Commercial Loan Coordinator

Central Bank

  • Westminster, CO
  • $27.68 per hour
  • Permanent
  • Full-time
  • 13 days ago
Job DescriptionPerforms a wide variety of clerical and administrative support to Commercial Loan Officers.Coordinates the processing of approved new commercial loans, letters of credit, extension, modification, and deferral agreements, loan advances, and any other documentation as necessary.Provides backup support to other loan and administrative assistants when necessary.Exercises independent judgment under moderate supervision.Conducts relationships and activities consistent with established Bank policies, procedures and systems, the corporate code of conduct, Bank Secrecy Act and all applicable State and Federal laws and regulations.Coordinate the processing of approved new commercial loans, letters of credit, extension, modification and deferral agreements, loan advances, and any other documentation as necessary.Report any exceptions promptly and prior to disbursement.New Loans: Order flood certifications, appraisals, pest inspections, title insurance, UCC searches, and surveys as needed.Review loans in process for accuracy, technical exceptions and adherence to policies, laws and regulations; reports exceptions to immediate supervisor and/or commercial loan officer.Close loans and disburse loan proceeds. Ensure documents are recorded and legal filings complete.Follow up on documentation exceptions and/or any outstanding items such as financial statements or evidence of insurance.Extension, Modification, and Deferral Agreements: Prepare new documents and present to commercial loan officer for review.Maintain follow-up system to ensure documents are returned in a timely manner. Update records and verify that files are complete and accurate.Loan Advances: Ensure loan advances are handled accurately, according to instructions and in keeping with policy; report exceptions to the commercial loan officer and immediate supervisor.Click for employee benefit information.
This position starts at $27.68 per hour and can increase from there depending on experience.Applications will be accepted through May 3, 2024.RequirementsHigh school education or equivalent.At least two years of bank experience as a loan assistant.Willingness to assume additional responsibilities/duties/projects as they arise. Ability to maintain regular and punctual attendance.Position TypeFull Time - RegularCompanyCentral Trust BankDepartmentCommercial Loan-045101All Work LocationsBank Central WestminsterWork HoursMonday - Friday 8:00am - 5:00pmStandard Hours40Area of InterestCommercial LoansWork Location OptionsOn-Site

Central Bank