Commercial Lending Assistant - TexasBank
Weatherford, TX
About the Job
SUMMARY:
The Commercial Lending Assistant supports the Lending Officer(s), reviews loan applications and other documents, processes loans for business clients, and prepares closing packages and documents for the responsible person accepting the loan. Additional responsibilities may include processing payments, contacting clients to collect overdue payments, and offering customer service assistance via email or in person. The position requires internal and external interaction with new and current bank customers. Excellent customer service skills are a plus.
JOB DUTIES AND ESSENTIAL FUNCTIONS:
- Provide administrative support to lending officers throughout the processing and closing of loans.
- Act as a liaison between loan officers, loan applicants, appraisers, environmental companies, title companies, attorneys, surveyors, and internal staff to ensure smooth communication and coordination.
- Collect and organize supporting documents required for processing and loan approval.
- Maintain and update loan documentation and files from opening to closing, ensuring compliance with corporate policies, procedures, and federal regulations.
- Assist loan officers in managing the loan pipeline by requesting and gathering necessary information and addressing any exceptions.
- Process loan modifications, prepare attorney documents, update Meridian, record documents with the county clerk, scan modification documents, and update credit tracking as needed.
- Generate and provide reports as requested by management or lending officers.
- Demonstrate understanding of loan processes, titles, and banking concepts and terminology.
- Perform other duties and responsibilities as assigned.
WORKING CONDITIONS:
- Air-conditioned office environment.
- Consistent and timely attendance is required to ensure uninterrupted operational efficiency and exemplary service delivery.
PHYSICAL DEMANDS:
- Sit for extended periods of time.
- Walk, stand, bend, squat, twist, and reach.
- Simple grasping and fine manipulation.
- Extended keyboarding.
MINIMUM REQUIREMENTS:
- High School Diploma or equivalent.
- A minimum of 1 years of related banking experience.
- Loan processing experience.
- Real Estate Lending experience.
PREFERRED REQUIREMENTS:
- Prior experience in real estate is highly desirable. Familiarity with property valuation, market trends, and real estate transactions will be considered a significant asset. Knowledge of real estate regulations and compliance is also beneficial.
- Strong communication skills (verbal and written), analytical, organizational, and presentation skills.
- The ability to gather and analyze data from multiple sources and work on more than one project at a time is crucial.
- Proficiency in Microsoft 365 Applications, including Excel, PowerPoint, and Word.
- Knowledge of DocLinks.
*Disclaimer:* This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.
We are an Equal Opportunity Employer
TexasBank is committed to providing equal employment opportunities regardless of race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state or local laws. This policy applies to all terms and conditions of employment, including, but not limited to, recruiting, hiring, placement, promotion, compensation, benefits, training, disciplinary actions, layoff, recall, transfer, leaves of absence, and termination. Employees with questions or concerns about any type of discrimination in he workplace are encouraged to bring these issues to the attention of Human Resources.
The Commercial Lending Assistant supports the Lending Officer(s), reviews loan applications and other documents, processes loans for business clients, and prepares closing packages and documents for the responsible person accepting the loan. Additional responsibilities may include processing payments, contacting clients to collect overdue payments, and offering customer service assistance via email or in person. The position requires internal and external interaction with new and current bank customers. Excellent customer service skills are a plus.
JOB DUTIES AND ESSENTIAL FUNCTIONS:
- Provide administrative support to lending officers throughout the processing and closing of loans.
- Act as a liaison between loan officers, loan applicants, appraisers, environmental companies, title companies, attorneys, surveyors, and internal staff to ensure smooth communication and coordination.
- Collect and organize supporting documents required for processing and loan approval.
- Maintain and update loan documentation and files from opening to closing, ensuring compliance with corporate policies, procedures, and federal regulations.
- Assist loan officers in managing the loan pipeline by requesting and gathering necessary information and addressing any exceptions.
- Process loan modifications, prepare attorney documents, update Meridian, record documents with the county clerk, scan modification documents, and update credit tracking as needed.
- Generate and provide reports as requested by management or lending officers.
- Demonstrate understanding of loan processes, titles, and banking concepts and terminology.
- Perform other duties and responsibilities as assigned.
WORKING CONDITIONS:
- Air-conditioned office environment.
- Consistent and timely attendance is required to ensure uninterrupted operational efficiency and exemplary service delivery.
PHYSICAL DEMANDS:
- Sit for extended periods of time.
- Walk, stand, bend, squat, twist, and reach.
- Simple grasping and fine manipulation.
- Extended keyboarding.
MINIMUM REQUIREMENTS:
- High School Diploma or equivalent.
- A minimum of 1 years of related banking experience.
- Loan processing experience.
- Real Estate Lending experience.
PREFERRED REQUIREMENTS:
- Prior experience in real estate is highly desirable. Familiarity with property valuation, market trends, and real estate transactions will be considered a significant asset. Knowledge of real estate regulations and compliance is also beneficial.
- Strong communication skills (verbal and written), analytical, organizational, and presentation skills.
- The ability to gather and analyze data from multiple sources and work on more than one project at a time is crucial.
- Proficiency in Microsoft 365 Applications, including Excel, PowerPoint, and Word.
- Knowledge of DocLinks.
*Disclaimer:* This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.
We are an Equal Opportunity Employer
TexasBank is committed to providing equal employment opportunities regardless of race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state or local laws. This policy applies to all terms and conditions of employment, including, but not limited to, recruiting, hiring, placement, promotion, compensation, benefits, training, disciplinary actions, layoff, recall, transfer, leaves of absence, and termination. Employees with questions or concerns about any type of discrimination in he workplace are encouraged to bring these issues to the attention of Human Resources.
Source : TexasBank