What are the responsibilities and job description for the Commercial Banking Associate position at American Commercial Bank & Trust?
American Commercial Bank & Trust, NA
Commercial Banking Associate - ON SITE in Schaumburg, IL
American Commercial Bank & Trust is currently seeking well-organized and client-focused candidates for our Commercial Banking Associate position, which is located in our Schaumburg, IL Office. The primary responsibility of the Commercial Banking Associate (CBA) is to provide a high level of service to Bank clients, prospects, and internal associates. This customer service role works in tandem with Commercial Loan Officers to compile and prepare loan presentation summaries in a timely and accurate manner. This individual will be responsible for processing approved loan requests from inception to closing, maintaining exception-free credit files, and managing a growing portfolio of loan and deposit clientele.
Key job duties and responsibilities include the following:
- Acts as a liaison between Lenders, Clients and third parties to obtain and maintain documents required for new and existing loan underwriting and depository relationships.
- Reviews documents which support underwriting such as organizational documents, title commitments, financial statements, appraisals, and construction draw documentation.
- Support the Lending Officer(s) in monitoring HMDA and CRA reporting.
- Maintain knowledge of the Bank's Loan Policy to ensure accuracy of loan presentations and of documentation.
- Facilitate loan documentation and coordinate and conduct loan closings.
- Open business accounts and review daily account activity reports.
- Manage financial and collateral exceptions of assigned portfolio within bank standards.
- Generate deposit account documentation and maintain knowledge of Treasury Management services.
- Other projects and duties as assigned, including ongoing training and learning.
Education and Experience:
- Seeking 3 years of prior experience with processing and closing commercial loans for middle market clients, and high level of client interaction.
- Bachelor's degree in business preferred.
- Will also consider more years of experience with processing and closing commercial loans in lieu of bachelor's degree.
Skills and Abilities:
- Ability to prioritize competing tasks and exhibit strong written and verbal communication skills.
- Attention to detail and strong organizational skills.
- High level of responsiveness and follow-through with both internal and external customers.
- Strong problem-solving abilities and resourcefulness in finding solutions and answering challenges.
- Strong working knowledge of Microsoft Suite; experience in the FIS Horizon banking platform and Baker Hill preferred.
American Commercial Bank & Trust is an Equal Opportunity Employer (Protected Veterans, and Individuals with Disabilities).
A comprehensive benefits package offered for Full-time positions, including medical, dental and vision coverage, Life/STD/LTD plans, Flexible Spending Account, H.S.A., 401k with company match, ESOP, paid vacation, sick time, and holidays. For more information on our branch locations, visit us online at: www.acbandt.com.
Candidates will be required to submit to a background check when presented with a conditional offer of employment.
Salary : $55,000 - $75,000