Commercial Lending Analyst

$62,400 - $82,160/Yr

Calance - Plano, TX

Full-time

Hybrid - Plano, TX

Professional, Scientific, and Technical Services

About the position

The Commercial Lending Analyst position involves coordinating loan documentation, managing data entry into loan systems, and ensuring the successful execution of loan closings and funding. The role requires interaction with various stakeholders and oversight of construction loans and revolving lines of credit, making it essential for candidates to have a strong background in commercial real estate or construction loans.

Responsibilities

• Coordinate loan documentation preparation and data entry into loan systems.
• Verify insurance and coordinate with borrowers, counsel, and loan officers for closing and funding of loans.
• Update risk ratings and FRB flags in the loan system.
• Review work conducted by third-party construction monitors and contractors.
• Monitor and report on service levels related to construction loans and revolving lines of credit.
• Execute the balancing, draw, and disbursement process associated with loans.
• Communicate with stakeholders including Legal, Compliance, Risk, Treasury, and Finance.

Requirements

• 3+ years of relevant experience in commercial real estate or construction loans.
• Detail-oriented with a willingness to perform data entry tasks.
• Experience with MS Office tools, particularly Word and Excel.
• Bachelor's degree is required.

Nice-to-haves

• Exposure to Commercial Lending, particularly in Captive Finance lending or Dealership.

Benefits

• 401(k)
• AD&D insurance
• Dental insurance
• Disability insurance
• Health insurance