Commercial Loan Assistant

Position Summary

Provides administrative and clerical assistance for Commercial Loan Officers in the development of commercial relationships.

Essential Functions

• Prepares a variety of documents; new business loans, modifications, file comments, etc.
• Prepares new commitment letters from Board approvals or loan proposals.
• Reviews loan documents prepared in-house and by outside counsel and prepares loans for funding and booking.
• Completes the compliance/doc checklist for each new transaction.
• Follows all policies and procedures related to compliance for loan closings and on-going account maintenance.
• Contact Attorneys on missing documents or document corrections.
• Obtains flood determinations and follows all policies and procedures related to properties located in a flood zone.
• Sends flood policies to Loan Servicing for review and approval in advance of loan closing.
• File new UCC filings, and track UCC continuations and amendments.
• Reviews UCC’s filed by Attorneys to assure filing and enter into iLien for tracking.
• Aid Loan Officers with customer account problems and requests; forwards to appropriate department when necessary.
• Complete a variety of tasks for Commercial Loan Officers and Relationship Managers.
• Other reports and projects as necessary.

Position Qualifications

• Attention to Detail
• Organizational Relations
• Organizational Skills
• Problem Solving
• Productivity & Time Management

Education/Experience/Skills & Abilities
High School Diploma or GED required.
At least 3 years of relevant work experience required, bank loan servicing experience desired.
Working knowledge of Microsoft office, Word and Excel required.
Knowledge of various programs related to job function.

Physical Demands

• Stand: O (Occasionally)
• Walk: O (Occasionally)
• Sit: C (Constantly)
• Handling / Fingering: N (Not Applicable)
• Reach Outward: N (Not Applicable)
• Reach Above Shoulder: N (Not Applicable)
• Climb: N (Not Applicable)
• Crawl: N (Not Applicable)
• Squat or Kneel: N (Not Applicable)
• Bend: N (Not Applicable)
• Lift/Carry 10 lbs or less: N (Not Applicable)
• 11-20 lbs: N (Not Applicable)
• 21-50 lbs: N (Not Applicable)
• 51-100 lbs: N (Not Applicable)
• Over 100 lbs: N (Not Applicable)
• Push/Pull 12 lbs or less: N (Not Applicable)
• 13-25 lbs: N (Not Applicable)
• 26-40 lbs: N (Not Applicable)
• 41-100 lbs: N (Not Applicable)
• N (Not Applicable)
• O (Occasionally)
• F (Frequently)
• C (Constantly)

Occupational Safety

• None

Additional Information

Westfield Bank has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.