Commercial Loan Processor
Androscoggin Bank, a values driven, mutual savings bank based in Lewiston, Maine, has an opening for a Commercial Loan Processor to join our team in either our Lewiston or Portland office. Our culture is one where we work collaboratively with clients and business partners to answer questions and assist in arriving at the most effective and efficient resolution to reasonably comply with regulatory requirements and do what is right for the client. The difference here is the great team you will work with and the ability to work in a local business with local decision making-where employees and clients come first!
The Commercial Loan Processors are an integral part of our Commercial Lending Team. They are responsible for processing the origination of a portion of the Bank's commercial loans, working in conjunction with Commercial Lenders, Portfolio Managers, and Commercial Loan Assistants. Daily tasks may involve loan document preparation, advances, payments, wires, line renewals, loan extensions, modifications, construction loan/invoice payments, and problem resolution.
Works with lending officers, clients, and legal counsel to create and gather documentation required to proficiently and accurately process commercial real estate and business asset loans according to the terms of approval and Bank loan policies. Also supports documentation in the area of municipal leases and business loans.
Responsible for analyzing commercial loan proposals to identify pertinent details for loan closing packages.
Independently resolves complex issues timely and accurately as they relate to the due diligence of loan closings, including, but not limited to, title, flood issues, environmental, insurance, regulatory, or pre-closing requirements of approval, UCC filings, and all other applicable corporate documentation.
Keeps up to date with knowledge of Bank, Federal and State regulations as they relate to Fai
$30k-39k yearly est.