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EastRise Credit Union · 23 hours ago

Commercial Loan Associate

Williston, VT

Full-time

Onsite

Entry Level

$28/hr - $32/hr

1+ years exp

EastRise Credit Union is seeking a Commercial Loan Associate to provide administrative and operational support to Commercial Loan Officers. The role involves preparing and reviewing loan documentation, managing filing systems, and delivering responsive member service throughout the lending process.

BankingFinancial Services

Responsibilities

Conducts thorough reviews of Loan Approval Reports and all supporting corporate and collateral documentation—including certificates of existence, flood determinations, appraisals, lien and title searches—to ensure accuracy, completeness, and compliance with internal policies and federal lending guidelines

Prepares precise and compliant loan documentation using LaserPro for both complex and standard commercial loan closings, ensuring alignment with EastRise Credit Union’s credit standards

Coordinates all aspects of the loan closing process in collaboration with Commercial Loan Officers

Communicates directly with members, attorneys, and accountants to collect required entity documentation, financials, and insurance information

Ensures timely and accurate delivery of closing documents and provides a seamless experience through strong verbal and written communication

Assembles and submits complete loan files to OnBase and the File Library, ensuring all documentation is accurate and properly archived

Conducts post-funding reviews and cross-checks core systems to verify correct loan booking

Tracks receipt and accuracy of final title policies and insurance certificates to ensure compliance and completeness

Maintains and monitors outstanding tickler items to ensure timely follow-up and resolution

Provides document checklists to Commercial Loan Officers, tracks documentation exceptions, and assists in collecting outstanding items

Manages the annual financial information request process and coordinates UCC expiration reviews with Loan Servicing

Facilitates the ordering of appraisals through the Appraisal Desk using EastRise’s internal systems and technologies

Ensures timely processing and alignment with underwriting and closing timelines

Other duties as assigned

Qualification

Loan documentation preparationLaserProLoan closing coordinationOnBaseCustomer service

Required

A minimum of one year up to three years of similar or related experience, including preparatory experience

A college degree

Must be at least 18 years of age

Favorable Background, Credit, Criminal, Bondability, and Reference Checks required

Travel to other branches or locations may be required depending on position

Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team

Must be able to read and carry out various written instructions and follow oral instructions

Must be able to speak clearly and deliver information in a logical and understandable sequence

Must be able to perform basic mathematical calculations with extreme accuracy

Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public

Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace

Must be able to effectively handle multiple, simultaneous, and changing priorities

Must be capable of exercising highest level of discretion on both internal and external confidential matters