Commercial Loan Assistant

Bank of Clarke • Winchester, VA

just now

About The Position

This position is responsible for supporting a group of Lenders and a complex portfolio of loan customers. They work closely with Lender, Portfolio Manager, internal department personnel and external customers to complete a variety of tasks associated with the origination and servicing of loans.

Requirements

• Knowledge of loan terminology and documentation required
• Strong working knowledge of Microsoft Office
• Ability to plan and organize workflow
• Ability to communicate with others and to assimilate and understand information, in a manner consistent with the essential job duties
• Ability to operate assigned equipment
• Ability to communicate effectively and professionally

Responsibilities

• Input new loan data into the Commercial Lending Loan Origination System.
• Prepare commitment letters and related correspondence.
• Support payment processing, upfront fees, construction draws, covenant compliance, and wire transfers.
• Organize loan document folders and gather required organizational, borrowing resolution, and beneficial ownership documents.
• Conduct customer due diligence for individuals and businesses.
• Assist in collecting financial and related reporting for the Commercial Lending team.
• Assemble and review submitted documentation.
• Submit appraisal orders and review insurance documents.
• Order credit bureaus, title insurance, flood certifications, UCC searches, and EDR reports.
• Coordinate with Loan Processor and closing attorney/title company for settlements.
• Maintain and update the weekly pipeline report and participate in meetings.
• Address post-closing items and quality control questions.
• Process maturing loans and line renewals promptly.
• Facilitate opening of new deposit accounts.
• Monitor past due reports.
• Scan and file loan and financial documents.
• Frequent interaction with internal and external contacts at all levels.
• Strong verbal and written communication skills.
• Communicate effectively and professionally.
• Perform other assigned duties.

Benefits

• Offering a full suite of benefits including medical, life, dental, and vision insurance plus generous paid time off.
• Supporting associates and their families; we embrace the importance of caring for oneself and our families.
• Surrounding ourselves with smart, driven, and diverse individuals.
• Valuing integrity, commitment regarding our daily duties, and the Bank as a whole.
• Supporting local philanthropic, cultural, and artistic initiatives and organizations that our employees’ value.
• Devoted to the communities in which we serve as we help those who form the creative backbone of our market’s future economy and business value.
• Bank of Clarke is “Great Place to Work” Certified through June 2025.
• “Top Virginia Employer for Interns” award recipient (2023, 2024,2025) through Virginia Talent and Opportunity Partnership (VTOP.)

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed