Entry-Level Commercial Loan Assistant

SouthState Bank; Columbia (SC); On-site; USD 38,000 - 48,000; Full time

Job summary

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. The Loan Assistant I supports the deal team with simple commercial loans, handling borrower documentation, data entry, and prep for closings.

This entry-level role offers growth in commercial lending and development opportunities, with responsibilities across document collection, regulatory compliance, and client communication throughout the loan life cycle.

Qualifications

• High school diploma or equivalent is required.
• Bachelor’s degree or coursework in banking, finance or lending is an asset.
• Minimum of one year of experience in commercial lending documentation preferred.
• Minimum of one year of Commercial Banking support or client service experience within a financial institution.

Responsibilities

• Assist in tracking and management of the loan pipeline, loan maturities, the uninsured reports, and past dues reports, ensuring timely processing and adherence to deadlines.
• Remain knowledgeable of all State and Federal lending and documentation regulations as well as Bank policies and guidelines ensuring compliance.
• Collect and organize all necessary documentation from borrowers, such as income verification, credit reports, and identification.
• Input data into loan processing systems accurately and efficiently.
• Provide back-up support to other Loan Assistants to cover PTO requests, and absences.
• Coordinate closings with lenders, attorneys, insurance agents and clients.
• Initiate the disbursement of closing funds and issue loan proceeds via checks and/or wires.
• Review closed and funded loans for document completion, ensure that loans are booked in a timely and accurate manner.
• Contact settlement agents, register of deeds, and title insurance agencies to obtain post-purchase documentation.

Skills

Time management

Organizational skills

Attention to detail

Communication skills

Microsoft Office proficiency

Independent work

Education

High school diploma or equivalent

Bachelor’s degree in banking, finance, or lending

Tools

Microsoft Office

Job description

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. The Loan Assistant I supports the deal team with simple commercial loans, handling borrower documentation, data entry, and prep for closings.

This entry-level role offers growth in commercial lending and development opportunities, with responsibilities across document collection, regulatory compliance, and client communication throughout the loan life cycle.