Mercantile Bank · 6 hours ago
Commercial Loan Operations Specialist
Comstock Park,MI,US
Full-time
Onsite
Entry Level
1+ years expMercantile Bank is a community-focused financial institution dedicated to building strong relationships. As a Commercial Loan Operations Specialist, you will ensure the timely and accurate processing of commercial loans, utilizing your organizational skills and attention to detail to maintain data integrity and compliance with regulatory requirements.
BankingFinancial ServicesLendingMobile Apps
Responsibilities
Ensure the timely and accurate processing of commercial loans
Utilize strong organizational skills and attention to detail
Load commercial loan packages onto the core system
Monitor adjustment requests and manage non-posted transactions
Review daily reports and verify the accuracy of loan inputs
Ensure quality assurance across all operations
Assist in cleaning up names, addresses, and collateral information
Identify trends and mitigate risks
Qualification
Required
1-3 years of relevant job experience
Solid understanding of banking operations
Proficiency in computer programs, particularly Microsoft Office
Ability to calculate payment and interest figures accurately
Experience in bank loan operations
Familiarity with lending regulations
High school education or equivalent
Attention to detail
Strong organizational skills
Ability to communicate clearly
Commitment to excellence
Dedication to maintaining data integrity
Preferred
Previous bank loan operations experience
Lending regulations
Booking and maintenance of complex Commercial loans
Loan documentation
Benefits
Competitive compensation
Bonus opportunities
Best-in-class medical benefit options
Minimum of 3 weeks’ vacation
Sick time
11 paid holidays
Generous 401k match of 5%
Company paid life insurance
Tuition reimbursement
IVF and adoption assistance
Zero-interest loans for fitness equipment and business attire
Discounted bank services
Employee stock purchase plan
529 savings plans
Health savings accounts
Flexible spending accounts
Legal protection
Exceptional training and development opportunities
Encouragement to connect with community through volunteer opportunities
Company
Mercantile Bank
Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$90MKey Investors
U.S. Bancorp
2025-12-24Post Ipo Debt
2022-01-14Post Ipo Debt· $15M
2021-12-15Post Ipo Debt· $75M
Leadership Team
Michael Price
CEO
Chuck Christmas
EVP - Chief Financial Officer
Recent News
2026-01-20
Company data provided by crunchbase