Commercial Loan Administrator/Closer

Position:

Commercial Loan Administrator/Closer - Job Grade 12

Location:

Bridgeport Reports to: SVP & Group Lead, Commercial Lending Performs administrative and clerical support to Executive Vice President and Lending Officers by performing a variety of more complex assignments.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Assist loan officer in the analysis and preparation of loan documents and closing processes Review loan applications and accompanying documents to assure that all required information is present and correct, in accordance with the bank's loan policy. Able to effectively assist loan officer in managing complex customer relationships of higher profile clients (both new and existing) Answers customer inquiries concerning loan programs offered by the Bank, provide basic loan information as summarized in loan policy. Refer customer inquiry to appropriate lending Officer to initiate the loan process Answer customer inquiries about bank transactions for loan deposits. Investigate customer problems on both transactions and initiate corrective action as needed. Review property appraisal reports, surveys, title commitments, environmental site assessments & etc. for the necessary information and based on loan approval Maintain loan maturity and expiring commitment reports and coordinate with the lending officer for timely renewal of both. Remove collateral exceptions that include but not limited to obtaining final title policies, insurance certificates, and proof of real estate tax payments. Order title commitments, appraisal, EPA and construction inspections reports through various third party firms. Obtain CIP information (LLC operating agreements, membership listing, certificates of good standing and corporate records on an as needed basis. All duties and responsibilities must be performed in compliance with applicable local, state, and federal regulatory guidelines. Maintains current knowledge of regulatory requirements

SUPERVISORY RESPONSIBILITIES

None.

QUALIFICATIONS

Intermediate Microsoft Office Skills to create and maintain worksheets and prepare loan documentation. Excellent oral and written communications to communicate with a wide range of customers and internal contacts. Strong attention to detail. Professional presentation to clients Ability to work independently and under pressure, meeting strict deadlines. Ability to multi-task various loan files Ability to use 10 key calculator.

EDUCATION AND EXPERIENCE

Undergraduate degree required, preferably a business degree. Minimum of two years of bank operations experience required, in addition to 2 years of commercial lending experience.

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, sit and use hands to finger, handle or touch. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. Benefit Information Lakeside Bank offers a wide variety of benefit programs for our employees. We offer 3 Blue Cross Blue Shield Medical plans (2 PPO & 1 HMO plans). Our PPO Dental plans are offered through Principal. The Bank subsidizes a large percentage of the monthly premiums. We also offer Vision insurance through Principal VSP. Employees are able to select from Single coverage, Employee & Spouse coverage, Employee & Child(ren) coverage or Family coverage levels. The Bank provides Life/AD&D, Short-term Disability, and Long-term Disability insurance - at no cost to the employee. We offer a variety of supplemental ancillary products such as supplemental life for employee, spouse and/or children, accident, critical illness, hospital indemnity, and pet insurance. Additional information on each plan can be provided upon request. Salary Information This is an exempt position. Compensation will be based upon background and level of experience. The compensation range is $54,000 - $85,500.

Lakeside Bank Equal Employment Opportunity Policy:

Lakeside Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Note:

This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization.