Commercial Loan Assistant

Description: NEDCO, a non-traditional, commercial lender, is looking for a Commercial Loan Assistant to join our team. This position will be primarily responsible for assisting the Commercial Loan Officers and the Loan Closing Officer in facilitating the processing of Loan Applications, timely submission of Loan Closings, and tasks related to Loan Servicing. This includes data entry, document review for regulatory compliance, document preparation, communication with commercial lenders, borrowers, and others.

Responsibilities:

  • The entry of financial and other data into loan software and the production of documents
  • Analyze business and personal financial statements
  • Performing account maintenance related to financial, insurance, real estate taxes, and payoff requests
  • Pull personal and business credit reports
  • Generate financial ratios
  • Assisting with collection of loan application, loan closing and loan servicing documents from other lenders, borrowers and applicants
  • Assist with the imaging of documents in to Lender’s electronic records database
  • Assist in ordering other loan documents such as title work, flood certificates, appraisal/environmental reports, UCC Searches, good standing certificates, etc.

Qualifications:

  • Bachelor’s degree in Business, Finance, Accounting or other related field is preferred
  • Previous work experience in a law firm, bank, or insurance industry is preferred
  • Attention to detail
  • Demonstrate proficiency in learning and using computer software
  • Strong organizational skills relating to management of both electronic data and physical documents
  • Time management
  • Ability to maintain a high degree of confidentiality
  • Ability to understand and follow policies and procedures
  • Ability to listen and follow instructions

Job Type: Full-time

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