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Commercial Lending Assistant Jobs in Rochester, MN

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Commercial Lending Assistant information

See Rochester, MN salary details

$22.9K

$38.6K

$57.8K

How much do commercial lending assistant jobs pay per year?

As of Aug 19, 2026, the average yearly pay for commercial lending assistant in Rochester, MN is $38,598.00, according to ZipRecruiter salary data. Most workers in this role earn between $32,100.00 and $41,300.00 per year, depending on experience, location, and employer.

What is a commercial lending assistant?

Commercial Lending Assistants are financial professionals who support loan officers and commercial lenders in processing, managing, and servicing business loans. Their responsibilities typically include preparing loan documentation, coordinating with clients and internal departments, performing credit checks, and ensuring compliance with banking regulations. They play a key role in ensuring the smooth and efficient operation of the commercial lending process, helping both the financial institution and its business clients. Strong organizational and communication skills are important in this role.

What does a commercial lending assistant do?

A commercial lending assistant works with business accounts to assist them with loans they need for business purposes. Your duties as a commercial lending assistant are to suggest loans that fit each client’s needs, review loan applications and other documents, and process loans for business clients. You then prepare closing packages and documents for the responsible person accepting the loan. Your responsibilities may also include processing payments, contacting clients to collect overdue payments, and offering customer service assistance over the phone, through email, or in person. These positions are typically full-time jobs with banks, credit unions, or lending companies.

What are the key skills and qualifications needed to thrive as a commercial lending assistant, and why are they important?

To thrive as a Commercial Lending Assistant, you need a solid understanding of financial documentation, loan processing, and basic banking principles, typically supported by experience in banking or finance. Familiarity with loan origination systems, Microsoft Office Suite, and sometimes commercial lending software is common in this role. Strong attention to detail, organizational skills, and effective communication help you excel when managing client information and supporting loan officers. These skills ensure accurate loan processing, compliance with regulations, and smooth client interactions, all crucial for supporting business lending operations.

What are some typical challenges faced by commercial lending assistants when supporting multiple loan officers?

Commercial Lending Assistants often juggle requests from several loan officers, which can lead to competing priorities and tight deadlines. Balancing the preparation of loan documents, gathering client information, and ensuring compliance with regulatory requirements requires strong organizational skills. Effective communication and proactive time management are essential to avoid bottlenecks and maintain accuracy in documentation. Team collaboration and regularly clarifying priorities with loan officers can help manage workload and minimize stress.

What is the difference between Commercial Lending Assistant vs Loan Processor?

AspectCommercial Lending AssistantLoan Processor
CredentialsTypically requires a high school diploma or equivalent; some roles prefer banking or finance certificationsSimilar; often requires a high school diploma and familiarity with loan processing software
Work EnvironmentBanking or financial institution, supporting commercial loan teamsFinancial institutions, focusing on loan documentation and approval processes
Employer & Industry UsageUsed in commercial banking, supporting loan officersCommon in mortgage and commercial lending sectors
Search & Comparison IntentOften searched by those interested in commercial banking support rolesCompared for roles involving loan documentation and processing

The Commercial Lending Assistant and Loan Processor roles share similarities in credentials and work environment, both supporting lending operations within financial institutions. However, the assistant primarily supports commercial loan teams, while the processor handles detailed loan documentation and approval processes. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

More about Commercial Lending Assistant jobs

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For Commercial Lending Assistant jobs in Rochester, MN, the most frequently searched job titles are:

What job categories do people searching Commercial Lending Assistant jobs in Rochester, MN look for?

The top searched job categories for Commercial Lending Assistant jobs in Rochester, MN are:

What cities near Rochester, MN are hiring for Commercial Lending Assistant jobs?

Cities near Rochester, MN with the most Commercial Lending Assistant job openings:

Commercial Lending Assistant jobs near you
Infographic showing various Commercial Lending Assistant job openings in Rochester, MN as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $42,781 per year, or $20.6 per hour.

Agricultural Lender

Midstates Executive Solutions

Rochester, MN

$100K/yr

Full-time

Posted 16 days ago

Job description

Agricultural Lender

Location: Rochester, Minnesota
Compensation: Up to $100,000 + Comprehensive Benefits
Employment Type: Full-Time
Recruiting Partner: Midstates Executive Solutions

Take Over an Established Portfolio—Focus on Relationship Management, Not Cold Calling

Midstates Executive Solutions is partnering with a well-respected community bank in Rochester, Minnesota, to identify an experienced Agricultural Lender. This is an outstanding opportunity for a lender who enjoys managing relationships and serving agricultural clients rather than spending the majority of their time on business development.

The successful candidate will inherit an established and well-maintained loan portfolio, allowing them to focus on delivering exceptional service, portfolio management, and maintaining strong customer relationships. Business development expectations are minimal, making this an ideal role for someone who values relationship banking and credit quality.

What You'll Do
  • Manage an established portfolio of agricultural lending relationships.
  • Maintain regular contact with customers to understand financing needs and provide exceptional service.
  • Analyze financial statements, cash flow, collateral, and creditworthiness for new and existing borrowers.
  • Structure and present agricultural loan requests while ensuring sound underwriting practices.
  • Monitor portfolio performance and proactively identify potential credit risks.
  • Work closely with credit administration and underwriting teams throughout the lending process.
  • Cross-sell additional banking products and services when appropriate.
  • Assist with commercial lending opportunities as needed.
What We're Looking For
  • Previous experience as an Agricultural Lender is required.
  • Exposure to or experience with Commercial Lending is preferred.
  • Strong knowledge of agricultural operations, lending practices, and credit analysis.
  • Ability to build and maintain long-term client relationships.
  • Excellent communication and interpersonal skills.
  • Strong organizational skills with the ability to manage multiple client relationships effectively.
  • Bachelor's degree in Finance, Business, Agricultural Business, or a related field is preferred (or equivalent experience).
Why This Opportunity?
  • Established portfolio ready for you to take over
  • Limited to no business development expectations
  • Spend your time serving clients rather than chasing new business
  • Join a respected community bank with a strong agricultural presence
  • Competitive salary up to $100,000
  • Comprehensive benefits package
  • Opportunity to live and work in the thriving Rochester, Minnesota market
About Midstates Executive Solutions

Midstates Executive Solutions specializes in connecting top banking professionals with leading community and regional financial institutions. We are committed to matching exceptional talent with organizations where they can build long-term, rewarding careers.

Interested?
Contact Midstates Executive Solutions today to learn more about this confidential Agricultural Lender opportunity in Rochester, Minnesota.