Jobs · Finance · Massachusetts

Commercial Lending Specialist

Rockland Trust · Worcester, MA · 1 mo ago
FinanceFull-time

About the role

The Commercial Lending Specialist serves as a resource to the Commercial Lending Center, assisting with general administrative duties, credit-related activities, and special assignments.

Responsibilities

  • Act as a liaison between the Lending Center Manager, Commercial Loan Officers, attorneys, customers & other areas within the Bank.
  • Prepare documents for loan origination, renewals and closings, such as commitment letters, credit memo, and other required documents.
  • Order and track documents required to complete loan file including ordering floods; appraisals and ESA’s when applicable.
  • Review documentation against commitment and the credit memo.
  • Aid in coordination of information sent to Credit department for analysis and spreads.
  • Absorb and assist lending team with implementation of the new nCino commercial loan system.
  • Prepare reports and manage various databases; process and track all income and expenses information and review monthly finance reports for accuracy.
  • Manage, organize, and update relevant data using database applications.
  • Obtain and review documentation deficiency report and endeavor to cure deficiencies as needed.
  • Manage, organize, and update relevant data using database applications.
  • Interpret financial statistics and other data in order to produce relevant reports. Understand the relevance of key ratios, covenants and documentation exceptions.
  • Aid in ensuring lender compliance with federal laws applicable to Rockland Trust’s lending function.

Qualifications

  • 3-5 years of Commercial Banking experience and knowledge of various commercial loan documentation preferred.
  • Proficiency with Microsoft Office, Excel and Power Point.
  • Ability to create financial and statistical tools and reports using excel spreadsheets.
  • Must be a detailed-oriented individual with strong analytical and communication skills.

Benefits & Culture

Our goal is to offer our colleagues the most generous benefits package possible. We provide a comprehensive suite of benefits designed to support your health, financial security, and overall, well-being. Benefits include: competitive compensation with performance-based incentive awards, health and dental insurance, a 401(k) and DC retirement plan, LTD and life insurance, paid vacation, day care reimbursement, tuition assistance for undergraduate and graduate programs, an award-winning wellness program, and much more!

At Rockland Trust, you’ll find a respectful and inclusive environment where everyone has the opportunity to succeed. We are 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.

Pay & Schedule

Compensation for this role will be based on a variety of factors, including skills, experience, education, and internal equity. The salary range posted reflects the company's good-faith estimate of the range for this position at the time of posting. Actual compensation may vary. In addition to base salary, certain positions may be eligible for additional compensation, including commissions, incentive awards or stipends.

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