Senior Commercial Loan Officer

7 days ago


Davis, California, United States First Northern Bank of Dixon Full time
Commercial Loan Specialist Job Description

First Northern Bank of Dixon is seeking a highly skilled Commercial Loan Specialist to join our team.

About the Role:

  • This position supports the Business Industries & Agricultural Lending Teams throughout the loan process from origination to ongoing portfolio maintenance.
  • The ideal candidate will have a working knowledge of commercial and agriculture lending applications, loan documentation, agricultural loan disbursements, loan documentation intake and tracking, and performs various ancillary functions in support of the lending teams.

Responsibilities:

  1. Loan Application Preparation: Prepare new loan applications in credit processing platforms, upload customer documents, and move through workflow.
  2. Document Management: Create folders and upload documents in the department's file format.
  3. Credit Reporting: Coordinate with Loan Officers to order preliminary title reports, property profiles, trust certificates, Secretary of State Business Search, Entity and Identification documents, UCC searches, flood certificates, appraisals, environmental reports, collateral reports and exams, insurance certificates, and tax return verifications (if SBA 7a).
  4. Ticketing and Tracking: Review preliminary title reports and advise Loan Officers of items needing attention or to be cleared from title.
  5. Loan Processing: Utilize credit processing platforms to start the loan application process, coordinate and order loan documents internally.
  6. Compliance and Risk Management: Utilize calendar reminders to ensure the Bank stays in compliance with Reg B by reminding Loan Officers of upcoming actions.
  7. Customer Support: Assist Loan Officers as needed by securing tickler items from borrowers, including but not limited to annual financial statements, property operating statements and rental rolls.
  8. Agricultural Loan Management: Support monitoring and clearing the tickler items on the Tickler Report, as needed.
  9. Loan Closing Coordination: Coordinate with title & escrow companies, prepare loan closing instructions for Loan Officer review and approval.
  10. Loan Disbursement: Review closing instructions, signed loan documents and coordinate with the appropriate team for the completion of new loan disbursements.
  11. Budget Draw Approvals: Handle Agricultural loan budget draw requests and approvals within authority; submit to Loan officer for approvals where needed.
  12. Reporting and Data Management: Maintain daily log of all loan draw advances and send quarterly report to Credit Administration.
  13. Loan Operations Support: Prepare document package and boarding instructions for transfer to Loan Operations department for boarding.
  14. Customer Interaction: Interact with new and current Bank customers regarding their loan status, history and payments.
  15. Phone Support: Field incoming calls from existing and prospective customers, be able to assist them directly or refer them to the appropriate team member for assistance.
  16. Compliance and Governance: Comply with all applicable Banking compliance rules and regulations established by both internal departments and external agencies.

Secondary Responsibilities:

  1. SBA Loan Processing: Process, service and assist with SBA loans as needed.
  2. Pipeline Reporting: Support Senior Loan Officer in preparation of the weekly pipeline report; provide other administrative support as needed.
  3. Ad-Hoc Duties: Perform all other duties assigned.

Requirements and Qualifications:

  • Education: High school diploma or general education degree (GED) required; some college preferred;
  • Experience: Minimum of three years' related experience and/or training; or equivalent combination of education and experience;
  • Skills: Strong working knowledge of Microsoft Excel, Word and Outlook.

Benefits:

  • Salary Range: $25.00 - $33.00 per hour;
  • Full-time Position: Excellent compensation and benefits package;
  • Time Off Programs: Generous time off programs;
  • Performance Incentives: Bonus program, profit-sharing, discounted stock purchase program.

Why Join Us:

  • Professional Growth: Excellent growth and development opportunities;
  • Diversity and Inclusion: First Northern Bank does not discriminate based on race, color, religions, sex, gender identity, age, national origin, marital status, pregnancy, disability, or any other protected status;
  • Work Environment:


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