Commercial Lending Assistant
Bank of Utah · Provo, UT · 1 mo ago
FinanceFull-time
About the role
Bank of Utah, founded in 1952, is one of Utah’s largest privately owned community banks, recognized as an S&P Global Top 20 Bank and a Top 100 Fastest Growing Company. The mission is to unlock the potential of team members, clients, and community, acting with integrity, building trust, and exceeding expectations. The Commercial Lending Assistant position supports Commercial, Construction, and SBA Loan functions at the Provo branch (3670 North University, Provo, UT) Monday‑Friday. The role may be filled at level I, II, or III based on qualifications.
Responsibilities
- Pull Good Standings, OFAC, UCC Search, Flood Search
- If collateral is property, verify property taxes are current
- Order Title Policy
- Create workflow for proposed loan into SageWorks
- Image/upload all required documents into SageWorks
- Review with the loan officer all loan documents received from Credit Admin for accuracy
- Review the signed loan documents for all required signatures
- Image/upload all signed loan documents into SageWorks
- Prepare title closing letter of instructions
- Follow up on any compliance issues
- Process paid outs / release collateral
- Clear up ticker exceptions
- Process any invoices that need to be paid
- Follow up on incomplete files
- Maintain paper loan files
- Disburse loans or make transfers when applicable
- Maintain original Notes & Collateral
- When applicable, process payments / loan payoffs
- Attendance is an essential function of the job
- Other duties as assigned
Qualifications
- High School Education
- Good skills with Microsoft Word and Excel
- Some experience in Commercial Loans preferred
Benefits
- Great work‑life balance, with a Monday‑Friday schedule
- Competitive pay and benefits, including medical, dental and vision plans
- 401(k) plan and match up to 5 percent in the employee stock ownership program (eligibility requirements apply)
- 12 paid bank holidays + paid time off, including paid parental leave
- Volunteer opportunities to make a difference in the communities where you work and live
- Awards and recognition to celebrate you and your colleagues for living the bank's values