COMMERCIAL LOAN ASSISTANT SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Published: July 26, 2024 - The Commercial Loan Assistant has experience in clerical and administrative support with loan working experience, and a moderate understanding of HMDA, CRA Community Development, and CRA Small Business Revenue inputs. This role requires superior customer service skills, strong problem-solving and decision-making abilities, and excellent organizational skills. The assistant also has proficiency in reading, writing, analyzing, and comprehending business and legal documents, with strong interpersonal skills to work well with a diverse range of individuals.

Essential Hard and Soft Skills for a Standout Commercial Loan Assistant Resume
  • Financial Analysis
  • Credit Analysis
  • Loan Documentation
  • Regulatory Compliance
  • Risk Assessment
  • Loan Processing
  • Accounting Principles
  • Data Entry
  • MS Office Proficiency
  • Loan Management Software
  • Communication Skills
  • Attention to Detail
  • Time Management
  • Problem Solving
  • Customer Service
  • Team Collaboration
  • Adaptability
  • Organization Skills
  • Critical Thinking
  • Confidentiality

Summary of Commercial Loan Assistant Knowledge and Qualifications on Resume

1. BA in Business Administration with 4 years of Experience

  • Commercial documentation work experience
  • Excellent verbal and written communication skills
  • Knowledge of FISERV Premier, Compliance One and other commercial loan processing systems
  • Experience with Microsoft Word, Excel and Adobe Acrobat Standard 
  • Good problem-solving skills using experience, knowledge and policies and procedures provided
  • Ability to meet deadlines and prioritize work while working independently
  • Must view oneself as part of an overall team including supporting others within the department and throughout the Bank to achieve the overall goals of the organization
  • Regard important details to assure accuracy, detect errors and follow through on corrections and details
  • Able to adapt to different work situations, remain composed under pressure and in stressful situations
  • Knowledge of pertinent State and Federal laws and regulations

2. BA in Finance with 3 years of Experience

  • Experience in Loan Operations Banking, Commercial and Real Estate Banking Loan workflow and Bank Loan Documentation
  • Excellent organizational skills, with an ability to balance multiple projects and a high-volume workload, in a fast-paced environment.
  • A high level of integrity in all situations.
  • Excellent interpersonal skills and customer focus.
  • A great work ethic, with the ability to work quickly, accurately and with attention to detail.
  • Ability to work independently and in a team environment.
  • Computer skills, proficiency in Microsoft Office, with an emphasis on Word and Excel.
  • Ability to communicate well with customers by all means of communication including written, verbal, and non-verbal communication.
  • Willingness to accept additional responsibilities.
  • Dependable and adheres to timelines and schedules.

3. BA in Accounting with 2 years of Experience

  • Prior clerical, administrative support, or general office experience.
  • Prior loan working experience 
  • Moderate understanding of HMDA, CRA Community Development, and CRA Small Business Revenue inputs.
  • Superior customer service skills
  • Ability to read, write, analyze and comprehend instructions, routine business correspondence, financial reports and/or legal documents.
  • Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations.
  • The ability to manage problematic situations diplomatically.
  • Good problem-solving and decision-making skills.
  • Must have strong organizational skills.
  • Strong interpersonal skills and ability to work well with a wide range of people.