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First Business Bank · 1 day ago

Commercial Loan Coordinator

Appleton, WI

Full-time

Hybrid

Entry, Mid Level

First Business Bank is a Top Workplaces USA company that prioritizes people and client satisfaction. As a Commercial Loan Coordinator, you will manage and service the commercial loan portfolio, ensuring timely support for loan renewals, documentation accuracy, and effective communication with bankers.

Financial Services

Culture & Values

Responsibilities

Partner with bankers to prepare underwriting checklists for new loan requests, renewals, and modifications using bank systems and reports

Recommend approval paths based on loan policy and assist in routing applications for decisioning and documentation

Maintain accurate loan pipeline updates and communicate progress to leadership

Attend loan committee meetings, take notes, and ensure timely follow-up

Post-approval, manage loan closing checklists, review documentation for accuracy, and handle unexpected changes

Coordinate pre-closing meetings and expedite required documentation (title work, lien searches, insurance, payoffs, etc.)

Review loan documents and settlement statements for accuracy in terms, covenants, and equity requirements

Meet regularly with bankers to review outstanding exceptions and request necessary financial information

Prepare memos for waivers or changes in reporting frequency based on loan policy

Support tickler management and ensure compliance documentation is properly checked in

Assist with commercial loan payments, draws, and construction loan servicing

Provide documentation for construction draw spreadsheets and ensure timely onboarding of transactions

Prepare commitment letters and other correspondence, including covenant violation waivers or default letters

Support specialty-serviced clients and train peers as needed

Build strong internal and external relationships, participate in team meetings, and attend loan closings when invited

Qualification

Commercial loan documentationLoan servicing experienceMulti-tasking skillsTechnology aptitudeOrganizational skills

Required

Commercial loan documentation and servicing experience is required

Advanced organizational, follow-up, and multi-tasking skills required to achieve multiple deadlines is required

Demonstrated aptitude and curiosity for technology and systems, including emerging tools such as AI; ability to quickly learn, adapt, and leverage digital solutions to drive efficiency and innovation