Commercial Loan Coordinator Assistant
About the role
1st Security Bank team members deliver service that "WOWs" each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!
If you are the type of individual that would enjoy working at one of the Puget Sound's Best Places to Work for 10 years in a row and focuses on providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5-star Bank in Washington State by Bauer Financial, an independent bank rating firm.
POSITION SUMMARY: Processes and prepares loan documentation related to renewals and extensions of commercial loans. Coordinates and communicates with appropriate loan coordinator and loan officers. Provides high quality ‘WOW’ customer service to internal and external customers. Review of loan documentation after closing to ensure timely imaging and accuracy of final loan files. Assists in ordering title and appraisals. Utilizes core operating system and the Laser Pro documentation system. Work is performed under limited supervision, incumbent applies judgment, and decision-making is based on learned and written procedures/guidelines.
Responsibilities
- Prepares and processes loan documentation in accordance with credit approval.
- Oversee the imaging of funded loan files, ensuring quality control.
- Assist in gathering and verifying supporting documentation (e.g., title policies, permits, insurance).
- Loan closing tasks may include title reviews, flood determination, appraisal orders, escrow setups, and UCC searches. Assists in collecting data to clear title.
- Update system records and perform post-funding reviews to ensure file accuracy.
- Communicate effectively with loan coordinators and loan officers to resolve issues.
- Reviews requests for changes and/or waivers to certain loan documents and conditions within scope of authority.
- Performs other duties as assigned.
Requirements
Minimum of 1 year of experience in commercial or construction lending (origination, processing, closing, and/or servicing). Basic knowledge of relevant regulations, including the Bank Secrecy Act and Anti-Money Laundering policies. Strong attention to detail and the ability to prioritize tasks effectively. Background in accounting or financial services preferred.
Skills
To perform this job successfully, an individual should be skilled in Microsoft Office Products, with the ability to learn banking software.
The employee will primarily operate in a general office environment, using office equipment such as a phone and a computer. The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment. The employee must be able and willing to interact frequently with the general public. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Benefits
- Full medical, dental, and vision coverage for individual or family plan.
- Life insurance.
- Long-term disability insurance.
- 401K matching program.
- Paid sick and vacation time.
Pay
Salary Range: 21.00 to 24.00 per hour.