Sr. Lending Assistant

Division: Commercial • Department: CRE – Credit & Admin • Location: Boston, MA • Status: Non-Exempt • Grade: 9

About the Role

Performs administration of commercial loans for the Commercial Banking department. Ensures that loans are processed in a timely manner; internal and external customer service is maintained at a high level; and bank standards, practices, and procedures are followed. Excellent computer skills and business writing skills are required.

Responsibilities

• Assists with the processing of loan approvals, including the coordination of Management Loan Committee and Board Credit Committees.
• Supervises, trains, and coordinates the activities of the commercial lending assistants.
• Assists lenders with closings, including coordination of documentation, preparation of the loan files, funding of the loan, and establishment of deposit accounts.
• Provides a high level of customer support to clients, lenders, internal departments, and others to ensure a high-quality experience.
• Performs administrative duties, including the preparation of correspondence, presentations, and stocking and ordering of office supplies.
• Assists with coordinating with the compliance department to ensure that all reports, files, and procedures are effectively utilized.
• May require supporting the Division Executive with the coordination of meetings, events, and presentations.

Requirements

• Associate’s degree or equivalent experience.
• A minimum of five (5) years of experience in Commercial Lending, Loan/Deposit Operations.

Skills & Knowledge

• Excellent oral and written communication skills.
• Working knowledge of bank products, primarily commercial.
• Experience with the Microsoft Office suite software programs.
• Knowledge of the bank’s credit policy, particularly as it pertains to the approval process.

Pay

Salary range: $25.00 - $43.51 per hour. Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.