Commercial Banking Associate: Loans & Client Services

Alerus Financial; Eagan (MN); On-site; USD 34,000 - 41,000; Full time

Benefits offered by this job

Health benefits

401(k) and ESOP

Paid time off

Volunteer time

Job summary

Alerus Financial is seeking a detail-oriented professional to support commercial lending and deposit relationships. This role assists with pre-closing fulfillment, due diligence, and documentation, partnering with underwriting and client service to ensure accurate, timely processes and excellent client experiences.

You will manage loan origination workflows, coordinate closings, and maintain documentation within internal systems, while upholding regulatory requirements and high accuracy

Qualifications

• Bachelor's degree or equivalent combination of education and/or related experience in the financial industry.
• Minimum of 1+ year of commercial lending and/or deposit experience.
• Understanding of commercial lending and deposits, bank operations, products and services, business entity structure and documentation.
• Capacity to manage and stay organized while working with high volume, time sensitive transactions and portfolios.
• Ability to be flexible, implement continuous change and demonstrate a positive attitude.
• High level of commitment to accuracy and detail.
• Effective written and verbal communication skills.

Responsibilities

• Manage commercial loans through commercial loan origination workflow system from application through post-closing and completion.
• Enters complete and accurate loan applications; performs pre-closing and post-closing due diligence, and documentation review.
• Coordinate loan closing with title companies, attorneys, and internal partners; submit requests for loan documentation preparation.
• Works closely with Bankers and clients to obtain required information for submission to underwriting and/or ongoing tickler file monitoring.
• Manage loan closing pipelines and assist with coordinating loan closing timelines and client communications with Bankers.
• Indexes and maintain financial and supporting documentation within Nautilus and other internal systems.
• Responsible for obtaining and maintaining required KYC, CIP, CDD and Beneficial Ownership for commercial loan and deposit clients.
• Assist with opening commercial depository accounts for assigned Bankers, collaborating with Commercial Deposit Specialists, Treasury Management, Private Banking or Retail partners as needed.
• Provide superior customer service and acts as a point person in resolving client issues for assigned Banker portfolios.
• Coordinates with Bankers and enters business overdraft and refund decisions; escalating approvals per credit policy.

Skills

Communication skills

Organizational skills

Attention to detail

Customer service

Team collaboration

Time management

Education

Bachelor's degree or equivalent

Tools

Nautilus

Job description

Alerus Financial is seeking a detail-oriented professional to support commercial lending and deposit relationships. This role assists with pre-closing fulfillment, due diligence, and documentation, partnering with underwriting and client service to ensure accurate, timely processes and excellent client experiences.

You will manage loan origination workflows, coordinate closings, and maintain documentation within internal systems, while upholding regulatory requirements and high accuracy