Commercial Loan Processing & Compliance Specialist

Servbank; Watseka (IL); On-site; USD 65,000 - 80,000; Full time

Job summary

Servbank in Watseka, Illinois, seeks a Commercial Loan Administrator responsible for managing and processing commercial loan projects. The role involves preparing loan documentation, ensuring compliance with regulations, and providing excellent customer service to borrowers.

The ideal candidate will possess 3-5 years of experience in commercial loan administration, demonstrate strong organizational and communication skills, and have a solid understanding of lending practices. This is a full-time position in an office environment.

Qualifications

• Minimum 3-5 years of experience in commercial loan administration or related field.
• Strong understanding of commercial lending practices.
• Excellent organizational and time management skills.

Responsibilities

• Prepare and review all necessary loan documentation.
• Manage the end-to-end loan process, including application review and approval.
• Ensure all loan packages meet credit conditions and regulatory requirements.
• Serve as the primary point of contact for borrowers.
• Maintain organized and accurate loan files.
• Generate and maintain statistical reports.
• Work closely with underwriters and other departments.
• Assist in managing the loan portfolio.

Skills

Commercial lending practices

Organizational skills

Customer service

Attention to detail

Time management skills

Education

Bachelor’s degree in Finance, Business Administration, Real Estate or related field

Tools

Loan documentation and processing systems

Job description

Servbank in Watseka, Illinois, seeks a Commercial Loan Administrator responsible for managing and processing commercial loan projects. The role involves preparing loan documentation, ensuring compliance with regulations, and providing excellent customer service to borrowers.

The ideal candidate will possess 3-5 years of experience in commercial loan administration, demonstrate strong organizational and communication skills, and have a solid understanding of lending practices. This is a full-time position in an office environment.