Commercial Banking Associate

American Commercial Bank & Trust; Schaumburg (IL); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401k with company match

Paid vacation and sick time

Flexible Spending Account

Job summary

American Commercial Bank & Trust is looking for a Commercial Banking Associate in Schaumburg, IL. This role focuses on providing excellent service to clients while managing the entire loan process, from inception to closing.

The ideal candidate will have over 3 years of experience in commercial loan processing or discussing loans with clients. A Bachelor's degree is preferred but not essential with adequate experience. Benefits include medical coverage, a 401k with company match, and more.

Qualifications

• 3+ years of prior experience with processing and closing commercial loans.
• High level of client interaction required.
• Bachelor's degree preferred; more experience may substitute.

Responsibilities

• Liaise between lenders, clients, and third parties for loan documentation.
• Review supporting documents for loan underwriting.
• Monitor HMDA and CRA reporting.
• Maintain knowledge of bank loan policy for accuracy.
• Facilitate loan documentation and conduct closings.
• Open business accounts and manage account activity reports.
• Generate deposit account documentation.
• Train and handle special projects as assigned.

Skills

Detail-oriented

Strong communication

Problem-solving

Organizational skills

FIS Horizon banking platform knowledge

Microsoft Suite proficiency

Education

Bachelor's degree in business preferred

Tools

FIS Horizon

Job description

American Commercial Bank & Trust, NA

Commercial Banking Associate - ON SITE in Schaumburg, IL

American Commercial Bank & Trust is currently seeking well‑organized and client‑focused candidates for our Commercial Banking Associate position, which is located in our Schaumburg, IL Office. The primary responsibility of the Commercial Banking Associate (CBA) is to provide a high level of service to bank clients, prospects, and internal associates. This customer service role works in tandem with Commercial Loan Officers to compile and prepare loan presentation summaries in a timely and accurate manner. This individual will be responsible for processing approved loan requests from inception to closing, maintaining exception‑free credit files, and managing a growing portfolio of loan and deposit clientele.

Key job duties and responsibilities include the following:

• Acts as a liaison between lenders, clients, and third parties to obtain and maintain documents required for new and existing loan underwriting and depository relationships.
• Reviews documents which support underwriting such as organizational documents, title commitments, financial statements, appraisals, and construction draw documentation.
• Supports the Lending Officer(s) in monitoring HMDA and CRA reporting.
• Maintains knowledge of the bank's loan policy to ensure accuracy of loan presentations and of documentation.
• Facilitates loan documentation and coordinates and conducts loan closings.
• Opens business accounts and reviews daily account activity reports.
• Manages financial and collateral exceptions of assigned portfolio within bank standards.
• Generates deposit account documentation and maintains knowledge of treasury management services.
• Other projects and duties as assigned, including ongoing training and learning.

Education and Experience:

• Seeking 3+ years of prior experience with processing and closing commercial loans for middle market clients, and high level of client interaction.
• Bachelor's degree in business preferred.
• Will also consider more years of experience with processing and closing commercial loans in lieu of bachelor's degree.

Skills and Abilities:

• Ability to prioritize competing tasks and exhibit strong written and verbal communication skills.
• Attention to detail and strong organizational skills.
• High level of responsiveness and follow‑through with both internal and external customers.
• Strong problem‑solving abilities and resourcefulness in finding solutions and answering challenges.
• Strong working knowledge of Microsoft Suite; experience in the FIS Horizon banking platform and Loan Vantage preferred.

American Commercial Bank & Trust is an Equal Opportunity Employer (Protected Veterans, and Individuals with Disabilities).

A comprehensive benefits package offered for Full‑time positions, including medical, dental and vision coverage, Life/STD/LTD plans, Flexible Spending Account, H.S.A., 401k with company match, ESOP, paid vacation, sick time, and holidays. For more information on our branch locations, visit us online at: www.acbandt.com.

Candidates will be required to submit to a background check when presented with a conditional offer of employment.