SUMMARY/OBJECTIVE:
The Commercial Lending Assistant provides ongoing Customer service and
documentation support as Loan Officer’s liaison on assigned commercial accounts.
The Commercial Lending Assistant determines pertinent information to gather from
a variety of sources, coordinates the preparation and review of loan
documentation and is responsible for the processing/maintaining of all
commercial loan files. The position also provides operational administrative
support to ensure a smooth workflow between various departments.
ESSENTIAL FUNCTIONS:
* Verifies evidence of insurance, requests updated financial information
* May manage portfolio risk by highlighting maturities, overdrafts, and
delinquencies.
* Verifies and processes Customer advances on lines of credit
* Liaise with attorneys to assist in resolving any closing issues in the
absence of the Loan Officer
* Request/retrieve missing legal documentation from Borrowers and Attorneys
* Assist customers with commercial banking needs including advances and new
accounts
* Set up Borrowers in Credit Quest, maintain electronic files for loans
* Track financial statements and tax returns for both Borrower and Guarantors
and send updates to credit and loan closing as needed.
* Files documentation in commercial /electronic files
* Track and request environmental reports, appraisals, and construction
consultants to be engaged
* Manages Loan Officers Construction Pipeline, i.e.: update various
construction reports, organizes draw requests, monitor construction
budgets.
* Monitor pipeline reports
* Provided day to day administrative support to Commercial Lenders
JOB QUALIFICATIONS:
* Proficient in Microsoft Excel, Microsoft Word, computers and lending software
* Good communication and organizational skills
* Ability to prioritize work flow in a multi-tasking environment
* Ability to work independently as well as in collaboration with a team
* Bachelor’s degree and experience in working in a corporate environment
preferred.
The annual salary range for the Commercial Lending Assistant is $60,000 -
$80,000 per year.
About Northern Bank & Trust Company
Northern Bank is a full-service bank dedicated to providing practical, common
sense financial solutions to help our customers live their lives and grow their
businesses. From deposit products to loans to payment and collections services,
we work hands-on with our entrepreneurial customers, both locally and across the
country, to provide the financial support they need to realize their personal
and business goals. Founded in 1960, Northern Bank has assets of over $3 billion
with 12 locations serving communities throughout Middlesex County. Northern Bank
is a Member of the FDIC, and an Equal Housing Lender. For more information on
online banking services, please visit www.NBTC.com or follow Northern Bank on
Facebook [\"https://www.facebook.com/NorthernBankMA/\"] (/NorthernBankM A/),
Twitter [\"https://twitter.com/northernbankma\"] (@northernbankma), Instagram
(@northernbankma) and LinkedIn
[\"https://www.linkedin.com/company/northern-bank-ma/\"]
(company/northern-bank-ma/).