Commercial Banking Administrative Assistant

First-Bank-Richmond; Richmond (IN); On-site; USD 42,000 - 58,000; Full time

Job summary

First-Bank Richmond is seeking a Commercial Banking Administrative Assistant to support Senior Commercial Banking Officers in the lending process from origination to closing. You will gather financial information, prepare underwriting documents, and assist in loan closings with borrowers, attorneys and title companies.

You will maintain strong client relationships, coordinate reporting and documentation, and assist with SBA 7A/504 loans under Sr. CBO guidance.

Qualifications

• Direct contact with clients to gather financial information and underwriting documents.
• Prepare New Loan Request Worksheets and related forms for Credit Analysts.
• Maintain strong client relationships and manage ongoing financial reporting.
• Assist in loan closings and coordination with attorneys and title companies.

Responsibilities

• Gather financial information and legal documents for underwriting and prepare documents for Credit Analysts.
• Assist in drafting term sheet proposals and communications for clients under Sr. CBO guidance.
• Communicate with clients to maintain relationships and monitor reporting, insurance, and construction monitoring as needed.
• Assist in preparing Loan Closing Checklist and coordinate closing documents with borrowers and title companies.
• Support SBA 7A and SBA 504 loan processing under Sr. CBO supervision.

Skills

Client relations

Loan processing support

Communication with clients

Attention to detail

Job description

Description

The Commercial Banking Administrative Assistant position provides assistance to Senior Commercial Banking Officers (Sr. CBO's) in the lending process with prospective and existing commercial loan clients. They will assist in the loan underwriting process and the entire loan process from origination to closing. They will assist in coordinating loan closings with borrowers, attorneys and title companies as needed. They will follow-up as needed for ongoing financial information, collateral reporting, borrowing base certificates, construction draw requests and payment collection activities. The Assistant will be required to have strong customer relations skills.

Requirements

Job Responsibilities

1. 1. They will have direct contact with clients to gather financial information, legal documentation for underwriting, prepare New Loan Request Worksheets, prepare Appraisal Request forms and other documents needed to deliver to Credit Analysts. (25%)


2. 2. Assist in the preparation of Term Sheet proposals and other correspondence for clients and prospects with the direction of Sr. CBO's. (15%)


3. 3. Communicate with existing and prospective clients to maintain strong relationships. Manage and monitor on-going financial reporting, audit requests, documentation needed for participant banks, assist in hazard/flood insurance requirements and construction monitoring activities. Answer incoming calls and assist clients with loan issues. Review, track and follow up with customers for exceptions and ticklers within the loan process. (35%)


4. 4. Assist the Sr. CBO's in review and preparing the Loan Closing Checklist to prepare for loan closings. Coordinate required documents needed for closing with borrowers, attorneys and title companies. (20%)


5. 5. Assist Sr. CBO's in the application and processing of SBA 7A and SBA 504 loans. (5%)


6. 6. Other Duties as Assigned.