Commercial Loan Administrator

About the role

The Merrimack is seeking a Commercial Loan Administrator to join our team in Concord, NH. This full-time position supports commercial loan transactions from approval through closing, working closely with lending staff and customers.

Responsibilities

• Prepare and review loan documentation to ensure accuracy, timeliness, and compliance with bank policy and regulatory guidance.
• Proactively support lending staff and customers by prioritizing workflows and addressing requests to ensure an efficient loan process.
• Manage the loan process from approval through closing by coordinating with lending staff, attorneys, customers, loan operations, compliance, and third parties.
• Perform ongoing loan servicing activities.
• Maintain complete and accurate loan and credit files.
• Prioritize and manage workload to meet established timelines and service level expectations in a fast-paced, high-volume environment.

Requirements

• 1-3 years of related banking experience preferred.
• Previous experience in loan processing or closing preferred.
• Strong verbal and written communication skills.
• Ability to manage multiple projects simultaneously, prioritize tasks, and meet deadlines.

Benefits

• Competitive salary ($22.60–$26.60/hour, negotiable based on experience).
• Comprehensive benefits package including medical, dental, and vision coverage.
• 401K with company match.
• Paid time off and paid parental leave.
• Tuition reimbursement and professional development opportunities.

Schedule

Full-time, Monday–Friday, 8:00 AM–5:00 PM.