Loan Assistant

am; Waco (TX); Hybrid; USD 42,000 - 64,000; Full time

Job summary

Plaza (Corporate) in Waco, TX is seeking a Loan Assistant to provide administrative and technical support to commercial lenders. You will manage loan files, assist with funding, and coordinate closings while ensuring regulatory compliance.

The role requires banking experience and strong MS Office skills, with attention to detail and confidentiality. Excellent organization and communication are essential for successful customer interactions.

Qualifications

• Banking/loan administration experience preferred.
• 2+ years in commercial lending preferred.
• Bachelor’s degree preferred or equivalent experience.

Responsibilities

• Create commercial loan files and maintain department records.
• Process advances, pay downs, and disbursement steps.
• Prepare and review documentation for commercial loan closings.
• Coordinate due-diligence items (appraisals, inspections, etc.).
• Verify pre-closing conditions before funding and ensure compliance.

Skills

Document management

Microsoft Office

Attention to detail

Multitasking

Discretion & confidentiality

Calendar management

Education

Bachelor’s degree preferred

Tools

Microsoft Office Suite

Job description

# Loan AssistantPlaza (Corporate) - WACO, TX 76712## DescriptionThe Commercial Loan Assistant works under the EVP, Loan Officer or Chief Lending Officer and is responsible for providing essential, administrative and technical support to commercial lenders, facilitating the loan process and ensuring compliance with regulations while being an integral part of managing the customer’s experience:* Create commercial loan files, responsible for maintaining department files in an accurate and efficient manner* Perform procedures related to advances, pay downs, and disbursement process* Prepare and review documentation of commercial loan closings as needed* Orders required due diligence items (i.e. Appraisals, Property Inspections, etc.)* Reviews accuracy and proper use of tracking reports for key information such as Flood Insurance, Property Tax Insurance, UCC’s, etc.* Liaison with loan officers, customers and third-party professionals (attorneys, appraisers, inspectors, etc.) to close loans in conformity with approved terms and conditions* Prepares funding information* Verifies that all pre-closing conditions have been met prior to authorizing funding* Approves daily overdrafts and determines if it will be charged, if the item will be paid or returned, etc. based on authority limits* Verify accuracy of wire request with customers prior to sending for approval* Consult with customers about the financial information needed for accounts and loans* Track inspection reports to verify accuracy of construction draws.* Manage exception reports including contacting customers for current financials* Manage maturing loan list including customer contact regarding loan renewals* Liaison between customers and other departments* Supports lending teamKNOWLEDGE, SKILL AND ABILITIES* Proficient document management skills* Advanced experience with Microsoft Office Suite* Ability to multitask while maintaining a high degree of attention to detail and accuracy* Excellent analytical problem-solving capabilities; ability to exercise independent judgment in methods, techniques and evaluation criteria for obtaining results* Able to exercise a high degree of confidentiality* Excellent and proactive calendar management skills* Excellent organizational skills* High level of integrity and discretion in handling confidential information and professionalism in dealing with people inside and outside of the company* Highly energetic and self-starter* Thoughtful decision-making, problem resolution and creative thinking skills a must* Be accountable and responsible with ability to learn from mistakes and feedback* Have a positive attitude## QualificationsEDUCATION AND EXPERIENCE* Banking experience required* Bachelor’s degree preferred* 2+ years’ experience with Commercial lending preferredWe are an Equal Opportunity Employer M/F/D/V. provides reasonable accommodation for persons with disability.