Make the change and be the difference. Take ownership at MCB!
Established in 1960 with just one location in Morton, IL, Morton Community Bank (MCB) has grown to over 550 employees, 55 branch locations and over $5 billion in assets! We pride ourselves on our dedicated service to our customers and our communities, while placing much value on our internal assets, our employees. Each MCB employee OWNS a portion of the bank with our ESOP (Employee Stock Ownership Plan). The ESOP has proven to be a substantial benefit to employees upon retirement.
MCB Paid: Life and AD&D Insurances and Long-Term Disability, Vacation Days, Personal Days, and Paid Holidays.
Job Summary
The Commercial Loan Assistant is responsible for supporting commercial loan officers by performing various administrative functions. They will become a key contact person to commercial customers when the lender is unavailable by providing a high level of customer support.
Essential Duties & Responsibilities
Service commercial lender portfolios by answering telephone calls, responding to emails and responding to other inquiries in a timely fashion. Prepare reports, statements and other reports as requested to assist the customer.
Assist lenders in maintaining current financial and other information in imaged files and following up on exceptions as needed.
Assist lenders with deposit account administration by:
Work with deposit operations/CSR to assist in deposit account opening and maintenance
Retrieve and utilize information on sweep accounts
Assist lenders with the evaluation of loan requests by:
Order credit reports
Gather financial information
Complete Credit Administration work requests as needed
Complete letter of credit applications
Coordinate the preparation of loan documentation for new loans, renewals and modifications by:
Gathering necessary information
Obtain payoff quotes
Completing documentation request forms ensuring requests are completed per terms of loan approval documents
Obtain real estate title commitments and/or lien searches
Obtain UCC searches and releases
Effectively communicate with Loan Processing and follow for the completion of documentation
Review documentation for accuracy prior to closing
Assist with scheduling of loan closings and conducting loans closings if requested by lender
Disburse loan advances as requested
Assist with loan administration issues including
Work closely with Commercial Loan Servicing regarding customer maintenance issues
Attain collateral releases as requested
Coordinate loan administration with participating banks
Compliance with bank policies and procedures
Supervisory Requirements
Personnel Management: This position has no supervisory responsibilities.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The physical activities of this position may include climbing, reaching, standing, lifting, talking, hearing and performing repetitive motions.
Medium exertion; exerting up to 50 pounds of force occasionally, and or up to 20 pounds of force frequently, and or up to 10 pounds of force constantly to move objects.
The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; viewing a computer terminal.
Work Environment
The work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
Employees, who work 7 ½ continuous hours or more, must take a 30 minute uninterrupted lunch break no later than 5 hours after beginning their work day
Education And Qualifications
Essential:
High school diploma or equivalent
Attend loan review course
BSA and other Bank related training through BAI is required annually
Desirable:
Understanding of UCCs, Deeds of Trust, Letters of Credit, and Sweep Accounts
Experience
Essential:
Knowledge of customer service principles
Relevant computer skills
Possess the knowledge to assist customers and commercial lenders with various types of commercial loans
This job description is not an employment contract, implied or otherwise; therefore, employment relationship remains "at-will."
#ZR
Seniority level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Banking
Referrals increase your chances of interviewing at Morton Community Bank by 2x