Dynamic Commercial Loan Processor | Community Banking

The Equitable Bank; Milwaukee (WI); On-site; USD 50,000 - 65,000; Full time

Benefits offered by this job

401(k) with 4% match

Paid time off

Life insurance at four times annual

Medical, dental, vision insurance

FSA

Personal banking and loan benefits

Job summary

The Equitable Bank in Milwaukee is seeking a Commercial Loan Processor to manage the end-to-end loan workflow. This full-time role covers initial intake, documentation gathering, and closing coordination with lenders, attorneys, and customers.

You will ensure data accuracy in the loan origination system and maintain complete loan files. Secondary duties include handling renewals, portfolio maintenance, and administrative support for lenders.

Qualifications

• Minimum 2 years of experience in commercial loan processing or servicing; community banking experience strongly preferred.
• Familiarity with loan documentation, regulatory requirements, and standard banking practices.
• Strong organizational and time management skills with high attention to detail.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office (Word, Excel, Outlook); experience with loan origination and core banking systems, preferably LaserPro and Fiserv-Cleartouch.
• Ability to maintain confidentiality and work in a team-oriented environment.

Responsibilities

• Review and process commercial loan applications from intake through closing.
• Coordinate with lenders, underwriters, inter-bank departments, customers, attorneys, title companies, and other stakeholders to collect required documentation.
• Order and track third-party reports (appraisals, environmental reports, UCC searches, etc.).
• Prepare loan closing packages, commitment letters, and internal forms.
• Ensure accurate and timely data entry into the bank’s loan origination system.
• Maintain documentation checklists and follow up on outstanding items to ensure loan files are complete.
• Process loan renewals, extensions, modifications, and annual reviews in coordination with the lending team.
• Perform file maintenance and documentation tracking for commercial loan portfolios.
• Monitor tickler reports and follow up on required documents.
• Compile customer information for relationship reviews, cross‑sell opportunities, and CRM updates.

Skills

Loan processing

Regulatory knowledge

Microsoft Office

Attention to detail

Communication

Teamwork

Confidentiality

Education

High school diploma

Associate’s or Bachelor’s degree preferred

Tools

LaserPro

Fiserv-Cleartouch

Core banking systems

Job description

The Equitable Bank in Milwaukee is seeking a Commercial Loan Processor to manage the end-to-end loan workflow. This full-time role covers initial intake, documentation gathering, and closing coordination with lenders, attorneys, and customers.

You will ensure data accuracy in the loan origination system and maintain complete loan files. Secondary duties include handling renewals, portfolio maintenance, and administrative support for lenders.