Commercial Lending Assistant- Sarasota, FL

Job Title: Commercial Lending Assistant

Primary Location: 1790 Main St, Sarasota FL 34236 

Employee Status: hourly

Estimated Hours/Week: 38

This position is in-office

% of Travel for the Position: 0%

What You’ll Get: (note varied offerings based on role and hours) 

• Weekly Pay 

• Comprehensive Health & Wellness package including Medical (with prescription coverage), Dental, and vision 

• Matching Health Savings Account Contributions, Dependent Care flexible spending account (FSA) 

• Retirement options like 401 (k) with company match and pension. 

• Paid time off: Vacation, Personal days, paid holidays, paid volunteer time, sick days, & flex time. 

• Tuition reimbursement 

• To see a full list of our benefit offerings – check out this helpful guide!

About this position: 

The Commercial Lending Assistant role is responsible for the preparation and coordination of commercial loan documentation in preparation for final approval and closing.

What you’ll do: 

• Assist customers with servicing of business depository and loan accounts.

• Process advances on business lines of credit; obtain proper approval for all advances.

• Perform public records search for all new loan requests, pull credit reports.

• Assist commercial clients with issues relating to customer accounts (i.e. cleared checks, transfer of funds, loans, etc.).

• Assist lenders in monitoring of past dues payments, collateral, insurance and financial statement exceptions.

• Process paperwork and assist lenders in approval, documentation and funding of all loans. This includes communications with loan operations, title company, attorney, appraiser, environmental review company, insurance company, borrower, etc.

• Assist lenders with administrative duties (supplies, reports, personnel matters, etc.

• Provide weekly past due reports, daily loan portfolio report, monthly loan production, fee income & portfolio growth reports.

What You’ll Bring:

• High school diploma or general education degree (GED).

• Minimum five years of customer service experience.

• Minimum five years of commercial banking and/or title company experience with time spent in commercial/real estate lending area.

• Must be knowledgeable and experienced in closing of various real estate loan transactions.

• Ability to read and interpret documentation on loan operation, credit policy & procedure manuals.

Who We Are: 

We’re proud of our past, thrilled with our present, and couldn’t be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.
 

As a credit union, LMCU is a not for profit institution, owned by its members, instead of corporate stock holders. We are accountable directly to our members, and they directly share in our success – benefitting by lower and fewer fees, better savings and checking interest rates, lower cost mortgages and a host of other advantages that simply don’t exist at traditional banks.
 

It’s about always doing what’s best and right for our members - it guides everything we do.
 

From friendly, knowledgeable and professional employees who greet you by name, to offering stellar value at every turn, LMCU works for its members.

Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day.  As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members’ lifetime financial needs. 

You’ll be encouraged to innovate and excel and we're committed to your empowerment as an employee, providing ongoing training, development, support, and opportunities for you to achieve your career goals.

Have additional questions about the role?

You may email us at: