COMMERCIAL LENDING SPECIALIST RESUME EXAMPLE
Published: July 25, 2024 - The Commercial Lending Specialist handles loan modifications, payments, and escrow accounts, ensuring all transactions are accurately reflected in the core system. This role involves managing loan reconciliations, collateral, and document storage while preparing loan payoff requests and addressing difficult loan situations with alternative solutions. The specialist also ensures compliance with regulatory and bank policies, while contributing to process automation and data integrity improvements.
Tips for Commercial Lending Specialist Skills and Responsibilities on a Resume
1. Commercial Lending Sales Specialist, First Horizon Financial Services, Austin, TX
Job Summary:
- Identify leading-edge tactics to generate leads and build a pipeline of potential clients and business relationships
- Prospect for potential new clients and turn this into increased business
- Attend networking events and build relationships with a variety of partners and clients to develop lasting relationships
- Learning about the private mortgage business
- Identify the gaps between conventional financing and private financing and use those opportunities to gain business
- Responsible for timely processing of Conventional, FHA and VA mortgage loan applications in compliance with investor requirements.
- Ensure completeness of mortgage loan applications, clarifying and obtaining additional documentation
- Work with various departments to automate processes utilizing current technology.
- Review the department processes and procedures and provide ongoing training and updates.
- Identify improvement opportunities for the bank in addition to customer experience, gain efficiencies, improve data integrity, etc.
Skills on Resume:
- Lead Generation and Pipeline Management (Hard Skills)
- Prospecting and Business Development (Hard Skills)
- Networking and Relationship Building (Soft Skills)
- Knowledge of the Mortgage Industry (Hard Skills)
- Process and Documentation Management (Hard Skills)
- Technology Integration and Process Automation (Hard Skills)
- Process Improvement and Training (Hard Skills)
- Customer Experience Enhancement (Soft Skills)
2. Commercial Lending Specialist, Central Valley Bank, Fresno, CA
Job Summary:
- Review loan funding documents for completeness, determine serviceability, and board the loan terms into the loan accounting system.
- Responsible for boarding all types of commercial and commercial real estate facilities, including syndication loans.
- Accurately and efficiently process financial and non-financial transactions to loan accounts.
- Monitor and update collateral information to ensure accuracy and that necessary details are maintained to reduce any associated risk to either the client or First Republic Bank.
- Work with internal and external business partners at various levels to research and translate account information.
- Review of Portfolio Monitoring Reports and audit corrections for accurate completion.
- Recognize issues that demand escalation, determine the appropriate Bank contact
- Act as a liaison between the client and relevant groups to successfully resolve issues.
- Prepare loan file for underwriting approval.
- Proactive communication of loan status to originators, borrowers and agents.
Skills on Resume:
- Loan Documentation Review (Hard Skills)
- System Data Entry and Management (Hard Skills)
- Collateral Management (Hard Skills)
- Account Information Research (Hard Skills)
- Portfolio Monitoring and Auditing (Hard Skills)
- Issue Recognition and Escalation (Soft Skills)
- Client Liaison and Issue Resolution (Soft Skills)
- Loan Preparation and Communication (Soft Skills)
3. Commercial Lending Specialist, Riverfront Credit Union, Columbus, OH
Job Summary:
- Process loan modifications and maintenance in the core system
- Review financial documents and loan agreements to ensure they are accurately reflected in the Core System
- Take responsibility for processing loan Payments
- Manage Escrow accounts (property tax and insurance)
- Loan reconciliations and rate adjustments to ensure they are accurately reflected in the Core System
- Loan document collateral management, storage, and recall
- Prepare loan payoff requests and subsequent processing
- Resolves difficult loan situations and/or customer complaints and provides alternative solutions to meet customers’ needs.
- Ensures full compliance with both Regulatory and Agency Requirements and the Bank’s Policies and Procedures.
- Assist in developing innovative solutions to automate processes, reduce risk, and improve data integrity and SLA adherence.
Skills on Resume:
- Core System Proficiency (Hard Skills)
- Financial Document Review (Hard Skills)
- Escrow Account Management (Hard Skills)
- Loan Reconciliation and Rate Adjustment (Hard Skills)
- Collateral Management (Hard Skills)
- Customer Issue Resolution (Soft Skills)
- Regulatory and Compliance Adherence (Hard Skills)
- Process Automation and Data Integrity (Hard Skills)