Commercial Lending & Relationship Specialist

Magnifi Financial; Minnesota; On-site; USD 34,000 - 50,000; Full time

Benefits offered by this job

Training and Development *

Leadership Development *

Job Level Advancement

Tuition Reimbursement *

Volunteer Time Off 32 hours *

Paid Time Off

Medical

Dental

Vision

Life Insurance/AD&D

Disability Insurance

Retirement Plan with company match

Paid Parental Leave

Bonus/Incentive Program

Health and Wellness Programs *

Job summary

Magnifi Financial in Minnesota seeks a Commercial Banking Support Specialist to service commercial portfolios and nurture member relationships. The role involves gathering loan documentation, coordinating with the Commercial Banking Officer and servicing teams, and ensuring funding and closing meet Magnifi Financial policies and state/federal regulations.

Responsibilities include handling loans, deposits, and services, data entry for loan requests, covenant monitoring, and proactive member

Qualifications

• Associate degree in a business-related field or equivalent experience.
• Three years of commercial banking experience preferred or equivalent knowledge.

Responsibilities

• Assist commercial members in loans, deposits, and services.
• Communicate loan, deposit and service status to CBOs and teams.
• Maintain commercial lending files and ensure documentation is complete.
• Input data for loan requests, renewals, and annual reviews.
• Monitor lending reports and ensure current documentation.
• Collect financials and documents to complete loan requests.
• Enhance member relationships through follow-up calls and emails.
• Assist with covenant monitoring and notifying lenders of violations.
• Prepare, disburse and mail letters and adverse actions.

Skills

Communication

Customer service

Attention to detail

Multi-tasking

Education

Associate degree in business

Job description

Magnifi Financial in Minnesota seeks a Commercial Banking Support Specialist to service commercial portfolios and nurture member relationships. The role involves gathering loan documentation, coordinating with the Commercial Banking Officer and servicing teams, and ensuring funding and closing meet Magnifi Financial policies and state/federal regulations.

Responsibilities include handling loans, deposits, and services, data entry for loan requests, covenant monitoring, and proactive member