Senior Commercial Lending Assistant

Bank of Utah was founded in 1952 and is one of Utah’s largest privately owned community banks. We were named S&P Global Top 20 Bank two years in a row and a Top 100 Fastest Growing Company. Our mission: We strive to unlock the potential of our team members, clients, and community. We act with integrity in every decision, build trust through every interaction, and exceed expectations at every opportunity. We seek to responsibly create lasting prosperity today and for generations to come.

About the role

This Senior Commercial Lending Assistant provides support for a variety of Commercial, Construction, and SBA Loan functions at our Orem Branch (1000 W 800 N, Orem, UT).

Responsibilities

• Pull reports: Good Standings, OFAC, UCC Search, Flood Search
• If collateral is property, verify property taxes are current
• Order Title Policy
• Review PR for requirements, exceptions
• Create workflow for proposed loan into SageWorks
• Image/upload all required documents into SageWorks
• Review entity documents for signing authority
• Review with the loan officer all loan documents received from Credit Admin for accuracy
• Review the signed loan documents for all required signatures
• When needed, close loans for officers
• Image/upload all signed loan documents into SageWorks
• Prepare title closing letter of instructions
• Follow up on any compliance issues
• Process paid outs / release collateral
• Clear up ticker exceptions
• Process any invoices that need to be paid
• Follow up on incomplete files
• Maintain paper loan files
• Disburse loans or make transfers when applicable
• Maintain original Notes & Collateral
• When applicable, process payments / loan payoffs
• Assist in training new lending assistants in their responsibilities
• Attendance is an essential function of the job
• Other duties as assigned

Requirements

• High School Education
• Five years of Commercial Loan processing experience
• Typing speed of 45 WPM

Schedule

Monday - Friday, 8 AM - 5 PM

Benefits

• Medical, dental and vision plans
• 401(k) plan and match up to 5 percent in our employee stock ownership program (eligibility requirements must be met)
• 12 paid bank holidays + paid time off, including paid parental leave
• Volunteer opportunities to make a difference in the communities where you work and live
• Awards and recognition to celebrate you and your colleagues for living the bank's values