Commercial Loan Assistant

About the role

We are seeking an individual who will provide administrative support to an assigned Commercial Loan Officer(s) by assisting in the coordination of loan documentation requests and portfolio management.

Responsibilities

• Reviews incoming loan requests or updated financial packages for accuracy.
• Creates workflows for loan applications onto the commercial lending software for further review and underwriting.
• Works closely with the underwriters and Commercial Loan Officers to obtain a complete loan package.
• Clocks the timing of approval, including obtaining or ordering financials, tax returns, appraisals, prelims, and other necessary reports.
• Manages the overall process and integrity of Loan Documentation Requests upon loan approval.
• Compiles and coordinates complete loan documentation packages, including entity documentation, preliminary title reports, UCC searches, and other necessary items.
• Coordinates the opening of escrows, obtains title fees, and orders third-party required reports.
• Includes credit reports, UCC lien searches, preliminary title reports, flood reports, and other applicable reports.
• Responds to routine customer and internal inquiries regarding loan servicing.
• Processes withdrawn or declined loan applications and prepares adverse action notices.
• Provides customer service and assists in resolving issues within assigned authority.
• Assists Commercial Loan Officer and Construction Servicing in the preparation of construction loan budgets.

Requirements

• High school diploma or equivalent.
• To be considered, must have previous experience in a banking or financial services environment and should consist of commercial credit or commercial loan processing background.
• Strong organizational skills and attention to detail.
• Proficiency in loan processing software and Microsoft Office Suite.

Qualifications

• Associate's degree in finance, business, or a related field.
• Experience with commercial lending processes and documentation.

Skills

• Strong organizational abilities.
• Attention to detail.
• Excellent communication skills.
• Familiarity with commercial lending processes.
• Proficiency in relevant software tools.

Benefits

Oak Valley Community Bank also offers a comprehensive benefits package that includes medical, dental, vision, retirement savings with employer match, paid time off, and other voluntary benefits.

Pay

Final compensation will be based on skills, experience, and internal equity. Salary range: $50,000 – $70,000 annually [$24.04 per hour- $33.65 per hour].

Schedule

The position is full-time.