Motivated individual sought to fill position of Commercial Loan Administrator for a mutual bank. Interested individuals must possess strong customer service, organizational and computer skills. Qualified individuals must also be able to manage multiple tasks such as:

Responsibilities include:

· Responsible for the preparation of internally generated commercial closing packages, modifications, reports, loan advances and payments and administrative extensions and checking files for completeness.

· Coordinate and complete all due diligence, pre-closing and post-closing conditions, including but not limited to OFAC checks, UCC filings, and condition tracking, remaining abreast of regulatory requirements.

Provides administrative support to Commercial Loan Officers and clients in commercial loan origination and commercial loan servicing issues.

· Maintains various daily, weekly and monthly Commercial reports such as but not limited to: Insurance tracking, UCC Expiration, Pending Documents, Colson Report (SBA), Past & Future Maturities, Life Insurance, and Summary of MTD Loan Activity. Responsible for all independent residential and commercial appraisal review functions.

· Provides assistance to the Vice President – Loan Administration Manager with general Loan Administrative support in the following areas:

· Assist with loan department compliance management review in addition to assisting with CRA, HMDA and other regulatory reports as required.

· Perform other duties that may be assigned

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Incumbent must stay abreast of regulatory requirements for proper loan documentation. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience:

· Bachelor’s degree (Preferred). Will consider High school degree and three years related experience and/or training; or equivalent combination of education and experience.

· Banking Loan Operations: 3 years (Preferred)

· Document Management: 3 years (Preferred)

· Working knowledge of all aspects of commercial and real estate loan documentation and regulatory requirements.

· Knowledge of all business types. (Corps, Trusts, LLP, LLC, etc.)

· Knowledge of debit/credit transactions.

· Sound knowledge of Word, Excel, loan software, and data center software required to perform this job successfully.

· Familiarity with real estate appraisals a plus.

DISCLAIMER: The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to the job.

We offer competitive pay, benefits and an excellent working environment.

Submit resumes to Essex Bank Human Resources PO Box 950 Essex CT 06426.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Job Type: Full-time On-Site

Annual Salary: $50,000 - $70,000

Benefits:

• 401(k) & 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance