RochesterMNRecruiter Since 2001
the smart solution for Rochester jobs

Commercial Loan Specialist

Company: Coulee Bank
Location: Onalaska
Posted on: August 7, 2022

Job Description:

The Commercial Loan Specialist provides loan support for commercial, commercial real estate, and construction loans. Assists lenders and customers with various types of loans by reviewing and maintaining loan documents as directed. May be asked to provide training and work direction to other Loan Coordinators on behalf of the Loan Operations Manager.


  • Assist customers with loan questions in person, on the phone, and via e-mail.
  • Assist in preparing loan input sheets and determining the appropriate documents for respective closing and/or renewals. When required, order appraisal, title work, prepare closing statements, obtain flood certifications, and facilitate document signing.
  • Work with customers in determining loan balances and interest paid to date. Accurately quote payoff information when requested.
  • Review documentations in preparation of loan documentation.
  • Review loan documents prepared by Loan Processing Specialist in accordance with loan policy guidelines and compliant with regulatory requirements.
  • Submit payment for various loan expenses and forward billing to customer as needed.
  • Type correspondence, notices, and reports as requested.
  • Monitor receipt of collateral and financial ticklers.
  • Ensure that the banks loan exceptions are kept to a minimum as reported by bank regulators.
  • Follow all established security and internal control procedures to protect the assets of the Bank and its customers.
  • Establish and carry out notary public duties in compliance with applicable regulations.
  • Prepare a variety of reports and correspondence as needed to effectively and professionally transact business for the bank.
  • Maintain proficiency in using all applicable software to this position.
  • Participate in training to ensure knowledge of all pertinent procedure and regulatory requirements to perform all aspects of this position in a competent manner.

    • Prior banking experience required. Experience in commercial processing is preferred.
    • Ability to prioritize and work independently with minimal supervision in a fast-paced office.

      Coulee Bank Perks

      • Possibility of sign on bonus
      • $250 Annual Health and Wellness Reimbursement
      • $100 Annual Coulee Attire Allowance
      • Dollar for dollar match up to 4% 401k
      • Profit Sharing
      • Quarterly Bonuses

        The likely hourly range for this position is $20.00 - $23.00 , this is not, however, a guarantee of compensation. The rate will be set based on experience and geographic location.PI187097302

Keywords: Coulee Bank, Rochester , Commercial Loan Specialist, Other , Onalaska, Minnesota

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Minnesota jobs by following @recnetMN on Twitter!

Rochester RSS job feeds