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Commercial Loan Administrator

The Federal Savings Bank Loan Administrator is expected to be a team player and willing wear many different hats. The ideal candidate for this role will thrive in a fast-paced environment and have excellent multi-tasking ability. Additionally, they should possess recent experience in Loan Administration/Loan Documentation experience in Commercial or Construction lending. A strong proficiency with LaserPro and Fiserv Cleartouch is preferred.

 Job Description

The Loan Administrator will expertly execute their daily tasks while maintaining the strong student mentality required to grow and succeed. Interpersonal and writing skills are extremely important as the position interacts with both internal and external customers. One of the Administrator’s primary responsibilities is to enhance the Customer Experience by providing prompt, accurate and thorough information.


  • 2 year Degree or related experience
  • 3 + years of Commercial loan administration experience
  • Familiarity with Loan Systems (Fiserv Cleartouch)
  • Loan Documentation Experience
  • 1 + year of LaserPro experience
  • Escrow/closing experience
  • Collections experience
  • Favorable credit
  • Excellent interpersonal skills, written and verbal
  • Microsoft Office Suite

  • Spreading of the borrower’s financial statements
  • Creation of the Loan Approval Memo
  • Preparation of Annual Reviews
  • Ordering Credit Reports
  • Ordering UCC Lien Search
  • Review & Order Appraisals
  • Review & Order Environmental Reports
  • Review & Order Third Party Reports
  • Request Borrower Financial Statements
  • Prepare Exception Reports
  • Customer Calls
  • Collection Calls
  • Risk Rate Loans
  • Familiarity with Loan Systems (Fiserv Cleartouch current platform)
  • Boarding Portfolio Loans on Fiserv
  • Post payments including setting up ACH
  • All aspects of Escrow processing
  • Prepare Loan Documentation (LaserPro current platform)
  • Any other duties as assigned from time to time
It is expected that the Loan Administrator will be able to read Appraisals, Environmental Reports and other Third Party Reports. The Loan Administrator will summarize the report’s findings in the Loan Approval Memo and Annual Reviews. He/She will be responsible for determining the appropriate Risk Rating. The Administrator will be required to defend its recommendation when presenting to Loan Committee.