Senior Commercial Loan Officer
1 week ago
About Webster Bank: As a leading commercial bank, we value integrity, collaboration, accountability, agility, respect, and excellence. Our commitment to serving our clients and communities is unwavering, and we strive to provide a supportive work environment for our employees.
Job Title: Commercial Loan Administrator
Key Responsibilities:
- Act as the primary liaison between the Lending Team and Operations, ensuring seamless communication and coordination.
- Conduct thorough Know Your Customer (KYC) activities and complete entity setup on loan systems, maintaining accuracy and attention to detail.
- Prepare Loan Setup forms and complete checklists for closing, guaranteeing a smooth and efficient process.
- Coordinate pre-closing activities with Attorneys, ensuring all necessary documents are in order.
- Monitor and coordinate insurance needs, ensuring compliance with bank policies and regulations.
- Review draft loan documents for alignment with bank policy, identifying and addressing any discrepancies.
- Perform quality control checks on loan systems, maintaining data integrity and accuracy.
- Contribute to internal projects aimed at improving the lending process, driving efficiency and innovation.
Requirements:
- Bachelor's degree from an accredited college or university.
- At least 5 years of experience in commercial lending loan administration.
- Excellent interpersonal and customer service skills, with the ability to build strong relationships with clients and colleagues.
- Basic understanding of loan and lending systems, as well as Microsoft Applications.
- Fundamental math, accounting, and finance skills, with the ability to analyze and interpret financial data.
Webster Bank is an Equal Opportunity Employer: We welcome applications from qualified candidates without discrimination based on race, color, religion, sex, national origin, disability, or veteran status.
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