Commercial Loan Assistant

5 days ago


Warrensburg, Missouri, United States Equity Bank Full time
About the Role

We are seeking a highly skilled Commercial Loan Assistant to join our team at Equity Bank. As a key member of our banking team, you will be responsible for providing exceptional support to our loan officers and ensuring the smooth operation of our commercial loan portfolio.

Key Responsibilities
  1. Loan Processing and Closing
  • Process and close commercial loans while providing accurate and detailed support.
  • Complete all pre-closing requirements.
  • Close loan in conjunction with Loan Officer, collect any fees required from borrower to deposit to loan suspense, prepare funding (if applicable) - wiring instructions, etc.
  • Send applicable items to be recorded: mortgages, assignment, modifications of mortgages, SNDA's, Landlord's consent, etc.
  • Copy original note for file; send required booking documentation to Loan Operations; Prepare Blue/Red Files with loan documents, supporting documents, financial info, etc. for post-closing document review
Portfolio Management
  • Assist in managing loan officer's portfolio.
  • At times, assist officer in pre-underwriting requirements/documents to the credit department (case by case basis).
  • Discuss with Loan Officer and create action plan regarding:
    • Exception list
    • Delinquency/O/D/Past Due List
    • Maturities (Matured Loan List)
  • Compliance and Regulatory
    • Keep up-to-date on all laws and regulations.
    • Complete necessary responsibilities to maintain compliance.
    • Follow bank processes and procedures.
  • Customer Service and Communication
    • Maintain active and open communications, and provide quality customer service to both internal and external customers.
    • Communicate (when necessary) effectively with:
      • Loan Officers
      • Credit Department
      • Loan Operations
      • Vendors (attorneys, title/insurance companies, county/state offices, etc.)
      • Borrowers
      Requirements
      • High School diploma or required.
      • 1-3 years of banking experience preferred.
      • Excellent interpersonal skills and professional manner.
      • Computer skills, especially the ability to work in Windows based systems.


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