Commercial Loan Processor

Summit State Bank; Santa Rosa (CA); On-site; USD 94,558,000 - 108,886,000; Full time

Benefits offered by this job

Medical/Dental/Vision coverage

HSA contributions

Dependent Care FSA employer matching

Life/AD&D/Long-term disability

401(k) with employer match

Paid vacation (3+ weeks)

Tuition reimbursement

Job summary

Summit State Bank in Santa Rosa, CA is seeking a full-time Commercial Loan Processor to join our corporate office. You will process and coordinate commercial loan transactions from approval through closing, working with relationship managers, credit administration, and title/escrow partners.

The ideal candidate has 3+ years of banking or loan processing experience, knowledge of loan types and documentation, and strong organization and communication skills.

Qualifications

• Three or more years of banking or commercial loan processing experience preferred.
• Experience with commercial real estate, C&I, construction, SBA or other lending transactions is desirable.
• Associate’s or bachelor’s degree in business, finance, accounting, or a related field preferred.

Responsibilities

• Process commercial loan transactions from approval through closing.
• Gather and review financial, collateral, entity, title, insurance, and other required loan documentation.
• Coordinate with Relationship Managers, Credit Administration, Loan Operations, title/escrow companies, and other third parties.
• Identify documentation, title, collateral, or compliance issues and resolve them.
• Prepare and coordinate complete commercial loan packages for loan documentation and closing.
• Help ensure transactions comply with Bank policies and regulatory requirements.

Skills

Commercial loan processing

Organizational skills

Attention to detail

Communication skills

MS Office

Customer service

Education

Associate’s degree in business/finance

Bachelor’s degree in business/finance

Tools

Loan/document management systems

Microsoft Office

Job description

About Summit State Bank

Summit State Bank is an award-winning community bank whose core values are based on making a positive impact on our employees, customers, and the communities we serve. Our employees are important to us; we provide rewarding career paths with competitive pay and excellent benefits. If you want to work for a Community Bank that values you and your contributions, we encourage you to apply.

Position Overview

We are seeking a full-time Commercial Loan Processor to join our team at our corporate office in Santa Rosa, California.

The Commercial Loan Processor processes and coordinates commercial loan transactions. The position works closely with Commercial Relationship Managers, Credit Administration, Loan Operations, borrowers, title companies, and other third parties to ensure loan documentation is complete, accurate, properly executed, and compliant with Bank policies and applicable regulatory requirements. The role may handle commercial real estate, C&I, construction, agricultural, SBA, and other commercial lending transactions of varying complexity.

This position is well suited for someone with commercial loan processing experience who is organized, detail-oriented, and comfortable coordinating multiple transactions and deadlines. The successful candidate will have working knowledge of commercial loan types, entity structures, title reports, and the documentation required to move loans efficiently from approval through closing. The position will independently process routine commercial loan transactions and receive guidance and support on more complex transactions as needed.

What You’ll Do

• Process commercial loan transactions from approval through closing.
• Gather and review financial, collateral, entity, title, insurance, and other required loan documentation.
• Coordinate with Commercial Relationship Managers, Credit Administration, Loan Operations, title/escrow companies, and other third parties to keep transactions moving toward closing.
• Identify documentation, title, collateral, or compliance issues and work with the appropriate parties to resolve them.
• Prepare and coordinate complete commercial loan packages for loan documentation and closing.
• Help ensure commercial loan transactions comply with Bank policies and applicable regulatory requirements.

An Ideal Candidate Will Possess

• Knowledge of commercial loan processing, documentation, collateral requirements, and closing procedures.
• Working knowledge of commercial lending products and applicable banking regulations and commercial lending compliance requirements.
• Strong organizational and time-management skills, with the ability to manage multiple transactions and deadlines.
• Excellent attention to detail, accuracy, analytical thinking, and problem solving skills.
• Strong written and verbal communication skills, and the ability to work effectively with Relationship Managers, customers, attorneys, title companies, and internal departments.
• Proficiency with Microsoft Office and commercial loan/document management systems.
• Strong customer-service orientation and commitment to responsive, collaborative service.

Education/Experience

• High school diploma or GED required.
• Three or more years of banking or commercial loan processing experience preferred; equivalent relevant experience may be considered.
• Experience with commercial real estate, C&I, construction, agricultural, SBA, or other commercial lending transactions is desirable.
• Associate’s or bachelor’s degree in business, finance, accounting, or a related field preferred.

Compensation: $33.00 - $38.00/hour

Benefits

Summit State Bank offers a highly competitive benefits package designed to support our employees’ health, financial well-being, and professional growth, including the following:

• 100% employer-paid medical, dental, and vision coverage for employees, plus employer contributions toward dependent coverage
• Employer HSA contributions of up to $4,000 annually for eligible employees enrolled in an HDHP
• Dependent Care FSA employer matching contributions of up to $2,500 annually
• Employer-paid life, AD&D, and long-term disability insurance
• 401(k) plan with employer matching contributions
• Minimum of three weeks of paid vacation annually for full-time employees
• Tuition reimbursement, wellness resources, internal mentorship opportunities, and paid volunteer time off

Equal Employment Opportunity/Affirmative Action

Summit State Bank is an Equal Opportunity/Affirmative Action Employer. We provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type based on race, color, religion, age, sex, national origin, disability, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by applicable federal, state, or local law.