Commercial Loan Administrator

First Farmers and Merchants Bank; Columbia (TN); On-site; USD 60,000 - 80,000; Full time

Job summary

First Farmers and Merchants Bank in Columbia, TN seeks a Commercial Loan Administrator to support the lending team by preparing, reviewing, and maintaining loan documentation for commercial and real estate loans. The role processes setups, modifications, renewals, and payoffs, ensuring data accuracy in servicing systems and aiding closings.

Candidate should have experience in commercial banking or loan administration, strong attention to detail, and familiarity with banking software.

Qualifications

• Experience in loan servicing and administering commercial loan portfolios.
• Experience preparing, reviewing and managing loan documents.
• Knowledge of commercial loans including structuring, monitoring, and operations.
• Foundational finance concepts including interest, fees, amortization, and credit concepts.
• Familiarity with commercial real estate lending, collateral requirements, and documentation standards.
• Strong attention to detail and organizational skills with deadlines.
• Proficiency with banking or loan management software and Excel/Word.
• Excellent written and verbal communication; ability to collaborate.
• Previous experience in commercial banking or loan administration preferred.
• Associate's or Bachelor's degree in Business/Finance or related field, or equivalent experience.

Responsibilities

• Prepare, review, and maintain loan documentation for commercial and commercial real estate loans.
• Process loan setups, modifications, renewals, and payoffs.
• Ensure accurate data entry into loan servicing systems.
• Monitor loan files for completeness and compliance with bank policies and regulations.
• Coordinate with lenders, credit staff, and external partners to gather required information.
• Support timely closings and provide internal reporting on loan portfolios.

Skills

Loan servicing

Loan documentation

Commercial lending

Real estate lending

Finance concepts

Attention to detail

Banking software

Excel

Communication

Cross-functional collaboration

Banking experience

Education

Bachelor's degree in Business/Finance

Tools

Excel

Word

Loan management software

Banking software

Job description

Company Description

First Farmers and Merchants Bank is a community-focused financial institution committed to remaining Middle Tennessee's leading community bank. Guided by core values of integrity, service, innovation, commitment, and leadership, the bank strives to build lasting relationships with customers and communities. Team members are encouraged to act with honesty and transparency while delivering responsive, high-quality service. The organization values forward-thinking solutions that support both customer needs and long-term stability. Employees join a culture that emphasizes professional growth, accountability, and community engagement.

Role Description

The Commercial Loan Administrator is a full-time, on-site role based in Columbia, TN. This position supports the commercial lending team by preparing, reviewing, and maintaining loan documentation for commercial and commercial real estate loans. Day-to-day responsibilities include processing loan setups, modifications, renewals, and payoffs, ensuring accurate data entry into loan servicing systems, and monitoring loan files for completeness and compliance with bank policies and regulations. The role also involves coordinating with lenders, credit staff, and external partners to gather required information, resolve documentation issues, and support timely closings. The administrator responds to inquiries, provides internal reporting on loan portfolios, and helps maintain organized records to support audits and quality control.

Qualifications

• Candidates should possess skills in loan servicing and administering commercial loan portfolios.
• Candidates should possess skills in preparing, reviewing, and managing loan documents.
• Candidates should possess skills related to commercial loans, including structuring, monitoring, and general loan operations.
• Candidates should possess foundational finance skills, including understanding interest, fees, amortization, and credit concepts.
• Candidates should possess familiarity with commercial real estate lending, including collateral requirements and documentation standards.
• Attention to detail and strong organizational skills, with the ability to manage multiple deadlines.
• Proficiency with banking or loan management software and standard office applications (e.g., Excel, Word).
• Effective written and verbal communication skills and the ability to collaborate with cross-functional teams.
• Previous experience in commercial banking, loan administration, or a related financial services role preferred.
• Associate's or Bachelor's degree in Business, Finance, or a related field, or equivalent relevant experience.