POSITION SUMMARY Provides full administrative support to Commercial Banking Officers (CBO) and serves as a liaison between the CBO and member to maintain and build the member relationship. Serves as a positive mentor/trainer for Commercial Banking Assistant I s (CBA I s). Maintains commercial loan, deposit and services files according to credit union policies, procedures, and state and federal regulations. ESSENTIAL DUTIES AND RESPONSIBILITIES Provides assistance to commercial members in all areas of the member relationship with Magnifi Financial including loans, deposits, and other services. Effectively communicates to the commercial member, CBO and support staff teams on loan, deposit and services status/updates. Assists, directly and indirectly, with maintaining large or complex CBO deposit, loan, and services portfolios. Maintains existing member agricultural/commercial lending files by reviewing files and monitoring lending reports and ticklers to assure that proper documentation is included and up to date. Assists with preparation of new loan requests and extensions as required. Orders/receives title work, flood determination, environmental risk assessment, and insurance. Requests and reviews loan documents. Assists with covenant monitoring and notifies lenders of violations. Prepares proposal/commitment letters and adverse actions. Perfects liens via recording mortgages and fixture filings and filing for lien holder status on titles. Requests disbursements/loan advances, subordinations, partial releases, satisfactions and fee reversals. Maintains a significant level of knowledge and understanding of loan documentation, credit policy and state and federal regulations. Shares knowledge in order to train CBA I s and is a resource for questions. Serves as a subject matter expert to CBA I s. Reviews loan files of CBA I s. Keeps abreast of rules, regulations and Magnifi Financial policy relating to member commercial loans. Works with CBO to monitor construction loan process, including following procedures to disburse funds to appropriate parties, collecting lien waivers, and taking pictures of construction projects as requested. Verifies business inventories and floor plans as requested by Commercial Banking Officers. Uses the sales process to identify and recommend complex Magnifi Financial products and services to members based on financial need. Makes referrals to appropriate departments. Assists with Small Business Administration (SBA) and Government Guarantee loans and assists CBA I s with this process. Suggests, and helps implement, process improvements to improve departmental efficiencies. Actively participates in community relations efforts to contribute to the mission and visibility of Magnifi Financial. BENEFITS We are committed to investing in our team! Magnifi Financial offers benefits that help everyone achieve their full potential. Full-time employees are eligible for the following benefits (benefits with an asterisk are also available to eligible part-time positions): Opportunities for Training and Development * Leadership Development * Job Level Advancement (ability to move up in your position through training and development) * Tuition Reimbursement * 32 Hours Volunteer Paid Time Off * Paid Time Off - Begin accruing upon date of hire for a total of 4 weeks per year for FT; prorated for PT * Medical Dental Vision Employer paid Life Insurance/AD&D Employer paid Disability Insurance Retirement Plan - Employer match up to 4%, eligible for annual profit sharing * Paid Parental Leave Bonus/Incentive Program Health and Wellness Programs * WHO WE ARE At Magnifi Financial, we offer a collaborative, friendly environment where we support our employee's growth and development, and create a positive work atmosphere. As a member-owned organization, we are focused on making dreams come true for our members. Our vision is enhancing the lives of members and community through strength, service and growth. Magnifi Financial ha grown to more than 90,000 members, over $2 billion in assets, over 400 employees, and over 25 branch locations throughout Minnesota. But what hasn t changed is our focus on the members and communities we serve.