Bankers' Bank of the West · 1 week ago
LOAN ADMINISTRATION SPECIALIST
Denver, CO
Full-time
Onsite
Entry Level
2+ years expBankers' Bank of the West is seeking a Loan Administration Specialist to establish, process, and maintain data and files for commercial loans. The role involves performing functions related to loan documentation, processing payments, and assisting lending officers while ensuring accuracy and compliance in all loan activities.
BankingFinancial Services
No H1B
Responsibilities
Perform all functions involved to establish and maintain loan files and documentation
Book loans
Process loan payments, payoffs, and advances
Calculate loan items and charges such as interest and principal payments, late fees
Prepare payment notices, letters, loan papers, reports, and documentation
Strive to minimize collateral exceptions
Check accuracy of loan documentation and perfect collateral
Assist lending officers in activities such as disbursement of funds and extension of new loans
Answer customer inquiries and resolve routine issues
Handle all correcting entries when necessary
Handle confidential records for the department
Balance all general ledger, loan recap, and trial balance accounts daily
Perform notary work if applicable
Qualification
Required
Minimum of two years of related banking experience in a commercial lending department
High school diploma or equivalent
Excellent verbal and written communication, interpersonal, and problem-solving skills
Ability to work independently and as part of a team
High degree of attention to detail, accuracy, initiative, and dependability
Maintain positive relationships and provide effective communication with customers, employees, and management
Strong organizational, time-management, and problem-solving skills
Proficiency in Microsoft Office applications, commercial loan processing software desired, and willingness to adapt to new technology
Understanding of banking regulations, laws, and procedures
Authorization to work in the U.S. without employer sponsorship
Company
Bankers' Bank of the West
The second independent bankers’ bank formed in the United States, Bankers’ Bank of the West provides high-quality products and services as well as deep industry expertise to more than 300 community bank clients in the western states and Great Plains region.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Christopher Hill
Senior Vice President & Chief Financial Officer
Jeff Benson
SVP & Chief Operating Officer
Company data provided by crunchbase