Senior Commercial Loan Administration Specialist

Arizona Central Credit Union

Phoenix, AZ

JOB DETAILS
JOB TYPE
Full-time
SKILLS
Business Loans, Business Services, Commercial Loans, Credit Reports, Credit Union, Documentation, Electrical Wiring, File Maintenance, Financial Services, Funding, Insurance, Liens, Loan Closing, Loan Collateral, Loan Documents, Loan Payoffs, Loan Processing, Loan Restructuring, Loan Review, Loan Servicing, Loans, Mortgage, Past Due Accounts, Property Tax, Regulations, Rentals, Sales, Underwriting, Work From Home
LOCATION
Phoenix, AZ
POSTED
3 days ago

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:
  • ExperienceFive 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).

Powered by JazzHR

About the Company

A

Arizona Central Credit Union