Commercial Loan Administrator I or II

Union Bank of VT & NH; Morristown (VT); On-site; USD 30,000 - 34,000; Full time

Benefits offered by this job

Generous Paid Time Off

Health, Dental, and Life Insurance

Partially paid Short and Long-Term Dis

Company-matched 401K retirement

Bankers’ hours

Paid Federal Holidays

Job summary

Union Bank of VT & NH is seeking a Commercial Loan Administrator I or II to support the administration, documentation, and closing of commercial loan transactions. The role collaborates with Commercial Lenders, Credit Analysts, and other partners to ensure timely, accurate closings in accordance with bank policy.

This position may be performed at different branch locations based on office availability. The team emphasizes growth and a commitment to promoting from within, with strong benefits and

Qualifications

• High school diploma or equivalent required; Associate’s or Bachelor's degree preferred.
• Banking, lending, legal, administrative, documentation, real estate, or related experience preferred.
• Strong organizational and administrative skills.
• Basic understanding of business and financial documentation preferred.
• Ability to learn commercial lending processes and documentation requirements.
• Proficiency with Microsoft Office and applicable banking systems.
• Strong attention to detail and commitment to accuracy.
• Ability to work effectively in a deadline-driven environment.

Responsibilities

• Support administration, documentation, and closing of commercial loan transactions.
• Coordinate documentation, due diligence, approval conditions, and collateral documentation.
• Assist with closing preparation and post-closing follow-up activities.
• Serve as a partner in the commercial lending process to ensure proper documentation and compliance.

Skills

Organizational skills

Administrative skills

Attention to detail

Deadline-driven

Communication

Education

High school diploma

Associate’s degree

Bachelor’s degree

Tools

Microsoft Office

Banking systems

Job description

Union Bank has called Vermont home since 1891 — and we’re proud of our local roots. We’re a modern, community-focused bank where people come to grow their careers and make a difference. We offer strong benefits, support continuing education, and believe in promoting from within. If you’re looking for purpose, opportunity, and a team that cares, you’ll find it here!

Summary

The Commercial Loan Administrator I or II is responsible for supporting the administration, documentation, and closing of commercial loan transactions. The position works closely with Commercial Lenders, Credit Analysts, Portfolio Managers, Loan Administration staff, attorneys, title companies, borrowers, and other internal and external partners to facilitate accurate, timely, and compliant commercial loan closings.

The Commercial Loan Administrator I or II assists with documentation coordination, due diligence collection, approval condition tracking, collateral documentation, closing preparation, and post-closing follow-up activities. The role serves as an important partner in the commercial lending process by helping ensure approved transactions are properly documented, closed, booked, and maintained in accordance with Bank policy and regulatory requirements.

This position may be performed at different branch locations based on office availability.

Why work with us?

While Working For a VT Based Company That Makes a Difference In Our VT And NH Communities, You Can Enjoy The Following Perks

• Generous Paid Time Off
• Health, Dental, and Life Insurance
• Partially paid Short and Long-Term Disability
• Company-matched 401K retirement account
• Bankers’ hours
• Paid Federal Holidays

Requirements

• High school diploma or equivalent required; Associate's or Bachelor's degree preferred.
• Banking, lending, legal, administrative, documentation, real estate, or related experience preferred.
• Strong organizational and administrative skills.
• Basic understanding of business and financial documentation preferred.
• Ability to learn commercial lending processes and documentation requirements.
• Proficiency with Microsoft Office and applicable banking systems.
• Strong attention to detail and commitment to accuracy.
• Ability to work effectively in a deadline-driven environment.

Salary: $22-$25/ hour