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Senior Commercial Loan Administrator
Leader Bank Arlington, MA

Senior Commercial Loan Administrator

Leader Bank
Arlington, MA
  • Medical , Dental , Retirement
  • Full-Time
Job Description

Leader Bank is looking for exceptionally dedicated team members to join one of the region’s fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4 billion in assets, more than 400 team members, 7 branch offices, and annual mortgage originations of over $5 billion.

Exemplary products and an innovative spirit have driven Leader Bank’s rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.


Responsibilities

  • Manage the commercial construction loan portfolio by ordering, reviewing inspection and title reports and updating the construction worksheets.
  • Track and monitor financial statements, on tracking software, Cash On-Track.
  • Track and monitor Borrowing Base Certificate loans and A/G Reports.
  • Prepare monthly and quarterly Policy Exception Tracking Report.
  • Answer customer inquiries on existing loans.
  • Research and analyze problems and recommend solutions.
  • Setting up commercial loan files and continued credit file maintenance.
  • Responsible for sending professional print mail and emails to customers and vendors.
  • Responsible for maintaining department files in an accurate and efficient manner.
  • Perform procedures related to advances, pay downs, and disbursement process.
  • Provide excellent customer service and work effectively in a team environment.
  • Prepare and review documentation of commercial loan closings as needed.
  • Order credit reports and flood reports as needed.
  • Track and monitor insurance and UCC-1’s on tracking software, Cash On-Track.
  • Provide administrative support to the Commercial Lending team.
  • Responsible for attending meetings, seminars and training sessions as required.
  • Perform other related duties as assigned.


Qualifications

  • Experience in SBA Servicing SOP and systems
  • Familiarity with nCino
  • Strong interpersonal communication and relationship management skills. Ability to prioritize initiatives and duties.
  • Ability to meet deadlines and follow directions in a timely, accurate and confidential manner.
  • Ability to work independently.
  • Proficiency with Microsoft Word and Excel.
  • Familiarity with commercial loan documents, SBA loan documents, and insurance documents.
  • Associate degree
  • Minimum of 2-3 years of experience in commercial loan administration.

 

Leader Bank offers an excellent compensation and benefits package including 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast growing, local organization.

Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status, or any other protected class.

Address

Leader Bank

Arlington, MA
02474 USA

Industry

Finance and Insurance

Posted date

Over a month ago

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Leader Bank job posting for a Senior Commercial Loan Administrator in Arlington, MA with a salary of $57,700 to $74,700 Yearly with a map of Arlington location.