Commercial Loan Processor
Oklahoma City, OK
Category: Finance and Accounting
Reference ID: 10083199
Shortcut: http://addisongroup.gosnaphop.com/fBhdw0
Job Title: Commercial Loan Processor
Location: Oklahoma City, OK
Industry: Banking / Financial Services
Pay: $45,000-$50,000/year
Benefits: This position is eligible for medical, dental, vision, and 401(k).
About Our Client:
Our client is seeking an experienced loan processing professional to support commercial lending operations. This individual will work closely with loan officers to review approved applications, coordinate outstanding documentation, prepare closing materials, and assist with funding activities. The ideal candidate has a strong understanding of loan documentation, excellent organizational skills, and a high level of attention to detail.
Job Description:
Addison Group is hiring a Commercial Loan Processor on behalf of our client. This role supports approved commercial loan requests through the processing and closing stages. Responsibilities include verifying application information, tracking required documentation, coordinating third-party services, preparing closing packages, and assisting with loan funding. The successful candidate will be comfortable managing multiple deadlines while maintaining accurate records and communicating with various stakeholders.
Key Responsibilities:
- Review approved commercial loan applications to verify information and ensure required documentation is complete.
- Monitor outstanding loan requirements and follow up with relevant parties to obtain missing items.
- Arrange third-party services and coordinate with internal departments for appraisals, environmental assessments, title work, and related documentation.
- Request, organize, and prepare documents needed to move loans toward closing.
- Support loan disbursements by processing funding advances and coordinating wire transfers.
- Compile routine reports and perform additional research or analysis to support lending activities.
- Maintain accurate loan files and track processing progress to help meet established deadlines.
- Communicate with loan officers and internal partners to resolve documentation issues and provide updates.
- Assist with post-closing responsibilities and other lending-related administrative tasks as needed.
Qualifications:
- At least three years of relevant experience in commercial lending, loan processing, or a related financial services position.
- Familiarity with loan documentation, lending procedures, and approval requirements.
- Strong attention to detail and the ability to manage multiple files and deadlines.
- Proficiency in Microsoft Office, particularly Word and Excel.
- Excellent written and verbal communication skills.
- Strong organizational, analytical, and problem-solving abilities.
- Ability to work independently and collaborate effectively with loan officers and internal departments.
- Bachelor's degree preferred but not required.
Additional Details:
- Supports commercial lending activities from application review through closing and funding.
- Requires regular communication with internal teams and outside service providers.
- Candidates should be comfortable handling confidential financial documents and following established lending procedures.
Perks:
- Medical, dental, and vision insurance eligibility.
- 401(k) eligibility.
- Opportunity to build on commercial lending and loan processing experience.
- Exposure to commercial banking operations and loan funding procedures.
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
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