Commercial Loan Administrator

Overview

Working under the direction and guidelines established by the VP/Commercial Credit Administration, the Commercial Loan Administrator supports the processing, servicing, and documentation of commercial loans. Exercises discretion and makes independent decisions within their authority, addressing and elevating servicing issues. Functions as part of a team and individually in a fast-paced, high-volume work environment. Ensures a high level of professional service to internal partners as well as business members.

Responsibilities

• Communicates effectively with borrowers and Commercial Relationship Managers to collect necessary information provide status updates while providing a high level of service.
• Verifies and reviews title reports to ensure appropriate title insurance coverage
• Communicates with title companies and coordinates loan closings
• Order and analyze title insurance commitment reports, including title exceptions and endorsements. Prepares closing statements and title/escrow instructions
• Responsible for the accurate and timely preparation and/or ordering of commercial loan documents
• Assists with the funding and boarding of loans
• Performs quality control review for accuracy for loan documentation and note boarding ensuring consistency within OnPoint guidelines
• Creating and maintaining loan files while ensuring compliance with established guidelines and policies

Knowledge, Skills & Abilities

• Strong written and verbal communication skills
• Ability to be a self-starter and take ownership of various processes
• Self-motivated to learn and grow within the position
• Proficiency in Microsoft Office, specifically Word and Excel required
• Demonstrated ability as a team player

Requirements

• High school diploma required
• Bachelor’s Degree in Finance, Business, or related field preferred.
• 1-3 years’ experience in the Commercial Real Estate appraisal process
• 1-3 years’ experience in the Commercial Real Estate closing process
• Knowledge and experience complying with State and Federal regulations

At OnPoint, we believe a workplace that reflects the richness of the world fosters a welcoming and empowering environment for everyone. We're committed to equity and inclusion, and consider all qualified applicants embracing every race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and your unique background.

We encourage you to apply if you're passionate about this opportunity and have the core qualifications. Your unique experiences and skills are what make you a strong candidate. Don’t let imposter syndrome hold you back! Our recruitment process is designed to be inclusive and accessible to all. If you need any accommodations during the application or interview stage, please let us know. We're dedicated to providing what's necessary to ensure a fair and inclusive experience.

JobFamily

Commercial Credit Admin

JobFunction

Commercial Credit Admin

PayType

Salary