Central Bank

Commercial Loan Specialist I

URBANDALE, IAPosted 18 days ago

Job summary

  • Job post source

    This job is directly from Central Bank

  • Job overview

    The Commercial Loan Specialist I at Central Bank supports loan officers by underwriting, establishing, and collateralizing commercial loans accurately and efficiently, ensuring quality loan processing and documentation.

  • Responsibilities and impact

    The role involves compiling loan documentation, collaborating with loan officers on loan structuring, managing loan closings, maintaining loan data, communicating with customers and related parties, preparing loan documents, and supporting loan committee processes.

  • Experience and skills

    Requires an associate degree or equivalent experience and at least two years in similar loan processing or administration roles.

  • Work environment and culture

    Central Bank promotes an equal opportunity, drug-free workplace compliant with ADA regulations, emphasizing respect and timely customer service.

  • Company information

    Central Bank is a financial institution committed to quality loan services and compliance with affirmative action and equal opportunity employment standards.

Company overview

Central Bank is a financial institution that provides a wide range of banking services, including personal and business banking, loans, mortgages, and investment products. They generate revenue primarily through interest on loans, service fees, and investment income. Established in 1902, Central Bank has a long history of serving its community and has grown to become a significant player in the regional banking sector. Their commitment to customer service and community involvement is a cornerstone of their operations.

How to land this job

  • Tailor your resume to highlight your experience in loan administration, particularly your ability to compile and verify loan documentation such as appraisals, title work, and credit reports, which are critical for the Commercial Loan Specialist I role at Central Bank.

  • Emphasize your collaboration skills with loan officers and your experience managing loan closings, scheduling, and communication with customers and internal teams to demonstrate your ability to serve as a liaison effectively.

  • Apply through multiple platforms including Central Bank’s official corporate careers page and LinkedIn to maximize your application visibility and ensure your resume reaches the right hiring managers.

  • Connect with current employees in the Commercial Lending or Credit Departments at Central Bank on LinkedIn; use ice breakers like commenting on recent bank initiatives or asking about their experience with loan processing workflows to start conversations.

  • Optimize your resume for ATS by incorporating keywords from the job description such as 'loan underwriting,' 'collateralization,' 'loan documentation,' 'loan closing,' and 'customer interaction' to improve your chances of passing automated screenings.

  • Utilize Jennie Johnson’s Power Apply feature to automate applying across multiple job boards, tailor your resume for ATS, and identify LinkedIn contacts to network with, allowing you to focus more on preparing for interviews and networking effectively.

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