CBancorp_Tag_1CR_White

Commercial Loan Associate

Commercial Loan Associate

Denver, CO

Job Title:                    Commercial Loan Associate

Business Line:           Loan Operations

Reports To:                Loan Operations Manager

FLSA Status:              Non- Exempt

Our mission is to establish long term, mutually beneficial financial relationships with our customers, team members and community.

We will:

  • Recruit, reward and retain a team of market leading professionals.
  • Collaborate with  customers  to  analyze  and  understand  their  financial  challenges  and opportunities.
  • Develop and provide access to a unique set of financial solutions.
  • Directly engage in community social, educational, and philanthropic activities.

SUMMARY:

Responsible for loan closings, collateral perfection, file maintenance, tickler tracking and day-to-day requests from customers and lenders.  This position will work closely with Lenders and Bank customers and will work along with the other Commercial Loan Associates and Loan Operations team members.

KEY FUNCTIONS AND RESPONSIBILITIES:

  • Maintain current knowledge and consistent compliance with all Bank regulations, policies and procedures related to the position including those related to the Bank Secrecy Act (BSA) and consumer lending.
  • Provide timely  and  accurate  customer  service  in  a  professional  manner  to  customers, employees, and business partners.
  • Ensure all information required per the loan approval, title policy commitment and per type(s) of collateral have been collected for the loan file prior to closing.
  • Coordinate loan closing with lender, customer, title company, etc.
  • Prepare loan documents for new loans and for changes in terms to existing loans.
  • Ensure funds are disbursed correctly and all fees are posted to the applicable general ledger accounts.
  • Assist with collateral perfection. This may include recording liens, pre- and post-closing lien searches, and follow-up with title companies for final policy and recorded documents.
  • Process monthly construction draw requests
  • Scan all documentation into Bank’s electronic file system.
  • Set up tickler tracking per Loan Agreements and Collateral types.
  • Process customer requests including, but not limited to, loan advances and payment requests.
  • Work in conjunction with Loan Operations Associates to process paid loan files
  • Assist with preparing packages to participating banks
  • Prepare for and participate in Department and Bank meetings.
  • Complete all quarterly compliance training in a timely manner.
  • Adhere to Farmers & Stockmens Bank compliance, security, and control procedures.
  • Other duties as assigned.

REQUIRED EXPERIENCE & BACKGROUND:

  • High school diploma
  • 5+ years of banking experience / commercial lending experience preferred
  • Proficient in Microsoft Excel and Microsoft Word
  • Strong organization skills
  • Must be or become a notary public for the state of Colorado
  • Understand the importance of following process and procedural requirements
  • Ability to work independently and as part of a team
  • Exceptional communication skills (verbal, writing, listening)
  • Strong attention to details and accuracy in work performed
  • Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and withi

Please email your resume and completed application to HR@centralbancorp.com