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First Business Bank · 6 minutes ago

Commercial Loan Coordinator

Brookfield, WI

Full-time

Hybrid

Mid, Senior Level

5+ years exp

First Business Bank is a Top Workplaces USA company dedicated to putting people first. The Commercial Loan Coordinator plays a vital role in servicing the commercial loan portfolio, supporting Bankers to meet client deadlines and ensuring the accuracy of loan documentation and transactions.

Financial Services

Culture & Values

Responsibilities

Professional support teamed with multiple Loan Officers within a Region or cross Regionally

Uses Bank’s loan origination system to start/route new, renewal and modification of terms applications for decisioning and documentation

Post approval and prepare, own, or supplement loan closing checklist of items needed, quickly reviews checklist items for accuracy when received from others and is capable of handling unanticipated changes

Daily for coordination of commercial loan payments and loan draws to both ensure clean handoff to Loan Operations in accordance with Bank procedures and positive client experience

Supports the processing of monthly automatic loan draws for interest payments due in accordance with agreements already documented with clients to ensure timely, clean handoff to Loan Operations

Engages external loan participation partners via email, securely, for transactions using a predetermined template and formula or assists

Meets monthly with Loan Officer(s) to review file information needed at a minimum monthly: Request financial information needed to maintain compliance, via client portal or e-mail, securely

With knowledge of loan policy makes recommendations and prepares memos to waive or change reporting frequencies with approval from others