Business Banking Loan Specialist – Processing & Servicing

ADP, Inc.; Bellingham (WA); On-site; USD 56,000 - 84,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

401(k) with 8% annual contribution

Bonus plan

Paid vacation and holidays

Life and disability insurance

Loan discounts

Professional development

Job summary

WECU in Bellingham, WA is seeking a Business Banking Loan Processor/Servicer to join the Business Banking team. The role focuses on processing and servicing commercial loans, including SBA and complex transactions, while ensuring regulatory compliance and efficient member service.

The candidate should have extensive experience in loan processing, knowledge of title insurance, appraisals, and UCC filings. The position reports to the Business Banking group in Bellingham, with full-time, in-office

Qualifications

• Minimum five years of prior loan experience, including at least three years in commercial loan processing and servicing.
• Strong understanding of commercial lending programs, title insurance, appraisals, and related regulations.
• Ability to work independently and in a team, with attention to deadlines.
• Knowledge of real estate contracts and USPAP/FIRREA guidelines.
• Excellent written and verbal communication skills.

Responsibilities

• Interact with loan officers, members, appraisers, title companies, and vendors to request, receive, and follow up on documentation for processing and servicing of business loans.
• Review incoming business entity, collateral, and insurance documents for accuracy and completeness.
• Prepare loan documentation for closing and set up new loans on the loan system.
• Order appraisals and ensure full scope is completed; provide feedback to appraisers; maintain approved appraiser lists.
• Complete loan funding, disbursements, and data entry.
• Follow-up to ensure final deeds of trust and final title insurance policies are obtained; perform post-closing UCC searches.
• Maintain compliance with BSA/AML/CIP/CDD and other regulatory requirements.

Skills

Loan processing

Commercial lending

Regulatory compliance

Communication skills

Attention to detail

Teamwork

Tools

Loan systems

UCC Article 9

Title insurance

Job description

WECU in Bellingham, WA is seeking a Business Banking Loan Processor/Servicer to join the Business Banking team. The role focuses on processing and servicing commercial loans, including SBA and complex transactions, while ensuring regulatory compliance and efficient member service.

The candidate should have extensive experience in loan processing, knowledge of title insurance, appraisals, and UCC filings. The position reports to the Business Banking group in Bellingham, with full-time, in-office