Commercial Loan Administrator

Merrimack County Savings Bank (The Merrimack); Concord (NH); On-site; USD 32,000 - 36,000; Full time

Job summary

The Merrimack in Concord, NH, seeks a Commercial Loan Administrator to join our Main Office team. The role handles loan transactions from approval through closing, collaborating with lenders and customers to ensure accuracy and timeliness.

We offer competitive pay and comprehensive benefits, including medical, dental, vision, 401K match, paid time off, parental leave, tuition reimbursement, professional development, and the opportunity to work with a dedicated team.

Qualifications

• Strong verbal and written communication skills.
• Ability to manage multiple projects simultaneously, prioritize tasks and meet deadlines.

Responsibilities

• Prepare and review loan documentation to ensure accuracy and compliance with bank policy and regulatory guidance.
• Support lending staff and customers by prioritizing daily workflows and addressing requests.
• Manage the loan process from approval through closing by coordinating with lending staff, attorneys, customers, loan operations, compliance and third parties.
• Perform ongoing loan servicing activities.
• Maintain complete and accurate loan and credit files.
• Prioritize and manage workload to meet established timelines in a high-volume environment.

Skills

Communication skills

Multitasking

Job description

The Merrimack is adding to our team of professionals and seeking a Commercial Loan Administrator to work alongside our talented team at our Main Office branch in Concord, NH. The incumbent will process commercial loan transactions from approval through closing, while working with our lending staff and customers.

We offer a competitive salary along with a comprehensive benefit package including but not limited to, medical, dental, vision, 401K (with Company match), paid time off, paid parental leave, tuition reimbursement, professional development and the opportunity to work with a great team!

Hourly rate negotiable based on level of experience

Commercial Loan Administrator: $22.60- $26.60

PRIMARY RESPONSIBILITIES:

• Responsible for preparing and reviewing loan documentation to ensure accuracy, timeliness and full compliance with bank policy and regulatory guidance
• Proactively support lending staff and customers by prioritizing daily workflows, addressing requests and ensuring an efficient loan process
• Manage the loan process from approval through closing by coordinating with lending staff, attorneys, customers, loan operations, compliance and third parties to ensure timely and accurate completion of loan files
• Preform ongoing loan servicing activities
• Maintain complete and accurate loan and credit files
• Prioritize and manage workload to meet established timelines and department service level expectations in a fast paced, high-volume environment

JOB REQUIREMENTS:

• 1-3 years of related banking experience preferred
• Previous experience in loan processing or closing preferred
• Strong verbal and written communication skills
• Ability to manage multiple projects simultaneously, prioritize tasks and meet deadlines

We believe in building genuine partnerships that encompass top of the line customer service delivered by a culture of teamwork, integrity and excellence. We take pride in the communities that we serve! We are dedicated to providing challenging and rewarding career opportunities for our employees across the state.

We are an Equal Opportunity Employer. This includes veterans and individuals with disabilities.