What are the responsibilities and job description for the Commercial Lending Assistant position at GREENFIELD SAVINGS BANK?
Position Title: Commercial Lending Assistant
Location: Greenfield, MA (onsite)
Job Summary:
The incumbent will provide administrative support to the Commercial Loan Officers. This position requires an aptitude of developing a working knowledge of commercial lending and commercial loan documentation, departmental policies and procedures, rules and regulations, and technical computer skills. The prospective applicant must maintain a sound working knowledge of the software programs utilized by the Commercial Loan Department. This position reports to the Vice President & Commercial Loan Administration Manager.
Duties (Essential Functions):
- Responsible for providing loan activity information to Loan Operations in an accurate and timely manner.
- Gather various documents and other information necessary in the underwriting and approval of commercial loan transactions, including UCC searches, flood determination reports, and other related documents.
- Prepare commercial loan documents, commitment letters and adverse action notices.
- Arrange commercial loan closings, including maintenance of a closing calendar and forwarding any necessary documents to closing attorneys.
- Responsible for tracking and obtaining missing commercial documents after Loan Servicing performs post-closing audit.
- Review all loan documents pre- and post-closing, organize loan files and submit to Loan Operations in a timely manner.
- Prepare Loan Modification documents.
- Prepare CDA information and submit to Credit Department.
- Share in departmental telephone duties, including answering and directing incoming telephone calls.
- Assist with the design and update of forms and special reports used in the Commercial Loan Department.
- Perform other similar duties as required by responsibility or requested by supervisors.
- Accept, prepare and enter Wire Transfer requests.
Job Requirements:
- Degree (or pursuing a degree) in business, finance, or related field, or three years' experience in commercial loan documentation is desired but will train the right candidate.
- Aptitude to learn quickly or is familiar with loan documents such as notes, security agreements and guarantees
- High level communication and analytical skills
- Results oriented
- Team oriented
- Proficiency in Microsoft Word and Excel
- Ability to multi-task in a fast-paced work environment
- Attention to detail
Greenfield Savings Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity and/or expression, national origin, disability status, protected veteran status, age, marital status, or any other protected class.
