The Summit Federal Credit Union · 14 hours ago
Business Lending Administrator
Corporate, Rochester, NY, US
Full-time
Onsite
Entry Level
$26/hr - $26/hr
2+ years expThe Summit Federal Credit Union is seeking a Business Lending Administrator to provide professional administrative and operational support for their Business Lending Department. This role involves ensuring timely processing, documentation, servicing, and closing of business loans while maintaining compliance with policies and regulations.
Credit BureauFinancial ServicesNon Profit
Responsibilities
Provides administrative support for The Summit’s Business Lending Department. This will include scheduling appointments, managing incoming referrals, processing loans, servicing clients, and working with third party vendors such as CUBG to ensure the timely closings of business loans
Assist with client on boarding to include opening Business Accounts, reviewing and obtaining appropriate documentation
Prepare and review loan files for completeness and accuracy
Collect, verify and track required financial and legal documents
Coordinate with title companies, appraisers, attorneys, and other vendors including CUBG
Generate loan documentation and disclosures in compliance with regulations
Respect and support others by providing training and cross-training to other branch associates as needed
Demonstrate initiative, a commitment to continuous learning and the ability to adapt to changing demands and requirements
Participate in any special projects or other duties, as assigned by management
Qualification
Required
High School Diploma or GED equivalent
2+ years of administrative, lending, or financial services experience (credit union or banking background preferred)
Working knowledge of business lending products, terms, function and suitability
Knowledge of commercial/business loan products, documentation, and regulatory requirements a plus
Strong attention to detail and organizational skills
Excellent communication and interpersonal skills, with the ability to interact with members and staff at all levels
Provide excellent customer service skills and must have the ability to respond to emails/phone calls in a timely manner
Ability to multitask with client and business relationship officer needs
Proficiency in Microsoft Office Suite; experience with loan origination systems preferred
Ability to take initiative and act with confidence
Ability to perform multiple tasks while maintaining good organizational skills
Ability to work under pressure and within time frames
Self-motivated and able to perform tasks without supervision
Office equipment (i.e. calculators, computers, printers, copiers, multi-line phone systems and fax machines)
Subject to the compliance requirements of all related federal regulations, including but not limited to; the Bank Secrecy Act (BSA), Anti Money Laundering (AML), Information Security and Privacy policies and procedures
Eligible to register as a Mortgage Loan Originator (MLO)
Preferred
Credit union or banking background preferred
Knowledge of commercial/business loan products, documentation, and regulatory requirements a plus
Experience with loan origination systems preferred
Company
The Summit Federal Credit Union
The Summit Federal Credit Union is a non-profit full-service financial cooperative.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Laurie Baker
President & CEO
Leanne McGuinness
CFO
Recent News
Central New York Business Journal
2025-05-01
Central New York Business Journal
2024-11-08
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