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Part Time Commercial Loan Assistant
Part Time Commercial Loan Assistant-May 2024
Springfield
May 14, 2025
About Part Time Commercial Loan Assistant

  Summary:

  Responsible for assisting Commercial Lenders in performing a variety of routine and clerical duties. Duties will predominantly include working with lender to prepare loan request. Work closely with lender, borrowers and credit administration staff on a daily basis.

  Essential Duties and Responsibilities:

  Prepare and send internal loan checklist to centralized processing for loan documents to be generated

  Order title work, appraisals, flood determinations, UCC searches and Environmental reports and other data as needed.

  Review loan applications to verify data is complete & meets compliance requirements

  Work with title companies to schedule loan closings, clear title issues if applicable

  Assists lender in obtaining necessary information from borrower, such as financial information and other data

  Review closing documents prior to funding, confirm proper vesting, legal descriptions, confirm we have appropriate insurance in place and clear any exceptions

  Upload all documentation and building electronic files so loans can be imaged after closing

  Provide administrative assistance to loan officer and appropriate staff

  Other duties as assigned.

  Education And/Or Experience:

  High School Diploma or equivalent

  One to three years of commercial banking experience preferred.

  Knowledge/Skills/Abilities:

  Functional knowledge of Microsoft Office applications (Excel, Word, Powerpoint)

  Strong verbal and written communication skills

  Detail oriented and ability to work under pressure of deadlines

  Working knowledge of loan programs & types. Mortgage terminology. Must be familiar with compliance rules/regulations (Reg B, RESPA, Reg Z, Fair Lending, etc)

  All candidates will be required to complete a pre-employment background, credit, and drug screening

  Physical Requirements:

  Must be able to exert up to 10 pounds of force occasionally and/or negligible amount of force frequently.

  Must be able to occasionally lift and/or move up to 25lbs.

  Specific vision abilities required by this job include close vision and the ability to adjust focus.

  Sitting for long periods of time.

  Working Conditions:

  General comfortable environment. Noise, heat, dust and other problems are minimal. All employees are required to maintain a neat and safe work area.

  Qualifications

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