What are the responsibilities and job description for the Commercial Lending Assistant position at Bank of Utah?
As a community bank, Bank of Utah’s job is to help create vibrant, financially healthy communities for our neighbors, friends, local business owners, and for you, a valuable member of our team. When your job supports your fellow Utahns and you play an active role in helping them thrive, that community spirit permeates your work, creating a welcoming — and fun — workplace filled with opportunities to grow and give back. Come see for yourself, and experience the power and positivity of community banking.
We are currently looking for a Commercial Lending Assistant to work at our Provo Branch. The primary job function is to provide support for a variety of Commercial, Construction and SBA Loan functions.
To qualify for this Commercial Lending Assistant Position you must have:
- High School Education
- Typing speed of 45 WPM
What a Commercial Lending Assistant does day to day:
- Pull: Good Standings, OFAC, UCC Search, Flood Search
- If collateral is property, verify property taxes are current
- Order Title Policy
- Create workflow for proposed loan into SageWorks
- Image/upload all required documents into SageWorks
- Review with the loan officer all loan documents received from Credit Admin for accuracy
- Review the signed loan documents for all required signatures
- Image/upload all signed loan documents into SageWorks
- Prepare title closing letter of instructions
- Follow up on any compliance issues
- Process paid outs / release collateral
- Clear up ticker exceptions
- Process any invoices that need to be paid
- Follow up on incomplete files
- Maintain paper loan files
- Disburse loans or make transfers when applicable
- Maintain original Notes & Collateral
- When applicable, process payments / loan payoffs
- Attendance is an essential function of the job.
- Other duties as assigned.
Benefits of Working with us:
Bank of Utah’s comprehensive benefits package promotes health and wellness, financial well-being and career growth. A few highlights include:
- Great work-life balance, with a Monday-Friday schedule
- Competitive benefits, including health, eye, dental and life insurance
- 401(k) plan and match up to 5 percent, plus opportunities to participate in our employee stock ownership program (eligibility requirements must be met)
- Incentive pay
- 12 paid bank holidays earned vacation time
- Training opportunities for new employees
- Learning incentives to expand your banking knowledge and grow in your career (including opportunities to learn about all of our departments, such as mortgage, branch operations, commercial lending, personal trust, corporate trust, compliance, payments processing and more)
- Volunteer opportunities to make a difference in the communities where you work and live
- Awards and recognition to celebrate you and your colleagues for living the bank’s values