Commercial Lending Specialist II

In the role of Commercial Lending Specialist II at First Tech, you'll be primarily focused on the ongoing servicing of the commercial loan portfolio. Your responsibilities will range from tracking and reviewing loan reporting requirements to collaborating with stakeholders like borrowers, accountants, and underwriters. You’ll need to bring strong analytical skills and attention to detail to ensure compliance with loan covenants and perform post-closing audits efficiently.

To qualify for the Commercial Lending Specialist II position at First Tech, candidates should have a minimum of three years of experience in commercial lending loan servicing, along with an associate degree in Business Administration or a related field. Basic knowledge of accounting principles is preferred. Candidates should also demonstrate strong problem-solving abilities and effective communication skills.

Essential skills for the Commercial Lending Specialist II role at First Tech include strong analytical and problem-solving capabilities, attention to detail, and effective time management. Additionally, candidates should possess excellent communication skills and the ability to work autonomously, maintaining confidentiality while handling sensitive documents.

The compensation package for the Commercial Lending Specialist II role at First Tech ranges from $62k to $69k annually, complemented by an annual bonus. Furthermore, First Tech offers valuable benefits including 401K matching, paid time off, and special employee pricing on various lending products like mortgages and personal loans.

Yes, the Commercial Lending Specialist II position at First Tech is offered as a hybrid role, meaning you'll have the flexibility to work both remotely and in-office, making it a great opportunity for individuals seeking a balance between personal and professional commitments.

First Tech is committed to the professional growth of its employees, including those in the Commercial Lending Specialist II role. The company provides access to training programs, resources, and mentoring opportunities to help employees advance in their careers and enhance their skills in commercial lending and servicing.

First Tech stands out as a desirable employer due to its commitment to employee well-being, professional development, and a positive company culture. The organization values collaboration, innovation, and transparency, creating an engaging workplace where employees can thrive and contribute meaningfully to the mission.

When responding to this question, articulate your understanding that commercial loan servicing involves ongoing management and support for commercial loans after they have been disbursed. Discuss how it includes monitoring compliance with loan covenants, performing audits, and maintaining communication with borrowers and stakeholders.

To effectively track and manage loan documentation, you might want to explain your approach to organizing files systematically, using digital tools or databases for tracking documents, and maintaining a clear calendar for review deadlines. Mention the importance of keeping documents secure while ensuring easy accessibility for authorized stakeholders.

You can showcase your time management skills by discussing methods like creating a prioritized task list, setting specific deadlines for each task, and using project management tools to keep track of your responsibilities. Mention your ability to adapt and handle unforeseen challenges while staying focused on the key objectives.

When discussing a complex issue, structure your answer by setting the context, outlining the challenge, and detailing the steps you took to resolve it. Highlight your analytical skills and problem-solving techniques, and demonstrate the positive outcome that resulted from your efforts.

To ensure compliance with loan covenants, explain your systematic approach of regularly reviewing loan agreements, monitoring due dates, and maintaining ongoing communication with borrowers. Emphasize the importance of meticulous record-keeping and how you collaborate with relevant stakeholders to address any potential issues proactively.

In this scenario, focus on your conflict resolution skills. Discuss the importance of active listening, seeking to understand the other person’s perspective, and then aiming for a collaborative solution. Mention your emphasis on maintaining professionalism and open communication to find common ground.

Highlight that attention to detail is critical in commercial lending servicing, as it directly impacts compliance, customer satisfaction, and overall loan performance. Provide examples where your meticulous nature helped avoid potential issues or improved the efficiency of the servicing process.

Discuss specific software tools you have worked with, such as loan management systems, CRM software, or compliance tracking tools. Explain how these tools enhance your efficiency in tracking documentation, monitoring compliance, and facilitating communication with stakeholders.

Share your thoughts on how the most important aspect is ensuring a seamless servicing process for commercial loans while maintaining strong relationships with borrowers. Emphasize the balance between meticulous financial oversight and excellent customer service.

Your passion for commercial lending should shine through here. Discuss your interest in finance, your enjoyment in helping businesses grow through loans, and how this career aligns with your skills and values. Connect this choice to your desire to support local economies and businesses.