Mechanics Bank · 1 day ago
Business Banking Loan Specialist
Tacoma, Washington
Full-time
Onsite
Senior Level
$70K/yr - $90K/yr
5+ years expMechanics Bank is currently searching for a full time Business Banking Loan Specialist to join our team at our Seattle Administrative or Tacoma Office. The role involves supporting Business Banking Relationship Managers by managing loan processes, ensuring compliance, and enhancing client relationships through proactive outreach and collaboration.
BankingFinancial ServicesWealth Management
Responsibilities
Manages and coordinates loan process, from initial engagement through post-funding. Works directly with Relationship Manager, Processing team, Underwriters, Credit Administration, Loan Services, as well as third-party processors to ensure compliance and resolve issues. Responsible for ensuring Underwriting guidelines, compliance requirements and regulatory requirements are met
Contacts customer and third party processors as necessary to obtain required information and/or documentation and assists with resolving client-based needs pertaining to transactions. Including but not limited to collecting, organizing and reviewing Appraisal Reports, Environmental Reports, Preliminary Title Reports, Financial Statements and Tax Returns, Insurance, Loan Package, CIP, and Legal Documentation. Ensures that all required activities are met within established timeframes
Responsible for assisting assigned Relationship Managers with an existing portfolio of business clients, including the outreach and review of transactions for opportunities to expand current/existing portfolio
Requests and monitors receipt of financial reporting requirements to meet the need of required covenants maintained in a tickler system. Review and analyze financials for completeness prior to submitting to Underwriting Team for review. Review changes in ownership, and ensure the banks loan package is completed and is accurate according to the financials received
Additional duties may include but are not limited to: Facilitates the collection of fees; Responsible for reporting efforts to clear delinquent and past due/matured loans; Orders payoff demands as needed; Assist Relationship Manager with performing Site Visits, and assisting with Loan Signings as needed; Organizes and uploads documents into Bank systems; Communicates with client about covenant defaults as required
Must be able to travel throughout bank’s footprint to perform required duties (less than 10%)
Qualification
Required
High School or GED is required
A minimum of 5 years of Senior level experience is required
MS Office Suite applications systems; lending-related systems
Possess excellent human relations, communications and business writing skills
Ability to work effectively without direct supervision
Possess effective time management and organizational skills
Demonstrates teamwork in facilitating workflow
High level of cooperation with others and is responsive to the Bank's needs
Exemplary motivation, enthusiasm, professionalism and team skills
Demonstrates excellent customer service skills
Ability to cope with pressure resulting from meeting required deadlines, reporting requirements and training responsibilities
Exhibit high degree of professionalism and confidentiality in handling and having access to sensitive information
Ability to travel between bank and customer locations and/or commute for training purposes
Commercial/Business lending experience in a similar environment
Must have current knowledge of Business Lending Experience with commercial/business lending policies, practices and applicable banking/government regulations
Valid Driver's License required or available transportation
Willing to embrace client outreach and consultative sales practices
Thorough knowledge of Bank operational policies and procedures, compliance regulations, and Bank product and services
The ability to effectively resolve employee and customer relations issues
Benefits
Medical, prescription, dental, and vision coverage for employees and their eligible family members
Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
Health Savings Account with employer contribution
Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
401(k) and Roth 401(k) with company contribution
529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
Supplemental Health plans, Voluntary Legal and Identity Theft Services
11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)
Company
Mechanics Bank
Mechanics Bank is a full service community bank that offers a wide range of financial services.
Founded in 1905Richmond, California, USA
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2022-09-01Acquired
2003-01-10IPO
Leadership Team
E
Edward Downer
Chairman Emeritus
Recent News
2025-10-17
Business Wire
2025-10-17
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