Commercial Lending Administrator

Posted 16 Days Ago
Be an Early Applicant
Woburn, MA
Mid level
Financial Services
The Role
The Commercial Lending Administrator supports loan officers by preparing loan documentation, maintaining files, and coordinating communication between stakeholders to ensure smooth operations.
Summary Generated by Built In

The Commercial Lending Administrator provides ongoing support to the Commercial Loan Officer’s on assigned commercial accounts. The Commercial Lending Administrator determines pertinent information required for the preparation and review of loan documentation and is responsible for the processing/maintenance of all commercial loan files. The position also provides operation an administrative support to ensure a smooth workflow between various departments.
ESSENTIAL FUNCTIONS
• Create and review loan documents for all commercial lending closings.
• Act as the liaison between bank, attorneys and borrowers to assist in resolving any pre and post-closing issues in the absence of the Loan Officer.
• Request/retrieve missing legal documentation from borrowers and attorneys.
• Review loan closing packages to ensure all documents are received and executed.
• Timely and accurate organization and maintenance of electronic files.
• Provide administrative support to lending staff.
• Monitor pipeline reports.
• Verify evidence of insurance for closings.
• Preparation of Modification Documents on existing loans.
• Perform additional ad hoc duties as requested.
QUALIFICATIONS

• Minimum of three years of lending and/or paralegal experience within a Commercial Bank is preferred
• Proficient computer skills; including lending software as well as Microsoft Word & Excel
• Proper judgment and decision-making skills
• Ability to stay well organized and prioritize work flow in a multi-tasking environment
• Ability to work independently as well as in collaboration with a team
• Bachelor’s degree and experience in working in a corporate environment preferred.
 

Top Skills

Lending Software
Excel
Microsoft Word
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The Company
HQ: Woburn, MA
219 Employees
On-site Workplace
Year Founded: 1960

What We Do

Since 1960, Northern Bank has been the banking partner of choice for businesses and consumers throughout New England. We take an entrepreneurial, commonsense approach to providing a complete line of banking solutions. We are deeply invested in the communities we serve and passionately committed to helping you, our customers, grow. Thanks to the unwavering dedication of our team and the loyalty of our customers, we have been named the #1 performing Community Bank in New England for seven straight years and #1 in the United States in 2015.

Northern Bank provides businesses and individuals with deposit and cash management services, commercial and franchise financing, residential mortgages, and wealth management services. We currently operate 12 branches in the Greater Boston market. For more information, contact us at 800-273-6908 or visit www.nbtc.com. Member FDIC | Equal Housing Lender.

http://facebook.com/northernbankma
http://twitter.com/northernbankma

Social Media Guidelines: https://www.nbtc.com/customer-service/FAQs/what-are-our-social-media-guidelines-610

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