Loan Assistant II

About the Role

The Loan Assistant II serves as a vital support partner to commercial lenders, ensuring the integrity and efficiency of the loan lifecycle. This role is dedicated to verifying, compiling, and completing loan applications, preparing new loan requests for processing, and conducting thorough reviews to ensure data completeness and adherence to established standards.

In this position, you will manage the end-to-end documentation process, from processing loan extensions and preparing files for booking to computing payments and interest. The role requires a high degree of accuracy in reviewing Loan Offering Memorandums (LOM), ordering supporting documentation, and performing pre-funding reviews. You will also handle the closing and funding of loans, prepare loan packages for shipping, and manage routine tasks such as pulling maturity reports, assisting with collateral exceptions, and processing draw requests.

Working Environment

This position operates in a moderately noisy environment with a mix of sitting and standing. The work involves semi-repetitive tasks that require periods of sustained concentration. While the physical demands are generally low, the role requires the ability to lift and move items up to 25 pounds occasionally and 10 pounds frequently. Reasonable accommodations are available to enable individuals with disabilities to perform essential functions.

Application Instructions

Candidates should possess a high school diploma or GED, along with specialized schooling or on-the-job training in areas such as data processing or clerical administration. A minimum of five years of related experience or an equivalent combination of education and experience is required. Proficiency in word processing, spreadsheets, and database management is essential, along with strong mathematical and critical thinking skills.

Previous experience in loan documentation and a solid understanding of financial institution products are highly valued. Applicants must demonstrate excellent proofreading skills, attention to detail, and the ability to manage multiple priorities effectively.

Equal Opportunity Employer

We are committed to providing a safe and inclusive workplace. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job. We consider qualified applicants regardless of background.