Lending Assistant

Division: Commercial

Department: C&I Admin

Reports to: Commercial Administration Manager

Status: Non-Exempt

Grade: 8

Salary Range: $21.55 - $36.63

Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location: Needham, MA

Principal Objective

Perform typical administrative duties for Commercial Bankers. This work will include a high level of customer service for lending customers, coordination between departments within the bank and attorneys on behalf of the bank, and general clerical functions following standard practices and procedures under the direction of the Commercial Bankers. Excellent computer skills and business writing skills are required.

Key Accountabilities:

• Coordinate loan closings and prepare closing documents for new loans and modified

transactions.

• Prepare loan setup forms working closely with loan servicing.
• Prepare and have a working knowledge of legal documents and amendments for documented loans.
• Maintain in-process and existing credit files, in conjunction with credit analyst, portfolio managers and lenders.
• Prepare loan advances for existing loans.
• Perform research for lenders using the bank's database and loan files, as well as updating various reports.
• Prepare commitment letters, term sheets and other correspondence as necessary.
• Review loans for conformity with compliance policy and procedures.
• Order credit reports, flood certificates, and perform OFAC checks.
• Perform certain office manager related duties including ordering supplies and scheduling and maintaining the conference room.
• May require compiling loan presentations for Management and Executive Credit Committees.
• Providing administrative support to lending staff.

Education:

• Associates Degree or equivalent relevant experience

Experience:

• A minimum of three (3) years of experience in Commercial Lending, Loan/Deposit Operations.

Skills & Knowledge:

• Excellent written and telephone communication skills.
• Outstanding organizational skills.
• Computer proficiency including Word, Excel and Access.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.