Job Information
Main Street Bank Commercial Loan Administrator I in Marlborough, Massachusetts
SUMMARY: Reporting to the Commercial Loan Administration Officer (CLAO) and supporting the Commercial Lending team the Commercial Loan Administrator I (CLA I) will provide a variety of administrative support duties in the day-to-day operations of the department, handling loans that may be basic in nature focusing on jobs related to processing and servicing less complex commercial loans such as, express loans and commercial & industrial loans under \$1MM.Using discretion in dealing with sensitive, confidential information, the CLA I is responsible to ensure loan packages adhere to compliance guidelines, as well as Main Street Banks policies and procedures, coordinating with lenders and other internal staff as well as externally with customers, vendors, and others to get commercial loans closed and booked in a timely, efficient manner. Additionally, this position embraces the established sales and service culture to maximize their contribution to the Banks goals. The position requires periodic travel to other Bank locations in support of various members of the commercial lending and credit/administrative team and/or for special projects. After successful completion of training and proven abilities, this position is eligible for a hybrid work arrangement with an agreed upon number of days per-month on site. o Consistent availability is expected during core business hours. Work outside of regular business hours requires approval on an as needed basis to meet deadlines and fulfil the needs of both internal and external customers. SKILLS REQUIRED: Degree in Business Administration and/or equivalent combination of education and experience, typically 1-3 years as a paralegal or in a Personal Banker role. General knowledge of commercial loan documentation title polices, appraisals, environmental assessments, entity formation documents, and bank policies and procedures desirable General knowledge of banking regulations (federal and state), operating and policies and procedures is desirable Good working knowledge of Data Processing Systems (FISERV and Abrigo preferred). Proficient in Microsoft 365 Suite products including, but not limited to Excel, Word, Outlook, Teams, and Sharepoint. Become or maintain status as a Notary Public. Solid understanding and application of administration activities with an understanding of office procedures and ability to operate standard office equipment. To read a full job description, click on the apply now or more information button. Main Street Bank is an Equal Opportunity Employer. Individuals with disabilities and veterans are encouraged to apply. Main Street Bank is committed to working with and providing reasonable accommodation to individuals with disabilities. If you need special assistance or an accommodation while seeking employment, please call: 508-460-4117 or send an email to Human.Resources@bankmainstreet.com. We will make a determination on your request for reasonable accommodation on a case-by-case basis.