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We are looking for a skilled Commercial Lending Coordinator to join our team in Apple Valley, Minnesota. In this long-term contract role, you will provide essential support to the commercial lending operations of a financial services company. This position is ideal for professionals with experience in loan administration and insurance tracking who are eager to contribute to the success of a dynamic team.
Job Responsibility:
Perform administrative tasks to support commercial lending operations, ensuring smooth workflow and prioritization of team objectives
File loan-related documents, including financial statements, into appropriate systems and repositories while maintaining accuracy and organization
Monitor post-closing items such as recorded documents and titles, ensuring timely follow-ups and resolving delays as needed
Support loan payoff processing by managing satisfactions, lien releases, and loan relationship closures effectively
Track expired or past-due insurance certificates, coordinating with insurance agents to update records and maintain compliance
Ensure accurate documentation of insurance coverage and update systems to reflect current status
Maintain complete and accurate loan relationship files to uphold operational standards
Assist with general administrative duties assigned to align with team workload and priorities
Escalate unresolved issues promptly to ensure timely resolutions
Collaborate with team members to enhance efficiency and maintain high service standards
Requirements:
At least 2 years of experience in loan administration, origination, or commercial lending support
Proficiency in managing commercial loan files and related documentation
Knowledge of insurance tracking processes, including liability and property insurance verifications
Familiarity with processing loan payoffs and closures, including lien releases
Strong organizational and clerical skills to handle document management and file maintenance
Ability to use Office applications effectively for administrative tasks
Excellent communication skills for coordinating with insurance agents and team members
Detail-oriented approach to ensure accuracy in loan and insurance documentation
What we offer:
medical, vision, dental, and life and disability insurance