Banking & Commercial Loan Processing Manager jobs in Worcester, MA
Banking & Commercial Loan Processing Manager assists in the management of the loan processing operations team that originates, processes, and closes various types of loans. Implements processes and procedures to maintain accuracy and completeness of required documentation. Being a Banking & Commercial Loan Processing Manager monitors achievement of operating performance metrics and standards for speed, quality, and customer service. Develops solutions to resolve operational issues. Additionally, Banking & Commercial Loan Processing Manager oversees the preparation of reporting for internal departments and external agencies. Coordinates audit requests and processes. Develops training and communication mechanisms that inform the team of regulatory requirements and updates. May require a bachelor's degree. Typically reports to a manager. The Banking & Commercial Loan Processing Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Banking & Commercial Loan Processing Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Recently Added Banking & Commercial Loan Processing Manager jobs
Commercial Loan Officer (C&I) - Worcester
- Rockland Trust
-
Worcester, MA
FULL_TIME
-
We offer an extensive and highly supportive branch network, competitive products and pricing and exceptionally strong local operational support to help you achieve your business development objectives.
- Develops and services a wide variety of secured and unsecured loans or lines of credit, most of which involve large amounts of money and important customers.
- Attend to the needs of customers seeking loans or lines of credit on terms that involve significant amounts of unsecured funds and/or credit secured by mortgages or other collateral.
- Interviews applicants to develop information concerning their businesses, needs, desires, abilities, and earnings to determine whether a loan may be an acceptable risk.
- Guides the credit department or junior officers in the development and analysis of financial background data for new or renewed loans.
- Makes decisions on loans and terms within established lending limits, or makes recommendations to a superior.
- Follows current loans and credit lines to ensure complete compliance with terms.
- Gives financial advice and counsel to customers and prospective customers.
- Studies industrial, commercial, and financial situations relating to new or existing businesses.
- Makes recommendations on financial and organization structure, locations, and other matters on which the company may have information.
- Participates with senior officers on larger loans and lines.
- Keeps informed as to the status of loans in the department.
- Calls on potential or existing customers to develop new business and increase or retain existing business.
Understanding and experience working with credit documentation a must
Must be able to perform general office duties, including but not limited to maintaining supplies and distributing communications when needed
Demonstrated ability to review and evaluate documentation for risk
Related experience with regulatory, compliance and due diligence requirements
Updates job knowledge by participating in educational opportunities
Understanding of Bank operations and familiarity with the credit process
Strong organizational, reasoning and communications skills
Self motivated and independent with the ability to multi task, balance a demanding work load and meet critical deadlines
PC skills including Word, Excel and Power Point are a must
Ability to establish and maintain effective working relationships
Required Experience:
Qualified candidates will have at least five years of commercial lending (both C&I and Commercial Real Estate) experience ideally in our market, strong credit skills and a record of success in developing, maintaining and closing new business.
Ability to utilize deductive and inductive reasoning to solve problems
Ability to understand new information and apply it for future problem-solving and decision-making
Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Vacation Time, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an Award Winning Wellness program and much more!
At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. 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.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
"Rockland Trust is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law. We recognize that in competitive financial services markets, employees make the difference between an ordinary company and an excellent one. Employees come to Rockland Trust with different backgrounds and experiences. These differences together can result in greater creativity, better insights, and improved decision-making, all vital to Rockland Trust's success in the New England marketplace.
If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact 781.982.6198 or email Careers@RocklandTrust.com for assistance. "
- 24 Days Ago
VP Loan Servicing Manager
- Main Street Bank
-
Marlborough, MA
OTHER
- Job Details Level: Management Job Location: Headquarters - Marlborough, MA Position Type: Full Time Salary Range: $120,000.00 - $150,000.00 Salary/year Job Category: Banking DescriptionTitle: VP Loan ...
- 24 Days Ago
Commercial Account Manager
- Blackmon Mooring & BMSCAT
-
Marlborough, MA
FULL_TIME
- Hybrid 95% On The Field Car Allowance and Free Medical Insurance! Job Description In this role, you will call on and build relationships with a broad variety of customers and become their preferred pr...
- 16 Days Ago
Commercial Lines Account Manager
- World Insurance Associates, LLC.
-
Worcester, MA
FULL_TIME
- SummaryWorld Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents.Founded in 2011, World i...
- 18 Days Ago
Commercial Portfolio Manager
- Clinton Savings Bank
-
Clinton, MA
FULL_TIME
- Job Description:The Portfolio Manager provides a wide range of credit related and monitoring functions relative to the ongoing management of the commercial loan portfolio while supporting one or more ...
- Just Posted
Commercial Account Manager Worcester
- Criterion Executive Search
-
Worcester, MA
FULL_TIME
- Our client, a rapidly growing and unique insurance organization and one of the fastest-growing insurance brokers in the U.S., is seeking a highly motivated and customer-focused Commercial Lines Accoun...
- 1 Day Ago
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0 Banking & Commercial Loan Processing Manager jobs found in Worcester, MA area
About Worcester, Massachusetts
Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. Worcester is bordered by the towns of Auburn, Grafton, Holden, Leicester, Millbury, Paxton, Shrewsbury, and West Boylston.
Worcester is known as the Heart of the Commonwealth, because of its proximity to the center of Massachusetts. The city is about 40 miles (64 km) west of Boston, 50 miles (80 km) east of Springfield, and 38 miles (61 km) northwest of Providence, Rhode Island.
The Blackstone River forms in the center of Worcester by the conflue...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Processing Manager jobs
$76,362 to $104,470
Worcester, Massachusetts area prices
were up 1.6% from a year ago
were up 1.6% from a year ago
What does a Banking & Commercial Loan Processing Manager do?
Banking & Commercial Loan Processing Manager in New Orleans, LA
The minimum educational requirements for banking and commercial loan processing managers are a bachelor’s degree in business, finance, economics, or a related field.
December 19, 2019
Banking & Commercial Loan Processing Manager in Vincennes, IN
Commercial loan processors work with the business or commercial banker to make sure that the customer has provided all necessary information and signatures meets the bank’s standards and requirements for the loan.
February 17, 2020
Banking & Commercial Loan Processing Manager in San Diego, CA
While the business or commercial bankers get the ball rolling, it is the commercial loan processors that ensure all of a loan’s ducks are in a row.
February 12, 2020