Commercial Loan Processor I

ESSENTIAL FUNCTIONS:

Supports the processing and coordination of commercial loan transactions
• Assists with reviewing loan applications and documentation to ensure completeness and
accuracy.
• Verifies loan terms and approval conditions are properly documented.
• Ensures required financial information is obtained based on the nature of the request.
• Prepares attorney instruction letters.
• Coordinates closing timelines with Loan Officers, attorneys, and other involved
parties.
• Assists in preparing loan files for closing, ensuring all required documentation is in
place.
• Identify and resolve issues that may delay loan processing or approval.

Coordinates with internal and external partners to support loan processing
• Order and review third-party reports such as appraisals, title reports, environmental
assessments, flood certifications, good standing searches, etc.
• Contacts insurance companies to verify coverage and lienholder information.
• Communicate with Loan Officers, customers, attorneys, and third parties to obtain required
information.
• Follows up on outstanding items to ensure timely loan processing and closing.
Performs documentation review and file maintenance

• Reviews loan files to ensure accuracy, completeness, and compliance with approval
terms.
• Identifies missing or incomplete information and follows up as needed.
• Maintains organized and complete loan files in accordance with bank policies and regulatory
requirements.
• Completes commercial loan processing worksheets and updates internal tracking systems.
Supports credit and reporting processes

• Assists with gathering information for Credit Committee and Board reporting.
• Provides requested reporting and supports tickler tracking for loan documentation and
exceptions.

Provides general support to the Commercial Loan Department

• Responds to routine inquiries from Loan Officers, customers, and internal staff regarding loan
balances, payoffs, and account information.
• Process advances on LOC’s and construction loans.
• Conducts account research to support a complete understanding of customer
relationships.
• Maintain accurate records and documentation in loan processing systems.
• Attends department and staff meetings.
• Performs other duties and special projects assigned.

REQUIRED SKILLS / ABILITIES:

• Strong attention to detail and organizational skills.
• Effective written and verbal communication skills.
• Ability to manage multiple tasks and meet deadlines.
• Ability to follow established procedures and work both independently and within a team.
• Strong problem-solving skills and ability to identify missing or inconsistent
information.
• Proficiency in Microsoft Office Suite (Word, Excel) or similar software.
• Ability to handle confidential information with professionalism and discretion.
SUPERVISORY RESPONSIBILITIES:

This position does not supervise employees.

EDUCATION AND EXPERIENCE:
• High school diploma or equivalent required; associate or bachelor’s degree in business, Finance,
or related field preferred.
• 1–3 years of commercial loan processing, loan operations, or related banking experience
required.
• Basic knowledge of commercial loan documentation and underwriting processes preferred.
• Experience working with financial statements, credit reports, and loan documentation
preferred.
• Notary Public designation preferred or willingness to obtain.

PHYSICAL QUALIFICATIONS:

• Ability to concentrate and perform responsibilities by maintaining a constant state of focus and
mental alertness.
• Ability to lift up to 25 pounds.
• Ability to communicate in person, through email or via telephone with customers and staff
members.
• Ability to sit or stand for an extended period.
• Specific vision abilities required by this job may include close vision and the ability to
adjust focus.
• Reasonable accommodation may be made to enable individuals with disabilities to perform the
essential functions.