Commercial Lending Assistant

Bank-of-Utah; Provo (UT); On-site; USD 40,000 - 52,000; Full time

Benefits offered by this job

Great work-life balance

Medical, dental and vision plans

401(k) plan and match

12 paid bank holidays + PTO

Volunteer opportunities

Awards and recognition

Job summary

Bank of Utah is hiring a Commercial Lending Assistant to support Commercial, Construction, and SBA loan functions at our Provo branch. The role may be filled at I, II, or III level based on qualifications and experience.

The position runs Monday through Friday at 3670 North University, Provo, UT. The role involves comprehensive loan processing, document handling, and coordination with loan officers to ensure accuracy and compliance.

Qualifications

• High School Education.
• Must have good skills with Microsoft Word and Excel.
• Some experience in Commercial Loans preferred.

Responsibilities

• Pull: Good Standings, OFAC, UCC Search, Flood Search.
• If collateral is property, verify property taxes are current.
• Order Title Policy
• Create workflow for proposed loan into SageWorks
• Image/upload all required documents into SageWorks
• Review with the loan officer all loan documents received from Credit Admin for accuracy
• Review the signed loan documents for all required signatures
• Image/upload all signed loan documents into SageWorks
• Prepare title closing letter of instructions
• Follow up on any compliance issuesProcess paid outs / release collateral
• Clear up ticker exceptions
• Process any invoices that need to be paid
• Follow up on incomplete files
• Maintain paper loan files
• Disburse loans or make transfers when applicable
• Maintain original Notes & Collateral
• When applicable, process payments / loan payoffs
• Attendance is an essential function of the job.
• Other duties as assigned.

Skills

Microsoft Word

Microsoft Excel

Education

High School Diploma

Job description

Thanks for your interest in applying to the Bank of Utah. My name is Michael Wells, and I work as SVP Team Leader II. As an introduction to our company, the Bank of Utah was founded in 1952, and is one of Utah’s largest privately owned community banks. We were named S&P Global Top 20 Bank two years in a row and a Top 100 Fastest Growing Company.

Our Mission Statement:

We strive to unlock the potential of our team members, clients, and community. We act with integrity in every decision, build trust through every interaction, and exceed expectations at every opportunity. We seek to responsibly create lasting prosperity today and for generations to come.

Job Opening Details:

If our mission statement piques your interest, we encourage you to apply for the currently open position of Commercial Lending Assistant to work Monday - Friday at our Branch located at 3670 North University, Provo, UT. This Commercial Lending Assistant role provides support for a variety of Commercial, Construction, and SBA Loan functions.

This position may be filled at the Commercial Lending Assistant I, II, or III level, depending on the candidate’s qualifications and relevant experience. The level and responsibilities will be determined based on the candidate’s skills, experience, and overall qualifications.

Qualifications:

• High School Education
• Must have good skills with Microsoft Word and Excel.
• Some experience in Commercial Loans preferred

Regular Duties and Responsibilities:

• Pull: Good Standings, OFAC, UCC Search, Flood Search
• If collateral is property, verify property taxes are current
• Order Title Policy
• Create workflow for proposed loan into SageWorks
• Image/upload all required documents into SageWorks
• Review with the loan officer all loan documents received from Credit Admin for accuracy
• Review the signed loan documents for all required signatures
• Image/upload all signed loan documents into SageWorks
• Prepare title closing letter of instructions
• Follow up on any compliance issuesProcess paid outs / release collateral
• Clear up ticker exceptions
• Process any invoices that need to be paid
• Follow up on incomplete files
• Maintain paper loan files
• Disburse loans or make transfers when applicable
• Maintain original Notes & Collateral
• When applicable, process payments / loan payoffs
• Attendance is an essential function of the job.
• Other duties as assigned.

Benefits of Working with Us

Bank of Utah's comprehensive benefits package includes:

• Great work-life balance, with a Monday-Friday schedule
• Competitive pay and benefits, including medical, dental and vision plans
• 401(k) plan and match up to 5 percent in our employee stock ownership program (eligibility requirements must be met)
• 12 paid bank holidays + paid time off, including paid parental leave
• Volunteer opportunities to make a difference in the communities where you work and live
• Awards and recognition to celebrate you and your colleagues for living the bank's values