Commercial Lending AdministratorNorthern Bank • Woburn, Massachusetts, US
Commercial Lending Administrator
Northern Bank • Woburn, Massachusetts, US
[job_card.variable_days_ago]
[job_preview.job_type]
- [job_card.full_time]
[job_card.job_description]Minimum of three years of lending and / or paralegal experience within a Commercial Bank is preferred Proficient computer skills; including lending software as well as Microsoft Word & Excel Proper judgment and decision-making skills Ability to stay well organized and prioritize work flow in a multi-tasking environment Ability to work independently as well as in collaboration with a team Bachelor's degree and experience in working in a corporate environment preferred.
Job Description
Job Description
SUMMARY / OBJECTIVE :
At Northern Bank, assisting small business owners grow their company is our passion. Our Commercial Lending team is focused on delivering exceptional service throughout the life-cycle of a loan. From inception, through underwriting, to the loan closing process, we are committed to operational excellence, superior customer service, and continuing to help business owners succeed and grow.
In this role, you will provide ongoing support to the Commercial Loan Officers on assigned commercial accounts. The Commercial Lending Administrator determines pertinent information required for the preparation and review of loan documentation and is responsible for the processing / maintenance of all commercial loan files. The position also provides operational administrative support to ensure a smooth workflow between various departments.
ESSENTIAL FUNCTIONS :
- Create and review loan documents for all commercial lending closings.
- Act as the liaison between bank, attorneys and borrowers to assist in resolving any pre and post-closing issues in the absence of the Loan Officer.
- Request / retrieve missing legal documentation from borrowers and attorneys.
- Review loan closing packages to ensure all documents are received and executed.
- Timely and accurate organization and maintenance of electronic files.
- Provide administrative support to lending staff.
- Monitor pipeline reports.
- Verify evidence of insurance for closings.
- Preparation of Modification Documents on existing loans.
- Perform additional ad hoc duties as requested.
JOB QUALIFICATIONS :
The salary range for the Commercial Lending Administrator is $65,000 - $75,000 per year.
About Northern Bank & Trust Company
Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook ( / NorthernBankM A / ), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company / northern-bank-ma / ).
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Commercial Lending Administrator • Woburn, Massachusetts, US
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