Loan Operations Assistant - Commercial & SBA Lending

Bank-of-Utah; Provo (UT); On-site; USD 40,000 - 52,000; Full time

Benefits offered by this job

Great work-life balance

Medical, dental and vision plans

401(k) plan and match

12 paid bank holidays + PTO

Volunteer opportunities

Awards and recognition

Job summary

Bank of Utah is hiring a Commercial Lending Assistant to support Commercial, Construction, and SBA loan functions at our Provo branch. The role may be filled at I, II, or III level based on qualifications and experience.

The position runs Monday through Friday at 3670 North University, Provo, UT. The role involves comprehensive loan processing, document handling, and coordination with loan officers to ensure accuracy and compliance.

Qualifications

• High School Education.
• Must have good skills with Microsoft Word and Excel.
• Some experience in Commercial Loans preferred.

Responsibilities

• Pull: Good Standings, OFAC, UCC Search, Flood Search.
• If collateral is property, verify property taxes are current.
• Order Title Policy
• Create workflow for proposed loan into SageWorks
• Image/upload all required documents into SageWorks
• Review with the loan officer all loan documents received from Credit Admin for accuracy
• Review the signed loan documents for all required signatures
• Image/upload all signed loan documents into SageWorks
• Prepare title closing letter of instructions
• Follow up on any compliance issuesProcess paid outs / release collateral
• Clear up ticker exceptions
• Process any invoices that need to be paid
• Follow up on incomplete files
• Maintain paper loan files
• Disburse loans or make transfers when applicable
• Maintain original Notes & Collateral
• When applicable, process payments / loan payoffs
• Attendance is an essential function of the job.
• Other duties as assigned.

Skills

Microsoft Word

Microsoft Excel

Education

High School Diploma

Job description

Bank of Utah is hiring a Commercial Lending Assistant to support Commercial, Construction, and SBA loan functions at our Provo branch. The role may be filled at I, II, or III level based on qualifications and experience.

The position runs Monday through Friday at 3670 North University, Provo, UT. The role involves comprehensive loan processing, document handling, and coordination with loan officers to ensure accuracy and compliance.