COMMERCIAL LOAN SPECIALIST - COLUMBIA CITY

STAR Financial Bank is an Indiana-based community bank known for its culture of delivering quality service, personalized banking solutions, and innovative use of technology for more than 80 years. We are proud to be a community bank in every aspect of the word. Beyond monetary giving and employee volunteerism, STAR is dedicated to partnering with the people and organizations that improve our communities. At every one of our locations, employees demonstrate their commitment to STAR and our customers by honoring our core values of Honesty & Integrity, Accountability, Respect for All, Do What’s Right, Commitment to Lifelong Learning, Community Leadership, Being Progressive, Celebrating Success and Remaining Independent.

STAR Financial Bank proudly celebrates diversity and remains conscious of the realization that diversity is not solely represented by physical characteristics. STAR is an equal opportunity employer (EEO) with a commitment to inclusivity for all employees and applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, pregnancy, age, disability, genetic information, marital status, or status as a covered veteran in accordance with applicable federal, state, and local laws. STAR complies with applicable STAR and local laws governing non-discrimination in employment in every location in which we have facilities.

The Commercial Loan Specialist position is included in a workplace model that allows for a combination of in-office and remote work.

As a Commercial Loan Specialist, essential responsibilities include:

• Identify upcoming maturities and coordinate renewals through maintenance and use of the loan maturities report.
• Initiate credit memorandum process reflecting modifications for assigned Relationship Manager(s).
• Initiate credit proposal requests to underwriting for new loans needing committee approval for assigned Relationship Managers(s).
• Enter Bank 2 business data and coordinate approval process on new loans and renewals for assigned Relationship Manager(s).
• Verify currency of all financial information through document review and communications with customers.
• Assure that current information is provided to Credit Department.
• Schedule and facilitate loan closings.
• Prepare loans-in-process tickets and issue loan checks, within limits.
• Prepare executed loan documents for processing and filing.
• Administer documentation, exceptions, and post-closing follow-up lists.
• Administrate line-of-credit draw and transfer requests and coordinate with commercial loan Administration (CLADMIN).
• Facilitate the maintenance and updating of commercial loan and deposit accounts with CLADMIN and Treasury Management.
• Acquire documents for Treasury Management.
• Ensure all client questions and problems are addressed and solved.
• Place calls to customers related to overdrafts, past-due loans, missing documentation, etc.
• Coordinate Relationship Manager schedules, as needed.
• Compose and produce client correspondence.
• Close loans on behalf of relationship Managers, acting as the closing agent.
• Responsible for sales prospect database management and other sales-related contact lists.
• Periodically accompany relationship Managers on client, prospect, and center of influence calls to assist in presenting the full complement of service plans.
• Compile sales information packets as needed for Relationship Manager calling.
• Complete One-Point data entry, as needed.

Skills Needed 

• Excellent oral and written communication skills.
• High level of organizational skills; attentive to details.
• Self-starter with proven ability to work with multiple priorities.
• Demonstrated skills working with Microsoft Office Suite.

In addition to traditional compensation and benefits packages, our leaders continue to collaborate to launch innovative employee benefits and perks including, Affordable Medical/ Vision/ Dental Coverage • Flexible Dependent Care Account • Health Savings Account (with employer contributions) • Prescription Drug Plan • Employee Wellness Initiatives (physical/mental/financial) • Health Management Reimbursement  Program • Short Term/Long Term Disability • Life Insurance • Tuition Reimbursement • Competitive Pay and Bonus Program • 401k (with employer match) • Generous Paid Time off including 11 1/2 holidays. 

** Eligibility of benefits are determined by employment status classification and may be discussed during the interview process.