End-to-End Commercial Loan Processor

Servbank; Oswego Township (IL); On-site; USD 45,000 - 65,000; Full time

Job summary

Servbank in Danville, IL, is seeking a Commercial Loan Administrator to support lending operations alongside relationship managers and underwriters. You will handle documentation, processing, and servicing of complex loan transactions in a fast-paced banking environment on-site.

The role requires 3+ years in commercial loan administration, strong organizational skills, attention to detail, and familiarity with federal and state lending regulations.

Qualifications

• 3+ years of experience in commercial loan administration or related fields.
• Bachelor’s degree preferred; experience may substitute for degree.
• Knowledge of federal and state lending regulations.
• Certification in loan administration or related field preferred.

Responsibilities

• Prepare and review loan documentation to ensure accuracy and compliance.
• Manage end-to-end loan processing from application to disbursement.
• Ensure packages meet credit conditions and regulatory requirements.
• Provide excellent customer service to borrowers and respond to inquiries.
• Maintain organized loan files with required documentation and correspondence.
• Generate and maintain reports for regulatory and internal purposes.
• Collaborate with underwriters, relationship managers, and other departments.
• Assist in managing the loan portfolio and monitor performance.

Skills

Commercial lending

Organizational skills

Documentation proficiency

Attention to detail

Communication skills

Teamwork

Education

Bachelor’s degree in Finance/Business

Job description

Servbank in Danville, IL, is seeking a Commercial Loan Administrator to support lending operations alongside relationship managers and underwriters. You will handle documentation, processing, and servicing of complex loan transactions in a fast-paced banking environment on-site.

The role requires 3+ years in commercial loan administration, strong organizational skills, attention to detail, and familiarity with federal and state lending regulations.