skills, with the ability to interact professionally with clients, team members, and external partners. Demonstrated customer service skills with a commitment to responsiveness, accuracy, and professionalism. High level of attention to detail and accuracy, particularly when working with financial data and documentation. Proficiency in Microsoft Office Suite (Excel, Word, Outlook) and experience with financial or loan management software; ability to learn new systems quickly. Strong organizational and time management skills, with the ability to prioritize multiple tasks and meet deadlines in a fast-paced environment. Ability to analyze data, identify discrepancies, and resolve issues with sound judgment. Ability to wo

About the Company

Frontier Community Resources

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