Business Banking Loan Coordinator, Onalaska WI

Altra Federal Credit Union; Onalaska (WI); Hybrid; USD 25,000 - 35,000; Full time

Benefits offered by this job

Medical / Dental / Vision

401(k) with employer match

Paid time off

Sabbatical opportunity

Birthday off

Employee discounts

Job summary

Altra Federal Credit Union is seeking a Business Banking Loan Coordinator in Onalaska, WI to manage documentation, processing, and coordination of commercial loan applications. You will ensure files are complete, compliant and ready for underwriting, approval and funding.

The role requires a high school diploma and an associate's degree with 2+ years of lending support experience. Strong attention to detail and effective communication are essential, with multilingual abilities encouraged to

Qualifications

• High school diploma (or equivalent) required.
• Associate's degree in finance, business or related field required.
• 2+ years of similar experience (banking, loan processing, or commercial lending support) or internship within Altra business banking department.
• Strong understanding of business banking products and loan documentation preferred.

Responsibilities

• Coordinate with relationship managers, underwriters, and members to gather and review required loan documentation.
• Prepare and process loan files for approval, closing and funding.
• Ensure all loan documentation complies with internal policies, procedures, and regulatory requirements.
• Track loan status and follow up with relevant parties to ensure timely completion of tasks.
• Maintain accurate loan records and enter data into loan origination and core banking system.
• Provide support for audits, reviews, and reporting as needed.
• Communicate effectively with clients and internal departments to deliver a smooth loan experience.

Skills

Loan processing

Microsoft Office

Attention to detail

Communication skills

Bilingual support

Education

Associate's degree in finance or related field

High school diploma or equivalent

Tools

Loan origination systems

Core banking system

Job description

At Altra Federal Credit Union, we are committed to supporting business with reliable financial solutions and exceptional service. We pride ourselves on fostering a collaborative, inclusive, and client-focused environment where your contributions truly matter. Join a team where your work directly supports the growth of our local communities.

We are seeking a Business Banking Loan Coordinator to play a key role in supporting the lending team by managing the documentation, processing, and coordination of commercial loan applications. This position ensures loan files are complete, accurate, and compliant with regulatory and internal standards, helping streamline the loan process from origination to funding.

Key Responsibilities

• Coordinate with relationship managers, underwriters, and members to gather and review required loan documentation.
• Prepare and process loan files for approval, closing and funding.
• Ensure all loan documentation complies with internal policies, procedures, and regulatory requirements.
• Track loan status and follow up with relevant parties to ensure timely completion of tasks.
• Maintain accurate loan records and enter data into loan origination and core banking system.
• Provide support for audits, reviews, and reporting as needed.
• Communicate effectively with clients and internal departments to deliver a smooth loan experience.

Qualifications

• High school diploma (or equivalent) required.
• Associate's degree in finance, business or related field required.
• Additional experience in lieu of degree may be considered.
• 2+ years of similar experience (banking, loan processing, or commercial lending support) or internship within Altra business banking department.
• Strong understanding of business banking products and loan documentation preferred.

Skills & Abilities

• Proficiency in loan origination systems and Microsoft Office Suite.
• Excellent attention to detail, organizational skills, and time management skills.
• Ability to prioritize, organize time, and work independently.
• Strong oral, written and general communication skills, with a member-first mindset.
• Ability to effectively and cooperatively interact with business owners/members, as well as employees within the credit union.
• Bilingual (English / Spanish / Hmong) skills are strongly encouraged to support and better serve our diverse membership.

Availability

• This position is 40- hours a week, Monday through Friday.
• Typical hours are 8:00 a.m. to 5:00 p.m.
• Some flexibility within these hours may be available as needed.

Work Environment

• This position is located at Altra's Business Banking Building in Onalaska, WI.
• Work from home opportunities can be available after 6-12 months of employment, once successfully completing all position-specific training and demonstration of consistent and satisfactory work performance

Pay & Benefits

• Hourly pay starting at $21.81+ per hour, commensurate with experience and qualifications.
• When bilingual in Spanish or Hmong, receive a $1.00 per hour pay premium after completing and passing a language exam.
• Comprehensive benefits package that includes medical / dental / vision coverage, group life insurance, and supplemental life insurance options.
• Up to a 6% employer-matched 401(k) + additional 3% employer contribution.
• Two-weeks paid sabbatical every five years worked, plus four-week paid sabbatical at twenty years!
• Paid time off, volunteer time off, paid holidays, and your birthday off (paid)!
• Employee-only perks and discounts.

At Altra Federal Credit Union, you’ll be part of a team that values people over profits and puts members at the heart of everything we do. We believe in creating a supportive and collaborative workplace where employees are empowered to grow, develop their careers, and make a real impact in the lives of others. By joining Altra, you’ll not only gain the opportunity to build meaningful relationships with members and coworkers, but you’ll also be contributing to a mission-driven organization that is dedicated to improving the financial well-being of our members and the communities we serve.

Altra is proud to be a Great Place to Work certified company eight years in a row; 92% of our employees say Altra is a great place to work! At Altra, we invest in each other and work together to make a difference in the communities we serve and to help people live their best lives! We support diversity in the workplace and are an Equal Opportunity Employer.