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Senior Commercial Loan Administration Specialist in Phoenix, Arizona at Arizona Central Credit Union

NewSalary: $33.00 - $34.00/hrJob Function: Accounting/FinanceEmployment Type: Full-Time
Arizona Central Credit Union
Phoenix, Arizona, 85004, United States
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Job Description

Arizona Central Credit Union Ranked #2 in Top 10 Credit Unions in AZ for 2026
"Ranking Arizona: Top 10 credit unions for 2026" 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:

  • Perform necessary account file maintenance and process transfers and/or payments for business transactions on the core system.
  • Create, organize, and maintain loan credit files.
  • Manage and assist in the collection of delinquent loans.
  • Participation loan processing (purchased and sold) including payments, boarding and funding.
  • Review loan authorization requests and all attachments to determine documents required to produce the loan according to the underwriting guidelines, policies, and regulations.
  • Responsible for obtaining and reviewing all entity documentation, determining required signatories per the defined entity documents, and ensuring documents are prepared and appropriately executed to be a legally binding document.
  • Order, verify and review title reports, insuring appropriate title insurance coverage.
  • Coordinate loan closing with branch, borrower, and/or title company including wiring, disbursing of funds and making sure all required ticklers are set up.
  • Prepare loan boarding package including closing checklist, boarding worksheet, wire transfer, and other forms necessary for closing and boarding.
  • Obtain post funding documents and completion of tasks.
  • Create, track, and manage monthly tickler report.
  • Perfection of loan collateral in the form of deeds, mortgages, assignment of rents, title liens, UCC Filings, etc.
  • Process and execute loan modification and renewal documentation.
  • Loan servicing for commercial and portfolio loans, include but not limited to quoting and processing loan payoffs, payments, insurance and property tax related documentation, release of collateral.
  • Provides support with deposit account openings, documentation, maintenance, and updating member profiles.
Knowledge, Skills and Abilities:
  • Experience: Five to eight years commercial loan documentation/servicing/processing experience within the business and commercial lending area with demonstrated experience in advising deposit and loan applicants.
  • Education: A high school diploma or equivalent

Hours:

  • Monday - Friday: 8:30am - 5:00pm
  • Remote work is available after 90 days (Hybrid).

Job Location

Phoenix, Arizona, 85004, United States

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