Commercial Loan Specialist

AI overview

Support commercial lending staff by processing loan closings and ensuring regulatory compliance within a stable and community-focused organization.
More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year. With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations. As a Commercial Loan Specialist, you will provide support to commercial lending staff in commercial branches or banking centers. Process loan closings, attain loan perfection, and service loan customers.   In this role you'll have the opportunity to:
  • Prepare all loan request documents. Gather customer income and net worth information. Answer customer questions.
  • Responsible for ordering external agency reports such as titles, insurance, etc.
  • Prepare commitment letters. Arrange for payoff of property liens.
  • Coordinate loan closings and prepare disbursement checks.
  • Responsible for verifying loan system accuracy for boarded loans.
  • Responsible for ensuring each loan file meets bank and regulatory requirements.
  • Responsible for making advances and payments on commercial lines. Balance commercial loan suspense accounts monthly.
  • Responsible for complying with policies, procedures, security requirements, and government regulations.
  • Education & Certifications
  • H.S. Diploma: required (an equivalent combination of education and experience may be considered) 
  • Experience
  • 0 to 2 years of commercial loan support experience required 


  • Knowledge, Skills and Abilities
  • Demonstrate ability to independently produce accurate work in a deadline driven environment. 
  • Possess strong analytical skills with the ability to identify document errors or variances and make corrections. 
  • Ability to deliver professional, responsive customer service. 
  • Knowledge of accounting principles. 
  • Proficient in Word, Excel, and commercial loan systems. 
  • Knowledge of state and regulatory requirements pertaining to commercial loans. 




  • Travel
  • 0%

  • Compensation & Benefits
  • Targeted starting compensation range is based on location and experience: $27.09 - $31.87
  • Incentive and commission compensation may be awarded for eligible roles
  • Comprehensive employee benefits, including medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time, personal days, paid volunteer time and 11 company paid holidays
  • 401k (up to 4% match with immediate vesting)
  • Tuition reimbursement
  • Read more about these and additional benefits at: Employee Benefits | Banner Bank

  • Please take time to review Banner Bank's Consent & Privacy notice before applying.

    Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.

    Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

    Perks & Benefits Extracted with AI

    • Education Stipend: Tuition reimbursement
    • Health Insurance: Comprehensive employee benefits, including medical, dental, vision, LTD, STD and life
    • 401k match: 401k (up to 4% match with immediate vesting)
    • Paid Time Off: Paid vacation time, sick time, personal days, paid volunteer time and 11 company paid holidays

    Banner Bank: Established community bank offering personal and commercial banking services in the Western U.S.

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    Salary
    $27 – $31 per hour
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