Bank of Luxemburg is hiring a Commercial Loan Coordinator to join our team to prepare for an upcoming retirement.  This position will work out of our Luxemburg office.

As an employee of the Bank, supports company culture and mission statement to “Have a Positive Impact on People’s Lives”. Responsible for coordinating the loan process from loan application through loan closings, along with thorough research of all commercial loans.   Proactively assists lenders by serving customers with inquires on their accounts and promoting other banking services to customers as needed.

Principal Responsibilities and Duties:

1. Serves as Coordinator of loan processing for assigned lenders
   1. Meet with Lenders and Portfolio Managers weekly to go through Hawthorne River pipeline and renewal report (set up recurring calendar appointment).
      • Renewals - review prior loan documents to inform Lender/Portfolio Manager of items needed
      • Update loan status to documentation once approved and when sending to be booked
      • Process denials/withdrawals 
   2. Review all loan presentations for accuracy between presentation, Hawthorne River and prior loan documents if existing customer, during loan committee meetings and bring up discrepancies or concerns with documentation.  
   3. Review and verify, documenting clarification when necessary, with Lender/Portfolio Manager of the borrowers, guarantors, terms and conditions, and collateral on the loan presentation for all new, renewed and modified commercial loans. 
   4. Determine necessary documentation needed when comparing existing documentation of current customers. Request pre-closing loan documents from 3rd party vendors or customers (ordering appraisal and title work).
   5. Review obtained pre-closing loan documents for complete and accurate information, prior to preparing document package.  Identify and follow up on any discrepancies or documentation exceptions. 
   6. Prepare document package and verify with Lender if they want documents electronically signed or signed in person.  If e-signing, send/email documents needed for signature. 
   7. Scan, date and clearly label all loan and supporting documents into electronic document repository, ensuring all information is complete and accurate.
   8. Gather HMDA information and load information into Hawthorne River.
   9. Disperse loan proceeds needed for closing
   10. Administratively support Lender and provide backup as needed, including loan closings.
   11. Research and answer customer inquiries regarding loan information.
   12. Work with SBA/WBD and participating banks to verify loan approval.
2. Post closing  procedures  
   1. Verify all required documents are returned and signed.  Scan, date and label into electronic document repository.  Complete Booking Questionnaire and obtain proper approval of items that have changed since loan presentation was approved.  Mark loan to be booked in Hawthorn River.    
   2. Tracking final policies, appraisal completion certificates, missing loan documents, etc.
3. System Maintenance
   1. Maintain customer profiles in all loan operating systems, build and maintain loan and collateral account in electronic document repository, and update 3^rd party property tax vendor.
   2. Minimize credit and business risk through awareness of procedure, compliance, and bank policy.
   3. Responsible for meeting service level expectations in addition to team, individual productivity, and quality goal.

Associates Degree along with five years related financial industry experience required or seven or more years of equivalent work experience. Word, Excel and basic computer knowledge required. Must be able to work within deadlines. Strong attention to detail and the ability to multi-task. Strong interpersonal and organizational skills. Ability to work independently. Strong customer service skills. Strong analytical and problem solving skills.

Salary : $28 - $34