Description We are offering a short term contract employment opportunity for a Commercial Loan Administrator in our Worcester, Massachusetts location. This role involves a variety of administrative tasks, such as loan administration, customer communication, and management of daily transactions for our commercial customer base.

Responsibilities:

• Ensure accurate and efficient processing of customer credit applications.

• Maintain and manage customer credit records.

• Act as a point of contact for commercial customers, answering inquiries, and addressing loan status issues.

• Prepare legal documents and secure interests for commercial loan closings in accordance with state laws and bank policy.

• Manage loans in the application or renewal process, ensuring compliance with government regulations, ordering necessary reports, and coordinating with closing attorneys.

• Oversee the Commercial Pipeline Report and Commercial Construction Loan Portfolio Status Report, collaborating with lending officers to ensure accuracy.

• Review new loan/maintenance reports to ensure compliance with Loan Policy, Regulatory Requirements, and the Bank’s Board of Trustee’s approval.

• Conduct post-approval processing and funding of loan commitments, resolving any closing issues with the assistance of the Loan Officer.

• Monitor daily activity and balance requirements of commercial accounts.

• Enter commercial loans into the commercial loan operating system (Abrigo & LaserPro).

• Prepare loan packages for approval, maintaining a log of commercial applications/Term Letters.

• Handle departmental monthly HMDA-LAR reporting.

• Process construction loan advances through Built System, and prepare revolving line of credit advances for processing.

• Review and maintain all new commercial loans and commercial real estate loans for the required documentation, collateral, and insurance. Requirements • Minimum of 3 years of experience as a Commercial Loan Administrator or in a similar role.

• Proficiency in auditing, with a keen eye for identifying discrepancies and ensuring compliance.

• Demonstrated experience in managing closing processes, ensuring all transactions are completed in a timely and accurate manner.

• Extensive knowledge of commercial lending practices and regulations.

• Experience in drafting and interpreting commercial agreements.

• Familiarity with commercial banking procedures and principles.

• Proficiency in using Encompass software or similar loan processing tools.

• Ability to generate insights from complex financial data to inform strategic decisions.

Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.

Robert Half works to put you in the best position to succeed. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - whenever you choose - even on the go. Download the Robert Half app (https://www.roberthalf.com/us/en/mobile-app) and get 1-tap apply, notifications of AI-matched jobs, and much more.

All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information.

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