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Chesapeake Bank

Commercial Lender

Career Insights for Loan Administrator / Manager

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What they do

A Loan Administrator or Manager services a loan once it has been agreed. Sends monthly bills to the loan recipient. May also maintain payment records and monitor compliance with the loan agreement.

$64,644 / year median in Virginia

-5% projected decline

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Job Description

Commercial Lender Chesapeake Bank
  • 4.3 Newport News, VA Job Details Full-time $67,300
  • $104,400 a year 20 hours ago Qualifications Mid-level Organizational skills 1 year Communication skills Full Job Description Chesapeake Bank
  • Join Our Team as a Commercial Lender!
Salary Range:
$67,300
  • $104,400 This role will be based in the Newport News Region.
Why Chesapeake Bank? We believe in community, connection, and careers that matter. Here, your work supports real people and real progress—and we make sure you're supported too.
Why You'll Love It Here:
We're consistently ranked among the top 200 banks in the U.S. for employee engagement "Fun" isn't just a buzzword—it's a core value we live every day Competitive pay, great benefits, and real opportunities to grow A culture of giving back: we invest time and money into the communities we serve You'll actually want to get up and come to work Ready to join a team that's serious about success—and just as serious about enjoying the ride? Want to read more about why you should join the team, click the link below: Top 10 Reason You Should Explore a Career with Chesapeake Bank Ready to coordinate something great? Apply now and let's build something together.
Job Summary:
Manages the commercial lending process for loan applicants, ensuring that interviews are conducted appropriately and that necessary financial information is on hand for efficient loan processing. Promotes the financial institution and its lending services to the community.
Responsibilities:
Reviews, analyzes and processes commercial loan requests and packages loans as necessary, in keeping with financial institution policies and procedures. Recommends conditions and terms of commercial loans. Provides input to management in order to streamline and improve loan services for the benefit of the customer and the financial institution. Provides loan status reports to management and departmental statistics on financial institution loan products. Offers recommendations and actions to improve loan strategies when necessary. Interviews loan applicants, as well as obtains and compiles necessary financial information to process loans. Participates in local business and community activities. Understand your role as defined by the three lines of defense to maintain a compliance culture that includes risk management processes Other duties as assigned
Requirements:
Essential experience/skills necessary to perform the role Bachelor's degree in business, finance or related area. One to two years of experience in a financial institution, loan department or similar area. Knowledge of financial institution policies and procedures. Knowledge of commercial lending practices and related areas. Good managerial, communication and public relations skills. Good sales, organization and interpersonal skills. Ability to read and comprehend training materials, financial institution communications and related loan manuals. Completes appropriate career level training identified by manager. EOE
  • AA-Vets-Disabled