Commercial Loan Processor I

ESSENTIAL FUNCTIONS:

Supports the processing and coordination of commercial loan transactions

• Assists with reviewing loan applications and documentation to ensure completeness and

accuracy.

• Verifies loan terms and approval conditions are properly documented.
• Ensures required financial information is obtained based on the nature of the request.
• Prepares attorney instruction letters.
• Coordinates closing timelines with Loan Officers, attorneys, and other involved

parties.

• Assists in preparing loan files for closing, ensuring all required documentation is in

place.

• Identify and resolve issues that may delay loan processing or approval.

Coordinates with internal and external partners to support loan processing

• Order and review third-party reports such as appraisals, title reports, environmental

assessments, flood certifications, good standing searches, etc.

• Contacts insurance companies to verify coverage and lienholder information.
• Communicate with Loan Officers, customers, attorneys, and third parties to obtain required

information.

• Follows up on outstanding items to ensure timely loan processing and closing.

Performs documentation review and file maintenance

• Reviews loan files to ensure accuracy, completeness, and compliance with approval

terms.

• Identifies missing or incomplete information and follows up as needed.
• Maintains organized and complete loan files in accordance with bank policies and regulatory

requirements.

• Completes commercial loan processing worksheets and updates internal tracking systems.

Supports credit and reporting processes

• Assists with gathering information for Credit Committee and Board reporting.
• Provides requested reporting and supports tickler tracking for loan documentation and

exceptions.

Provides general support to the Commercial Loan Department

• Responds to routine inquiries from Loan Officers, customers, and internal staff regarding loan

balances, payoffs, and account information.

• Process advances on LOC's and construction loans.
• Conducts account research to support a complete understanding of customer

relationships.

• Maintain accurate records and documentation in loan processing systems.
• Attends department and staff meetings.
• Performs other duties and special projects assigned.

REQUIRED SKILLS / ABILITIES:

• Strong attention to detail and organizational skills.
• Effective written and verbal communication skills.
• Ability to manage multiple tasks and meet deadlines.
• Ability to follow established procedures and work both independently and within a team.
• Strong problem-solving skills and ability to identify missing or inconsistent

information.

• Proficiency in Microsoft Office Suite (Word, Excel) or similar software.
• Ability to handle confidential information with professionalism and discretion.

SUPERVISORY RESPONSIBILITIES:

This position does not supervise employees.

EDUCATION AND EXPERIENCE:

• High school diploma or equivalent required; associate or bachelor's degree in business, Finance,

or related field preferred.

• 1-3 years of commercial loan processing, loan operations, or related banking experience

required.

• Basic knowledge of commercial loan documentation and underwriting processes preferred.
• Experience working with financial statements, credit reports, and loan documentation

preferred.

• Notary Public designation preferred or willingness to obtain.

PHYSICAL QUALIFICATIONS:

• Ability to concentrate and perform responsibilities by maintaining a constant state of focus and

mental alertness.

• Ability to lift up to 25 pounds.
• Ability to communicate in person, through email or via telephone with customers and staff

members.

• Ability to sit or stand for an extended period.
• Specific vision abilities required by this job may include close vision and the ability to

adjust focus.

• Reasonable accommodation may be made to enable individuals with disabilities to perform the

essential functions.