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SalaryCOMMERICAL LOAN PROCESSING SPECIALIST
Due to its continuing high levels of success, Mercantile Bank in Grand Rapids, Michigan is looking to add another full time Commercial Loan Processing Specialist to the Commercial Loan Operations Team. Are you ready to take your career to the next level with a stable and respected financial institution? Would you like to work for a supportive organization that listens to suggestions? Are you interested in an opportunity to work from home on a hybrid schedule after training? If so, please read on about this amazing opportunity in the field of Commercial Loans!
This Loan Processing Specialist position earns a competitive wage, depending on experience. We also offer excellent benefits, including medical, dental, vision, a flexible spending account (FSA), 3 weeks of paid vacation, life insurance, a 401(k) with a match at 100% up to the first 5% of your contribution, discounted bank services, tuition reimbursement, adoption assistance, bonus plans, the option to work from home after training, and more! If this sounds like the right opportunity for you, apply today!
ABOUT MERCANTILE BANK
Founded in 1997 with the firm belief that our customers, employees, and communities are best served by financial institutions with local ties, we have a strong and extensive commercial and retail banking presence in Michigan. We work together to solve problems and are leaders in the industry when it comes to innovative products. As a community bank, we are able to offer products that are tailored to meet the unique needs of our local customers.
We hire people that are able to connect, listen, and deliver the best solutions to our customers and communicate with integrity every time. Our employees are actively involved in the communities we serve. We get that they spend almost as much time at work as they do at home, so they need an environment where they can thrive and reach their full potential. We get that attractive compensation and benefit plans are important. We get that feeling valued, accepted and respected is key. We are committed to attracting and retaining the best talent in the markets we serve. We are a great place to work and grow. So, come see for yourself why we have been named one of "West Michigan's 101 best and brightest companies to work for."
A DAY IN THE LIFE OF A COMMERCIAL LOAN PROCESSING SPECIALIST
As a Commercial Loan Processing Specialist, you play a key role in the commercial lending process working with our loan accounting system. Among other duties, you are primarily responsible for loading closed Commercial Loans onto our core Loan Processing system, verifying provided data for accuracy and quality. Attention to detail is paramount as you complete these loan transactions as well as maintenance requests, ensuring proper documentation is maintained and proper approvals are obtained. You will also spend time building and maintaining loan files along with working daily loan operations report items to ensure that files are complete, accurate, and in compliance.
Since policies and regulations often change, you maintain a thorough working knowledge of regulations and compliance policies, especially as they apply to commercial lending operations. You are able to prioritize your workload as you work from home and in the office. Your friendly demeanor and positive attitude make you a pleasure to work with. You have a great feeling of accomplishment as each loan task is completed successfully!
QUALIFICATIONS FOR A COMMERCIAL LOAN OPERATIONS SPECIALIST
- High school diploma or equivalent
- 2+ years of relevant experience
- Proficient in Excel and Word
- Problem solving skills and ability to prioritize
- Working knowledge of documentation guidelines and lending regulations
- Good written, oral and interpersonal communication skills
A bachelor's degree in business is preferred but multiple factors will be taken into consideration. Can you effectively prioritize multiple tasks? Are you meticulous? Do you have excellent communication and interpersonal skills? Can you remain distraction-free while you work from home? Are you friendly and tactful? If so, you might just be perfect for this position!
WORK SCHEDULE
This position typically works Monday - Friday, 8 am - 5 pm, with the option to work from home (hybrid) after training.
READY TO JOIN OUR OPERATIONS TEAM?
We understand your time is valuable, so we have a very quick and easy application process. If you feel that you would be right for this loan processor job, please fill out our initial 3-minute, mobile-friendly application. We look forward to meeting you to discuss this lending opportunity!
