Commercial Lending Assistant

HIRING! FULLY REMOTE Commercial Lending Administrative Assistant | Credit Union Book here for immediate consideration: https://talentassistant.actalentservices.com/assistant/bookings/eCjgWw74

Job Description This full-time temporary role provides essential administrative and operational support to a Commercial Banking and Portfolio Management team, focusing on commercial loan portfolios. You will help manage loan tracking, prepare and maintain credit files, support client onboarding, and ensure accurate documentation throughout the loan lifecycle. This position is well-suited for someone with prior banking experience in commercial lending or loan administration who thrives in a high-volume, deadline-driven environment and is comfortable working remotely within the Eastern Time Zone.

Responsibilities

• Create and maintain portfolio tracking sheets for commercial loans, financial reporting, and key deadlines to support accurate monitoring of the loan portfolio.
• Assist with preparing and organizing credit files for underwriting, annual reviews, renewals, and loan modifications, ensuring all documentation is complete and properly filed.
• Serve as an additional point of contact for commercial banking clients, handling basic requests, documentation needs, and follow-up communications in a professional and timely manner.
• Support the onboarding of new commercial banking clients by collecting, organizing, and tracking all required documentation for account and loan setup.
• Track the status of annual reviews, loan modifications, renewals, and covenant compliance, escalating issues as needed to keep processes on schedule.
• Maintain internal systems with accurate and up-to-date borrower, loan, and deal information to support reporting and decision-making.
• Coordinate and compile borrower financial documentation, including tax returns, financial statements, rent rolls, and related materials needed for credit analysis.
• Monitor outstanding borrower documentation requests and proactively follow up to ensure timely receipt and completion of required information.
• Maintain organized digital credit files, ensuring documentation is complete, compliant with internal standards, and easily accessible to credit, underwriting, and operations teams.
• Collaborate and coordinate with credit, underwriting, and loan operations teams regarding file status, documentation needs, and next steps in the lending process.
• Support general administrative tasks related to commercial lending, loan processing, and document management as needed to assist the broader team.

Essential Skills

• Minimum of 2 years of experience in banking, preferably in commercial lending, loan administration, or credit and lending operations.
• Hands-on experience with commercial lending processes, including loan processing, loan administration, and document management.
• Strong administrative skills with the ability to manage multiple tasks, deadlines, and documentation requirements in a high-volume environment.
• Proficiency with Microsoft Office applications for tracking, reporting, and organizing loan and client information.
• Ability to accurately maintain borrower, loan, and deal data in internal systems and digital files.
• Strong attention to detail and organizational skills to ensure credit files and documentation are complete, compliant, and well-structured.
• Effective written and verbal communication skills to interact with commercial banking clients and internal stakeholders.
• Comfort working remotely while adhering to Eastern Time Zone business hours.

Additional Skills & Qualifications

• Experience with commercial loans and commercial loan portfolios, including renewals, modifications, and annual reviews.
• Experience in credit or lending operations, supporting underwriting and loan processing activities.
• Familiarity with coordinating borrower financial documentation such as tax returns, financial statements, and rent rolls.
• High school diploma or equivalent educational credential.
• Ability to build productive working relationships with credit, underwriting, and loan operations teams.
• Adaptability to a contract role with potential for longer-term opportunity based on performance.

Work Environment This is a remote position that operates on a Monday–Friday schedule from 9:00 AM to 5:00 PM Eastern Time. You will work from your chosen remote location while aligning with Eastern Time Zone hours for col…