Commercial Loan Coordinator — Processing & Documentation

1st Security Bank of Washington

Mountlake Terrace (WA)

On-site

USD 28,929 - 33,062

Full time

14 days+

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Benefits offered by this job

Medical benefits
Life Insurance
Long-term disability
401K matching
Paid time off

Job summary

1st Security Bank of Washington is seeking a Loan Documentation Specialist to support commercial loan renewals and extensions. You will coordinate with loan coordinators and officers and deliver high-quality WOW service to internal and external customers.

Responsibilities include preparing and processing loan documents, imaging funded files, ordering title and appraisals, and ensuring post-closing accuracy. Strong knowledge of banking regulations and MS Office is preferred.

Qualifications

  • Minimum of 1 year of experience in commercial or construction lending (origination, processing, closing, and/or servicing).
  • Basic knowledge of relevant regulations, including the Bank Secrecy Act and Anti-Money Laundering policies.
  • Strong attention to detail and the ability to prioritize tasks effectively.

Responsibilities

  • Prepares and processes loan documentation in accordance with credit approval.
  • Oversee the imaging of funded loan files, ensuring quality control.
  • Assist in gathering and verifying supporting documentation (e.g., title policies, permits, insurance).
  • Loan closing tasks may include title reviews, flood determination, appraisal orders, escrow setups, and UCC searches.
  • Update system records and perform post-funding reviews to ensure file accuracy.
  • Communicate effectively with loan coordinators and loan officers to resolve issues.

Skills

Loan documentation
Commercial lending
Processing
Closing

Education

Accounting background

Tools

Microsoft Office
Banking software

Job description

1st Security Bank of Washington is seeking a Loan Documentation Specialist to support commercial loan renewals and extensions. You will coordinate with loan coordinators and officers and deliver high-quality WOW service to internal and external customers.

Responsibilities include preparing and processing loan documents, imaging funded files, ordering title and appraisals, and ensuring post-closing accuracy. Strong knowledge of banking regulations and MS Office is preferred.

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