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Senior Commercial Loan Specialist

More than 130 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. Our financial strength and stability are key reasons Forbes names us one of the Best 100 Banks in America the past eight consecutive years and Newsweek names Banner one of the Most Trustworthy Companies the past four years.


With more than $15 billion in assets and over 150 locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.


As a Senior Commercial Loan Specialist, you will provide support to commercial lending staff in commercial branches or banking centers. Process more complex loan closings, attain loan perfection, and service loan customers. Support the production of large, complex loans, including those requiring additional monitoring and control. 

 



In this role you'll have the opportunity to:
  • Prepare all loan request documents. Gather customer income and net worth information. Answer customer questions.
  • Responsible for ordering external agency reports such as titles, insurance, etc.
  • Prepare commitment letters. Arrange for payoff of property liens.
  • Coordinate loan closings and prepare disbursement checks. Close loans by explaining documents to customers.
  • Responsible for verifying loan system accuracy for boarded loans. Begin preparation for credit analysis.
  • Responsible for ensuring each loan file meets bank and regulatory requirements. Monitor commercial lines for compliance.
  • Responsible for making advances and payments on commercial lines. Balance commercial loan suspense accounts monthly. Monitor agricultural lines activity and prepare variance reports.
  • Responsible for complying with policies, procedures, security requirements, and government regulations.


Education & Certifications
  • H.S. Diploma: required (an equivalent combination of education and experience may be considered) 


Experience
  • 4 or more years of commercial loan support experience required 



Knowledge, Skills and Abilities
  • Demonstrate ability to independently produce accurate work in a deadline driven environment. 
  • Possess strong analytical skills with the ability to identify document errors or variances and make corrections. 
  • Ability to deliver professional, responsive customer service. 
  • Advanced knowledge of accounting principles with the ability to analyze basic financial statements and cash flows preferred. 
  • Proficient in Word, Excel, and commercial loan systems. 
  • Advanced knowledge of state and regulatory requirements pertaining to commercial loans. 


Travel
  • 0%


Compensation & Benefits
  • Targeted starting compensation range is based on location and experience: $26.56 - $31.25
  • Incentive and commission compensation may be awarded for eligible roles
  • Comprehensive employee benefits, including medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time, personal days, paid volunteer time and 11 company paid holidays
  • 401k (up to 4% match with immediate vesting)
  • Tuition reimbursement up to $5,250 annually (minimum service requirement)
  • Read more about these and additional benefits at: Employee Benefits | Banner Bank


Please take time to review Banner Bank's Consent & Privacy notice before applying.


Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.


Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

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CEO of Banner Bank
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Mark J. Grescovich
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Average salary estimate

$60100 / YEARLY (est.)
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$55200K
$65000K

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What You Should Know About Senior Commercial Loan Specialist, Banner Bank

If you're looking to make a significant impact in the world of finance, the role of Senior Commercial Loan Specialist at Banner Bank in Sacramento, California, might just be the perfect fit for you! With a legacy spanning over 130 years, Banner Bank has earned its reputation as one of America's best banks, thanks to its unwavering commitment to helping individuals and businesses achieve their financial goals. In this dynamic position, you'll support our commercial lending team by processing complex loan closings, managing loan portfolios, and providing first-rate service to our commercial clients. Your day-to-day will involve preparing all necessary loan documents, coordinating with clients to gather income data, and ensuring that every loan file adheres to compliance regulations. With your strong analytical skills, you'll identify any discrepancies and ensure accurate loan details. You'll also be responsible for preparing commitment letters, organizing loan closings, and monitoring agricultural line activities. If you possess a high level of professionalism and are passionate about delivering exceptional customer service, we want to hear from you. Join us at Banner Bank, where our rich history, financial stability, and commitment to the community can lead you to a fulfilling career as a Senior Commercial Loan Specialist!

Frequently Asked Questions (FAQs) for Senior Commercial Loan Specialist Role at Banner Bank
What are the responsibilities of a Senior Commercial Loan Specialist at Banner Bank?

As a Senior Commercial Loan Specialist at Banner Bank, you'll be responsible for supporting the commercial lending team by processing complex loan closings, preparing loan documents, and ensuring adherence to bank and regulatory requirements. This role involves gathering customer data, coordinating closings, and providing professional customer service throughout the loan process.

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What qualifications are needed for the Senior Commercial Loan Specialist position at Banner Bank?

To qualify for the Senior Commercial Loan Specialist position at Banner Bank, candidates require a high school diploma and at least four years of commercial loan support experience. Strong analytical skills, proficiency in Word and Excel, and knowledge of accounting principles and regulatory requirements are also essential.

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How does Banner Bank support its Senior Commercial Loan Specialists professionally?

Banner Bank values employee growth and offers comprehensive benefits that include tuition reimbursement up to $5,250 annually, paid volunteer time, and various medical benefits. As a Senior Commercial Loan Specialist, you’ll have the opportunity to grow within a supportive environment while making a real difference in the community.

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What does the work environment look like for a Senior Commercial Loan Specialist at Banner Bank?

The work environment for a Senior Commercial Loan Specialist at Banner Bank is professional yet relaxed, emphasizing teamwork and communication. With a focus on helping clients reach their goals, you’ll enjoy a collaborative setup where your contributions significantly impact the lending process and customer satisfaction.

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What is the starting compensation for a Senior Commercial Loan Specialist at Banner Bank?

The targeted starting compensation for a Senior Commercial Loan Specialist at Banner Bank ranges from $26.56 to $31.25 per hour, based on location and experience. Additionally, you may have the opportunity to earn incentives and commissions depending on your role's eligibility.

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Common Interview Questions for Senior Commercial Loan Specialist
What experience do you have with commercial loan processing?

In your answer, highlight your related experience by discussing specific responsibilities you held in previous roles, particularly focusing on loan processing, documentation preparation, and customer interactions.

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How do you ensure accuracy in loan documents?

Mention specific strategies you use to double-check documents for errors, your familiarity with regulatory requirements, and how you maintain organized records to streamline the review process.

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Can you explain the process of coordinating a loan closing?

Provide a step-by-step overview of the loan closing process, specifying your role in preparing documents, coordinating with clients, and addressing any questions or concerns they may have to ensure a smooth closing.

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What do you consider to be the most important aspect of customer service in banking?

Discuss the value of building trust and communicating transparently with clients. Emphasize the importance of understanding their needs and delivering tailored support in financial services.

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How do you handle discrepancies in loan documentation?

Demonstrate your problem-solving skills by explaining the steps you take to investigate discrepancies, communicate findings with relevant parties, and implement corrective actions to resolve issues.

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What software and tools are you proficient in that would assist you in this role?

List your proficiency with Word, Excel, and any commercial loan systems you've worked with, explaining how you leverage these tools to enhance productivity and accuracy in managing loans.

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What methods do you use to monitor compliance with lending regulations?

Speak about your familiarity with state and federal regulations affecting commercial loans, and describe the methods you use to ensure compliance, such as regular audits and meticulous record-keeping.

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How do you prioritize your tasks when managing multiple loan files?

Discuss your time management techniques, such as setting deadlines, using organizational tools, and assessing the complexity and urgency of each loan to allocate your time effectively.

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Tell us about a time you provided exceptional customer service.

Share a specific example that showcases your dedication to addressing client needs effectively, highlighting the outcome and any positive feedback received.

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Why do you want to work for Banner Bank as a Senior Commercial Loan Specialist?

Express your excitement about Banner Bank's commitment to community involvement, strong reputation in the banking industry, and how you see yourself contributing to their mission while growing professionally.

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Banner Bank is a dynamic full-service financial institution, operating safely and profitably within a framework of shared integrity. Working as a team, we will deliver superior products and services to our valued clients. We will emphasize strong ...

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Full-time, on-site
DATE POSTED
January 11, 2025

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