Commercial Loan Assistant

Addison Group; Oklahoma City (OK); On-site; USD 38,000 - 48,000; Full time

Job summary

Addison Group is seeking a detail-oriented Commercial Loan Assistant in Oklahoma City to support the commercial lending team through loan origination, documentation, approval, and closing. The role requires coordinating with lenders, borrowers, underwriters, and title companies to ensure files are complete, accurate, and compliant with bank policies.

Responsibilities include processing applications, reviewing documents, assembling closing packages, tracking conditions, and maintaining loan

Qualifications

• At least 3 years of experience in commercial loan processing or related banking role.
• Knowledge of loan documentation, underwriting requirements, and closing procedures.
• Familiarity with commercial real estate lending and secured transactions.
• Understanding banking regulations and documentation standards.
• Strong organizational and communication skills.

Responsibilities

• Process commercial loan applications from submission to funding.
• Review loan files for completeness, accuracy, and compliance.
• Collect and organize borrower financial statements, tax returns, and credit reports.
• Prepare and review loan documentation including notes, security agreements, and guarantees.
• Coordinate with lenders, borrowers, attorneys, title companies to obtain documents.
• Track loan conditions, deadlines, and outstanding items to ensure timely closure.
• Assist with real estate loan closings and due diligence.
• Verify approvals and required docs are in place before closing.
• Maintain accurate loan records in origination systems.
• Ensure files comply with banking regulations and standards.
• Assist with renewals, extensions, and amendments as needed.
• Communicate loan status and requirements to stakeholders.
• Identify discrepancies and resolve issues with relevant parties.
• Provide administrative support to the commercial lending department.

Skills

Loan processing

Documentation

Regulatory compliance

Microsoft Office

Communication

Education

Associate or bachelor’s degree in business/finance/accounting

Tools

Loan origination systems

Job description

A bank here in Oklahoma City is seeking a detail-oriented and organized Commercial Loan Assistant to support the commercial lending team throughout the loan origination, documentation, approval, and closing process. This position will work closely with commercial lenders, borrowers, underwriters, and other internal departments to ensure loan files are complete, accurate, and processed in accordance with bank policies and regulatory requirements.

The ideal candidate has experience processing commercial loans, reviewing financial and supporting documentation, coordinating loan closings, and managing multiple files while meeting established deadlines.

Responsibilities

• Process commercial loan applications from initial submission through approval, closing, and funding.
• Review loan files for completeness, accuracy, and compliance with internal policies and lending requirements.
• Collect, review, and organize borrower financial statements, tax returns, credit reports, business documents, and other required information.
• Prepare and review commercial loan documentation, including promissory notes, security agreements, guarantees, and other closing documents.
• Coordinate with commercial lenders, underwriters, borrowers, attorneys, title companies, and other third parties to obtain outstanding documentation and resolve issues.
• Track loan conditions, approval requirements, closing deadlines, and outstanding items to ensure timely completion.
• Assist with commercial real estate loan closings, including coordination of title work, insurance requirements, appraisals, and other due diligence.
• Verify that loan approvals and required documentation are in place before closing and funding.
• Maintain accurate loan records and update loan origination systems throughout the processing cycle.
• Ensure loan files comply with applicable banking regulations, lending policies, and documentation standards.
• Assist with loan renewals, extensions, modifications, and amendments as needed.
• Communicate with lenders and borrowers regarding loan status, documentation requirements, and outstanding conditions.
• Identify discrepancies, missing information, or potential issues and work with the appropriate parties to resolve them.
• Provide administrative and operational support to the commercial lending department as needed.

Qualifications

• At least 3 years of experience in commercial loan processing, commercial lending administration, or a related banking role preferred.
• Knowledge of commercial loan documentation, underwriting requirements, and closing procedures.
• Familiarity with commercial real estate lending, business loans, and secured lending transactions.
• Understanding of banking regulations, loan documentation standards, and compliance requirements.
• Strong organizational skills and attention to detail.
• Ability to manage multiple loan files and deadlines in a fast-paced environment.
• Excellent written and verbal communication skills.
• Proficiency with Microsoft Office and loan origination or document management systems.
• Ability to work independently while collaborating effectively with lenders and internal departments.

Preferred Qualifications

• Experience processing commercial real estate loans and other complex commercial lending transactions.
• Familiarity with loan servicing, renewals, modifications, and annual reviews.
• Experience coordinating loan closings with attorneys, title companies, and other external partners.
• Associate or bachelor's degree in business, finance, accounting, or a related field is a plus.