Commercial Loan Specialist (163433)

Job Title: Commercial Loan Specialist
Location: Johnston, RI (Onsite to start; hybrid potential – 1 day remote per week)
Pay Rate: $24–$26/hour
Schedule: 40 hours/week, Monday–Friday, 8:00 AM – 5:00 PM

Position Overview:
The Commercial Loan Specialist is a key member of the Business Banking Operations team, responsible for ensuring complex loans are closed and documented in accordance with credit policies. This role requires precision, strong organizational skills, and a thorough understanding of loan documentation, federal regulations, and compliance requirements. The Commercial Loan Specialist will manage a pipeline of transactions, serve as a compliance gatekeeper, and coordinate closely with sales partners, legal counsel, and clients.

Primary Responsibilities:

• Ensure loans are closed and documented according to credit approval procedures.
• Accurately book loans into the loan accounting system.
• Manage a loan pipeline of 25–30 transactions, communicating status and conditions to partners and clients in a timely manner.
• Perform due diligence, review operational risk, and ensure all conditions precedent are met prior to loan closing or funding.
• Collaborate with sales partners, customers, legal counsel, and third parties to clear pre-closing conditions, including environmental reports, appraisals, flood determinations, lien positions, and title work.
• Reconcile Loan Accounting Recon accounts for assigned loans.
• Manage and resolve post-closing legal documentation exceptions in compliance with policies.
• Implement effective controls, monitor key client indicators, and manage loan closings within established Key Performance Indicators (KPIs).
• Provide exceptional customer service while adhering to policies, controls, and regulatory requirements.
• Mitigate operational and reputational risk.

Required Skills and Experience:

• 1–3 years of experience in a business/commercial lending environment.
• Knowledge of AFS and Laser Pro is a plus.
• Exceptional customer service and communication skills.
• Highly motivated, team-oriented, and able to manage and resolve moderately complex problems.
• Strong organizational and time management skills with the ability to prioritize multiple tasks independently.
• Ability to manage a pipeline of credits while meeting service level agreements.

Education:

• High School diploma or equivalent (GED) required.
• Associate’s Degree or higher preferred.

If you are interested, please send an up-to-date resume to jschafer@alinestaffing.com

INDJP

Pay: $24.00 - $26.00 per hour

Expected hours: 40 per week

Benefits:

• Dental insurance
• Health insurance
• Vision insurance

Experience:

• Commercial Lending: 1 year (Required)
• Laser Pro: 1 year (Required)

Work Location: In person

Salary : $24 - $26