What are the responsibilities and job description for the Commercial Loan Administration Specialist position at Arizona Central Credit Union?
Arizona Central Credit Union Ranked #2 in Top 10 Credit Unions in AZ for 2026
"Ranking Arizona: Top 10 credit unions for 2026" AZBIGMEDIA
Arizona Central Credit Union offers a comprehensive benefits package, including medical, dental, vision, 401k with up to 6% match, an employee assistance program, and much more.
The Commercial Loan Administration Specialist will perform a variety of commercial loan and deposit duties within the Business Financial Services Department.
Summary of Job Functions and Responsibilities:
- Order and track required documentation for loan approvals (including appraisals, title policies, and environmental reports) and for deposit accounts.
- Perform necessary account file maintenance and process transfers, payments, and loan payoffs for businesses transactions, including participations purchase and sold loans on the core system.
- Create, maintain, organize, and updates collateral, credit, and appraisal files.
- Assist with initial inquiries and gather required documentation from applicants.
- Manage delinquency reports and contact member when appropriate.
- Accurately compile, input, and validate all monetary data necessary to execute and document loans.
- Review loan authorization requests and all attachments to determine documents required to produce the loan according to CU underwriting guidelines, policies, and regulations.
- Review approved loan requests/documents and board loan on core system.
- Develop and maintain procedures, checklists, and tracking systems to manage loan covenants and compliance requirements.
- Manage applicant loan and deposit inquiries and online requests.
- Experience: One to three years similar or related experience, preferably within the business and commercial lending area or comparable member service-related position.
- Education: A high school diploma or equivalent