Commercial Loan Associate

Commercial Loan Associate

East Rise Credit Union

Base pay range: $28.91/hr - $32.12/hr

• Conduct thorough reviews of Loan Approval Reports and all supporting corporate and collateral documentation to ensure accuracy, completeness, and compliance with internal policies and federal lending guidelines.
• Prepare precise and compliant loan documentation using Laser Pro for both complex and standard commercial loan closings, ensuring alignment with the credit standards of East Rise Credit Union.
• Coordinate all aspects of the loan closing process in collaboration with Commercial Loan Officers, communicating directly with members, attorneys, and accountants to collect required entity documentation, financials, and insurance information.
• Assemble and submit complete loan files to OnBase and the File Library, conduct post-funding reviews, and cross‑check core systems to verify correct loan booking.
• Maintain and monitor outstanding tickler items, providing document checklists to Commercial Loan Officers, tracking documentation exceptions, and assisting in collecting outstanding items.
• Facilitate the ordering of appraisals through the Appraisal Desk using internal systems and technologies, ensuring timely processing and alignment with underwriting and closing timelines.
• Other duties as assigned, ensuring compliance with all company policies, applicable laws and regulations, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

• A minimum of one to three years of similar or related experience, including preparatory experience.
• A college degree.
• Knowledge of BSA, Patriot Act, and OFAC regulations.
• Excellent written and verbal communication skills.
• Strong organizational and multiple‑priority management abilities.
• Ability to work independently or as part of a team, with limited supervision.
• Effective customer service and discretion when dealing with confidential matters.

• Must be at least 18 years of age.
• Background, credit, criminal, bondability, and reference checks required.
• May be required to travel to other branches or locations, depending on the position.
• Physical demands include frequent use of hands, occasional lifting of up to 10 pounds, and work indoors in a climate‑controlled shared work area.