Commercial Loan Specialist
Oklahoma City,
Category: Finance and Accounting
Reference ID: 10067800
Shortcut: http://addisongroup.gosnaphop.com/Fi5Qs2
Job Title: Commerical Loan Specialist
Location: Oklahoma City, OK
Industry: Banking / Financial Services
Pay: $55000 - $60000 / Year
Benefits: This position is eligible for medical, dental, vision, and 401(k).
About Our Client:
Addison Group is partnering with our client, a well-established financial institution, to hire a Commercial Loan Specialist. This role supports both loan documentation and servicing functions, ensuring accuracy, compliance, and efficiency throughout the loan lifecycle.
Job Description:
The Commercial Loan Specialist will support both documentation preparation and loan processing activities. This position plays a key role in reviewing loan files, onboarding new and renewed loans, and maintaining accurate records. The ideal candidate is detail-oriented, organized, and experienced in handling various types of loans, including commercial, consumer, and real estate.
Key Responsibilities:
- Prepare and review loan documentation for new, renewed, and modified loans, ensuring alignment with approvals, collateral requirements, and regulatory standards
- Input and validate required reporting data (e.g., HMDA/CRA) within internal systems
- Review supporting documents such as title policies, insurance coverage, flood certifications, and collateral filings for accuracy and completeness
- Assist with booking loans into the system and performing post-booking quality checks
- Coordinate filing of real estate-related documentation
- Process financial transactions including payments, payoffs, reversals, disbursements, and fee postings while ensuring proper reconciliation
- Generate and review loan reports, statements, and assist with general ledger balancing
- Handle customer and internal inquiries, including payoff requests, verifications, and audit-related documentation
- Support exception tracking, document imaging, and ongoing file maintenance
- Contribute to special projects and departmental initiatives as needed
Qualifications:
- Strong written and verbal communication skills with a customer-focused approach
- Highly organized with the ability to manage multiple priorities and deadlines
- Detail-oriented with strong analytical and problem-solving abilities
- Ability to work independently in a fast-paced environment
- Proficiency in Microsoft Office (Excel, Word) and familiarity with loan systems
Additional Details:
- 3+ years of experience in banking, with a focus on loan operations or administration
- At least 2 years of experience in loan documentation preparation
- Understanding of loan accounting practices and financial transactions
- Familiarity with regulatory compliance requirements within banking
Perks:
- Opportunity to work with a reputable financial institution
- Collaborative and supportive team environment
- Exposure to multiple areas of loan operations
- Potential for growth and skill development
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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