Commercial Credit Coordinator

Position Summary

At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations and having a strong commitment to diversity.

Key Result Areas

• Review of all critical fields within the loan approval document and the completion of required due diligence - including OFAC inquiries, flood determinations, CAIVRS inquiries, tax transcripts request, etc.
• Approval process of all commercial loans and processing required commercial workflows and service requests for approved loan requests via electronic credit file application; including but not limited to new loans, modifications/renewals/extensions, annual loan reviews, risk rating changes, etc.
• Updating, monitoring and maintaining various Credit Administration pipelines and generating and publishing pipeline reports as necessary.
• Maintain complete and accurate electronic credit files, including all applicable due diligence, final appraisal reports and supporting underwriting documentation.
• Create and ongoing maintenance of financial reporting ticklers in the Sageworks/Abrigo application as well as the generation of various related reports with primary focus on financial reporting tracking.
• Submit departmental invoices to Accounting in a timely and accurate manner.
• Aid in the preparation of weekly and quarterly Committee meetings, corresponding submissions and minutes.
• Process all assigned transactions within the electronic credit application after the meetings.
• Assist with the collection of ongoing vendor due diligence documents, and the maintenance of the Vendor Management Program and corresponding platform.
• Support departmental use and maintenance of systems including OnBase, Sageworks, Salesforce, DNA/Fiserv, and other core platforms.
• Establish and maintain effective working relationships with various departments, internal/external customers, and various third-party vendors.
• Adhere to relevant compliance policies and procedures pertaining to this position including, but not limited to Reg B, OFAC, Flood Hazard Determination.

Qualifications

• High school education and 2+ years of professional office environment experience and administrative experience.
• Commercial credit and/or commercial loan administration experience is preferred.
• Strong level of proficiency with MS Office Suite and proven ability to assimilate new software applications.
• DNA, Salesforce, OnBase, or equivalent imaging system and Sageworks experience also beneficial.
• Ability to multi-task, adapt quickly to changes and work effectively and independently to meet critical deadlines in a fast-paced environment.
• Strong communicator with exceptional organization skills, multitasking ability and keen attention to detail and accuracy.
• Excellent time management skills.
• Excellent customer service and interpersonal skills, with a proven ability to collaborate effectively across multiple divisions within the Bank.

About Cambridge Savings Bank

Cambridge Savings Bank is a full-service banking institution with over $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers.

Benefits

The reasonably estimated salary for this role at Cambridge Savings Bank ranges from $26.68 – $33.65/hr. Cambridge Saving Bank will determine actual compensation for the role based on factors including, but not limited to, the successful candidate’s skills, qualifications, and experience. In addition, Cambridge Savings Bank offers a wide range of comprehensive and inclusive employee benefits for full-time roles including healthcare, parental planning, mental health benefits, performance bonus opportunities, a 401(k) plan and match, flexible time off, and others.

Equal Opportunity Employer

Cambridge Savings Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.