Senior Commercial Loan Specialist

Florence Bank; Florence (MA); Hybrid; USD 38,000 - 59,000; Full time

Benefits offered by this job

Hybrid schedule after 6 months

12 paid holidays

401K with dollar-for-dollar match

Tuition reimbursement

Wellness incentives

Weekly pay

Medical, dental, vision, and life保险

Profit sharing bonus after two years

Tuition reimbursement program

Job summary

Florence Bank is seeking a Senior Commercial Loan Specialist for the Main Office in Florence, MA. This role handles the loan origination process from commitment through closing, ensuring documentation quality and regulatory compliance, while coordinating with customers, lenders, and attorneys.

Responsibilities include managing multiple loans, meeting deadlines, and supporting Lenders with closing packages. A 1–3 year banking background and strong communication skills are preferred.

Qualifications

• High School diploma or GED required.
• 1-3 years of banking experience.
• Strong verbal and written communication skills.
• Strong organizational skills.
• Demonstrated proficiency with technology.
• Good analytical skills and high attention to detail.
• Ability to multi-task and reprioritize to meet deadlines.
• Commercial lending and loan documentation experience preferred.

Responsibilities

• Manages the proper delivery of commercial documents from commitment to closing.
• Ensures loan documentation quality and regulatory compliance.
• Interacts with commercial loan customers, lenders and attorneys.
• Provide administrative support to Commercial Lenders and team members.
• Gather information for loan input and document package preparation.
• Coordinate with third-party guarantors (SBA, MassBDC) for documentation.

Skills

Customer service

Verbal communication

Written communication

Organizational skills

Analytical skills

Multitasking

Problem solving

Attention to detail

Teamwork

Punctuality

Education

High School diploma or GED

College degree desirable

Job description

Senior Commercial Loan Specialist Regular Full-Time Hourly Main Office,

Florence, MA, US Requisition ID: 1752 Salary Range: $27.57 To $43.18

Annually Are you looking for an employer that provides 4+ weeks of PTO

and benefits upon hire, focuses on advancement opportunities, and has an

overall average employee tenure of a decade? With tuition reimbursement,

wellness incentives, and a 401K plan with dollar-for-dollar match,

Florence Bank has it all! At Florence Bank, we offer: Competitive salary

• Hybrid work schedule after successfully completing 6 months of employment
• Generous paid time off 12 paid holidays
• Dynamic work culture
• Fun work environment
• Weekly pay schedule
• Medical, dental, Vision and life insurance upon hire
• 401K plan with dollar-for-dollar match Profit sharing bonus after two full calendar years of employment
• Robust wellness program with monetary incentives $5,000 tuition reimbursement each calendar year

Position Summary

Manages the proper delivery of commercial documents in the commercial loan origination process; prepares all documents from the point of commitment to the closing of a loan. Ensures quality of loan documentation and assists with commercial loan reviews and regulatory compliance. Interacts with commercial loan customers, closing attorneys and other Bank employees, while always supporting the Bank's philosophy of "Customer Service Drives Everything We Do."? Provides a variety of administrative support tasks to

Commercial Lender(s) And Other Team Members. Essential Functions

• Consistently provides superior professional service to internal and external customers. Consistently meets expectations of teamwork, punctuality, and regular, reliable attendance.
• Provides customer service to commercial loan customers and Lenders and acts as a liaison to assigned Lender(s).
• Self-directed workflow: effectively manages multiple loans simultaneously with timely follow up.
• Works with shifting deadlines and multitasks efficiently.
• Possesses a thorough understanding of the Approval Memorandum, necessary to determine which documents are required and accurately reflect the terms on the documents, while maintaining legal integrity and adhering to policy.
• Utilizes multiple online resources to gather information on borrowers and collateral required to properly document the loan.
• Researches and obtains missing documentation pre-closing and post-closing.
• Works with lender to keep documentation exceptions to a minimum.
• Prepares closing package in conjunction with all supporting and regulatory documents for loans of assigned Lenders, including Modification Agreements and Revision of Terms.
• Works with third party guarantors such as the U.S. Small Business Administration and the Mass Business Development Corporation to ensure proper documentation is obtained and program guidelines are followed.
• Gathers information to complete the Commercial Loan Input Sheet for the creation of the loan on the Bank's core system.

Following Skills, Experience, Or Background Are Necessary (with Or without accommodation) for this position

• High School diploma or GED is required.
• College degree is desirable.
• 1-3 years of banking experience.
• Demonstrated ability to provide a high-level of customer service with a pro-active approach to problem solving the atypical situations, with good follow through.
• Strong verbal and written communication skills.
• Strong organizational skills.
• Demonstrated proficiency with technology.
• Good analytical skills and high level of attention to detail.
• Ability to multi-task and reprioritize tasks throughout the day to ensure deadlines are met, often working independently.
• Ability to apply prior knowledge and experience to new situations-critical thinking.
• Commercial lending, loan documentation, loan review and regulatory compliance experience preferred.

SEE THE FLORENCE BANK WEBSITE FOR MORE INFORMATION