Commercial Loan AssistantMutualOne Bank

Overview

Salary Range: $51,729.00 - $78,159.00 Hourly

Position Type: Full Time

Job Shift: Day

Category: Admin - Clerical

Description

Position Description

Title: Commercial Loan Assistant

Department: Commercial Loan Support

Reports to: AVP, Commercial Loan Supervisor

Supervises: None

Classification: Non-Exempt

Date Prepared: November 21, 2025

Summary / Objective

The Commercial Loan Assistant will provide administrative and operational support to commercial lenders, borrowers, and credit analysts. The assistant will be responsible for the scheduling and coordination of closings, the preparation of closing documents and conducting all necessary due diligence. This person will perform perform administrative functions as requested, will answer customer inquiries, will prepare department reports and will resolve routine to complex problems.

Experience & Education Requirements:

• Bachelor’s degree or equivalent commercial lending experience

• Background in financial institution’s commercial lending procedures

• Background in understanding legal documentation and loan operations for commercial lending purposes

• Experience using LaserPro software is preferred

Essential Job Functions:

• Prepare commitment letters, loan closing documents, and attorney fee sheets, also coordinates loan closings with outside counsel

• Prepare modification agreements and ensures accuracy of both legal documentation and system of record

• Conduct all necessary due diligence for commercial loans to include: ordering and reviewing appraisals, environmental reports and corporate searches

• File uniform commercial code filings ensuring proper lien position

• Responsible to upload legal and credit file documentation to imaging system, as well as maintenance of accurate bank records

• Ensure loan and credit files contain documents with proper signature, legal descriptions, closing dates and other relevant data along with compliance with federal and state regulations

• Responsible for timely follow up on post-closing items

• Responsible to set up construction loans in system for advance inspection requests and monitoring percentage complete

• Answer email and telephone requests to assist customers concerning routine and complex loan inquiries and requests

• Provide administrative assistance to loan officers as needed

• Responsible to ensure all duties are completed in compliance with federal and state legal/regulatory requirements as well as bank policies and procedures

Qualifications

Physical Demands and Work Environment:

• Ability to use standard equipment such as computers, phones, photocopiers

• Requires manual dexterity and sitting for longer periods of time

• Must be able to work schedules that meet the needs of the Bank, which may include early morning, evening and/or weekend hours

• Occasional local travel for Bank purposes

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is expected that from time-to-time other duties, both related and unrelated to the above, may be assigned and therefore required.

Equal employment opportunity, including veterans and individuals with disabilities.

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