Commercial Loan Processing Coordinator

Kids for the Future; Bath (ME); On-site; USD 35,817 - 37,195; Full time

Job summary

Kids for the Future in Bath, ME seeks a Commercial Lending Officer to support the Vice President of Lending. You will coordinate commercial loan applications, collect and organize required documentation, and prepare complete loan files for underwriting review.

This role focuses on portfolio administration, annual reviews, and liaison with attorneys, title companies, and appraisers, without performing underwriting or approving loans.

Qualifications

• Ability to make well-reasoned timely decisions using research and critical thinking.
• Able to input data consistently and correctly regarding loan processing and servicing.
• Strong organizational skills and attention to detail.
• Excellent verbal and written communication skills.
• Ability to manage multiple deadlines and priorities simultaneously.
• Ability to interpret financial documents and business records.

Responsibilities

• Process and coordinate commercial loan applications by collecting, reviewing, and organizing required documentation prior to underwriting review.
• Assist the Vice President of Lending by preparing complete loan files, tracking application status, and ensuring required documentation is received in a timely manner.
• Coordinate annual reviews of the commercial loan portfolio by gathering updated financial information, monitoring documentation requirements, and maintaining review schedules.
• Perform data entry and maintain accurate loan, collateral, and member records within the credit union's loan origination and core processing systems.
• Coordinate with attorneys, title companies, appraisers, and other third-party vendors to facilitate commercial loan closings and post-closing documentation.
• Refer approved business relationships to designated branch managers for ongoing relationship management, account opening, loan closing, deposit growth, and member service activities
• Prepare reports, pipeline updates, portfolio tracking information, and other administrative support materials for management, committees, and examinations. Including the successful management of the annual review schedules for assigned commercial relationships.

Skills

Data entry

Loan processing

Documentation

Attention to detail

Communication

Education

High school diploma

Tools

Loan origination systems

Job description

Kids for the Future in Bath, ME seeks a Commercial Lending Officer to support the Vice President of Lending. You will coordinate commercial loan applications, collect and organize required documentation, and prepare complete loan files for underwriting review.

This role focuses on portfolio administration, annual reviews, and liaison with attorneys, title companies, and appraisers, without performing underwriting or approving loans.