Commercial Loan Administrator

About the Role

Partners with the Commercial Relationship Team to obtain and review information required for underwriting, documentation, and closing of C&I (Commercial and Industrial) and real estate term loans, as well as all deposit accounts and other services.

• Set up, process, and monitor documents and files for package completion to meet specifications of a customer request and adherence to regulatory requirements.
• Independently prepare data input sheets and provide required information for customer relationships to be boarded on the bank’s servicing system(s).
• Maintain files with all required documentation for third-party review and prepare files for timely audits.
• Set up and ongoing monitoring of loan and financial ticklers to ensure accuracy and timeliness. Follow up with customers to obtain all necessary information.
• Review and resolve a variety of customer problems/issues regarding bank products and services and facilitate processing of customer account maintenance and advance requests.
• Responsible for GL Certification, including research, balancing, and certification.
• Review business organizational documents to determine appropriate signing authorities and confirm such entities are in good standing with applicable governmental agencies.
• May perform preliminary review of property and liability insurance, title policy, and UCC searches to ensure compliance with bank policy and procedure.
• Demonstrate compliance with all bank regulations for assigned job function and apply to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keep up to date on regulation changes.
• Follow all Bank policies and procedures, compliance regulations, and complete all required annual or job-specific training.
• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security, and other regulations as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as a subject matter expert.
• Actively learn, demonstrate, and foster the Columbia corporate culture in all actions and words.
• Take personal initiative and be a positive example for others to emulate.
• Embrace our vision to become “Business Bank of Choice”.
• May perform other duties as assigned.

Education

H.S. Diploma/GED (preferred)
Bachelor’s Degree in business, finance, or related discipline (preferred)

Experience

2-4 years of previous banking or loan administration experience (Required)

Skills

• Basic knowledge in all areas of banking and lending.
• Ability to read and write, with basic arithmetic skills.
• Basic analytical and problem-solving skills.
• Strong written and verbal communication skills.
• Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
• Proficiency with personal computers and related software packages such as Word and Excel, and other business machines.

Travel Requirements

Occasional

Pay

The pay range for this role is $21.00 to $30.00. The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location.

Primary Location

Ability to work fully onsite at posted location(s):
13947 S Minuteman Drive Suite 200, Draper, UT 84020

Benefits

We are proud to offer a competitive total rewards package including base wages and comprehensive benefits. We offer eligible associates:

• Comprehensive healthcare coverage (medical, dental, and vision plans)
• 401(k)-retirement savings plan with employer match for qualifying associate contributions
• Employee assistance program
• Life insurance
• Disability insurance
• Tuition assistance
• Mental health resources
• Identity theft protection
• Legal support
• Auto and home insurance
• Pet insurance
• Access to an online discount marketplace
• Paid vacation, sick days, volunteer days, and holidays

Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.