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Commercial Loan Coordinator
First Business BankUnited Statesfull_timeVerifiedPosted 14 Jan 2026
About the role
Join us today as a Commercial Loan Coordinator!
First Business Bank is a Top Workplaces USA company, learn more here. At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority — they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other’s differences, and a focus on improving our communities, we are confident you’ll find the experience is your advantage. We’re delighted you’re considering joining us!
OVERVIEW:As a Commercial Loan Coordinator, you’ll play a critical role in managing and servicing our commercial loan portfolio. This position requires a proactive professional who can confidently prioritize multiple deadlines and deliver accurate, timely support to our bankers.The go-to expert for guiding loan renewals, clearing memos and exceptions, and ensuring all documentation meets Bank policies and procedures. From new loan closings to modifications, your expertise will help keep processes smooth and efficient. Working closely with multiple bankers, you’ll ensure deadlines are met, renewals are processed promptly, and exceptions stay within goal ranges—all while maintaining clear, concise communication. Work Model: Based out of our Appleton, WI location, onsite Monday-Friday, 8am-5pm. Specifically, as the Commercial Loan Coordinator you will:Loan Coordination (70%)
First Business Bank is a Top Workplaces USA company, learn more here. At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority — they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other’s differences, and a focus on improving our communities, we are confident you’ll find the experience is your advantage. We’re delighted you’re considering joining us!
OVERVIEW:As a Commercial Loan Coordinator, you’ll play a critical role in managing and servicing our commercial loan portfolio. This position requires a proactive professional who can confidently prioritize multiple deadlines and deliver accurate, timely support to our bankers.The go-to expert for guiding loan renewals, clearing memos and exceptions, and ensuring all documentation meets Bank policies and procedures. From new loan closings to modifications, your expertise will help keep processes smooth and efficient. Working closely with multiple bankers, you’ll ensure deadlines are met, renewals are processed promptly, and exceptions stay within goal ranges—all while maintaining clear, concise communication. Work Model: Based out of our Appleton, WI location, onsite Monday-Friday, 8am-5pm. Specifically, as the Commercial Loan Coordinator you will:Loan Coordination (70%)
- Partner with bankers to prepare underwriting checklists for new loan requests, renewals, and modifications using bank systems and reports.
- Recommend approval paths based on loan policy and assist in routing applications for decisioning and documentation.
- Maintain accurate loan pipeline updates and communicate progress to leadership.
- Attend loan committee meetings, take notes, and ensure timely follow-up.
- Post-approval, manage loan closing checklists, review documentation for accuracy, and handle unexpected changes.
- Coordinate pre-closing meetings and expedite required documentation (title work, lien searches, insurance, payoffs, etc.).
- Review loan documents and settlement statements for accuracy in terms, covenants, and equity requirements.
- Meet regularly with bankers to review outstanding exceptions and request necessary financial information.
- Prepare memos for waivers or changes in reporting frequency based on loan policy.
- Support tickler management and ensure compliance documentation is properly checked in.
- Assist with commercial loan payments, draws, and construction loan servicing.
- Provide documentation for construction draw spreadsheets and ensure timely onboarding of transactions.
- Prepare commitment letters and other correspondence, including covenant violation waivers or default letters.
- Support specialty-serviced clients and train peers as needed.
- Build strong internal and external relationships, participate in team meetings, and attend loan closings when invited,
The successful candidate should have:
- Commercial loan documentation and servicing experience is required.
- Experience in loan participation documentation and servicing is preferred.
- Advanced organizational, follow-up, and multi-tasking skills required to achieve multiple deadlines is required.
- Demonstrated aptitude and curiosity for technology and systems, including emerging tools such as AI; ability to quickly learn, adapt, and leverage digital solutions to drive efficiency and innovation.
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