Lending Assistant - Turks Head, RI

About Bank Rhode Island Bank Rhode Island is a full-service financial institution with 20 branches headquartered in Providence, Rhode Island. As a full-service commercial bank, we're proud to offer a full range of banking products and services that can meet a customer's business or personal banking needs. What is Bank Rhode Island's most valuable asset? Our employees! That's why we offer competitive pay and excellent benefits which includes a matching 401k.

We pride ourselves on hiring candidates that embrace our Core Four Values:
Adaptability, Accountability, Leadership, and Teamwork. Bank RI provides a great working environment that offers opportunities for advancement.

We are currently seeking a Lending Assistant to join the team in our Providence, RI location. The Lending Assistant will perform typical administrative duties for Bank Rhode Island's Commercial Bankers. This work will include a high level of customer service for lending customers as well as coordination between departments within the bank and attorneys on behalf of the bank. If you have experience in commercial lending and excellent communication skills then please apply today!

• Coordinate loan closings and prepare closing documents for new loans and modified transactions.
• Prepare loan setup forms working closely with loan servicing.
• Prepare and have a working knowledge of legal documents and amendments for documented loans.
• Maintain in-process and existing credit files, in conjunction with credit analyst, portfolio managers and lenders.
• Prepare loan advances for existing loans.
• Perform research for lenders using the bank's database and loan files, as well as updating various reports.
• Prepare commitment letters, term sheets and other correspondence as necessary.
• Review loans for conformity with compliance policy and procedures.
• Order credit reports, flood certificates, and perform OFAC checks.
• Perform certain office manager related duties including ordering supplies and scheduling and maintaining the conference room.
• May require compiling loan presentations for Management and Executive Credit Committees.
• Providing administrative support to lending staff.

• A minimum of three (3) years of experience in Commercial Lending, Loan/Deposit Operations.
• Excellent written and telephone communication skills.
• Outstanding organizational skills.
• Computer proficiency including Word, Excel and Access.