Job details

Senior Commercial Loan Coordinator

The Senior Commercial Loan Coordinator oversees and manages workflow to ensure the accurate and timely delivery of loan documents in alignment with Service Level Agreements (SLAs).

Here's what you can expect from the job and what you need to be successful:

Job Duties

Lead and manage the loan process with internal and external stakeholders, including attorneys, borrowers, vendors, title companies, brokers, analysts, and underwriters to meet SLAs
Review and audit complex loan files for complete information, including entity documents, appraisal/values, title forms, certifications, collateral information, approved narrative, and other commercial loan documents
Lead in ensuring compliance with lending regulations and internal controls for accuracy, timeliness and documentation
Act as intermediary between broker partners and closing/settling agents
Prepare the loan closing instructions process for the borrower/broker and title company, verifying that all closing conditions have been met
Prepare and review internally prepared and attorney-prepared complex loan documents prior to booking and funding to ensure loan covenants, rate, margin, borrower, and guarantors match the loan approval and credit memo
Ensure and execute loan funding upon verification of all documentation
As a subject matter expert in the core banking systems, guide and advise other business units
Participate in and/or lead department projects and initiatives
Mentor other Loan Coordinators on a day-to-day basis

Essential Skills

Minimum of 9 credit hours of accounting is preferred
Minimum 3 years’ experience in commercial lending
Advanced knowledge of regulatory and compliance lending guidelines
Basic knowledge of accounting principles and practices
Ability to identify existing and potential issues and recognize the legal, transactional, and business implications of existing and omitted document
Strong analytical and problem solving skills; ability to resolve complex issues with minimal direction
Demonstrated excellent attention to detail and accuracy
Ability to work autonomously to manage time effectively and prioritize work appropriately to meet deadlines
Strong business communication skills; able to write/speak clearly and professionally for a variety of stakeholders
Demonstrated ability to establish credibility and rapport with internal and external stakeholders
Proven ability to maintain confidentiality and professionally handle sensitive documents
Proficiency with LaserPro
Intermediate knowledge of Microsoft Office Suite
Minimum Education: Bachelor’s degree in Business Administration or other related fields of study is preferred, or equivalent work experience

Location: Hillsboro, OR 97124 | (HYBRID)

Target Compensation in Hillsboro, OR: $74k - $80k annually + annual bonus

Benefits options include:

Traditional medical, dental, and vision coverage
401K matching up to 5% per pay period
Accrue up to 17 days of Paid Time Off your first year of employment
11 paid federal holidays
Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)

What makes First Tech different? Click here to learn more!

First Tech is not currently offering Visa transfer/ sponsorship for this position

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By First Technology Federal Credit Union

Established in 1952 and headquartered in San Jose, California, First Tech Federal Credit Union is a not-for-profit banking and financial institution. The bank offers a range of financial services including personal and business checking, savings, ...

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FUNDING

Other

DEPARTMENTS

Operations

SENIORITY LEVEL REQUIREMENT

Senior

INDUSTRY

Credit Unions, Not Federally Chartered

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