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Commercial Loan Administration Specialist
- Arizona Central Credit Union (Phoenix, AZ)
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Arizona Central Credit Union Ranked Top 10 Best Places to Work in AZ for 2025
"The 10 best places to work in financial services" AZBIGMEDIA
Arizona Central Credit Union offers a comprehensive benefits package, including medical, dental, vision, 401k with up to 6% match, an employee assistance program, and much more.
Role:
The Commercial Loan Administration Specialist will perform a variety of commercial loan and deposit duties within the Business Financial Services Department .
Summary of Job Functions and Responsibilities:
+ Order and track required documentation for loan approvals (including appraisals, title policies, and environmental reports) and for deposit accounts.
+ Perform necessary account file maintenance and process transfers, payments, and loan payoffs for businesses transactions, including participations purchase and sold loans on the core system.
+ Create, maintain, organize, and updates collateral, credit, and appraisal files.
+ Assist with initial inquiries and gather required documentation from applicants.
+ Manage delinquency reports and contact member when appropriate.
+ Accurately compile, input, and validate all monetary data necessary to execute and document loans.
+ Review loan authorization requests and all attachments to determine documents required to produce the loan according to CU underwriting guidelines, policies, and regulations.
+ Review approved loan requests/documents and board loan on core system.
+ Develop and maintain procedures, checklists, and tracking systems to manage loan covenants and compliance requirements.
+ Manage applicant loan and deposit inquiries and online requests.
Knowledge, Skills and Abilities:
+ Experience : One to three years similar or related experience, preferably within the business and commercial lending area or comparable member service-related position
+ Education : A high school diploma or equivalent
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Commercial Loan Administration Specialist
- Arizona Central Credit Union (Phoenix, AZ)