Commercial Loan Administrator

Wilbraham, MA

Monson Savings Bank is seeking a full-time, non-exempt Commercial Loan Administrator, working within the Commercial Lending Department located at 75 Post Office Park, Wilbraham, MA. As a Commercial Loan Administrator, you will prepare commercial closing documents, work closely with Commercial Loan Officers, attorneys and Commercial borrowers.

This full-time position generally works Mon-Fri 8:00 am to 4:30 pm. Potential for future hybrid remote/in office work schedule is available.

Some of the position responsibilities include:

  • Coordinates commercial loan closings between lender and closing attorney, including preparing commitment letter, ordering appraisal, preparing closing packages, and any additional follow-up required by Bank.
  • Prepares and reviews loan documentation required for all types of commercial loans and maintain files in accordance with established procedures.
  • Ensures that loan files are complete and contain all required documentation with proper signatures, dates and other relevant data; follows up as needed.

Education/Experience: Preferred applicants have an Associate’s Degree and minimum two years of related commercial loan department experience, or equivalent combination of education and experience.

Qualifications/Skills: Position requires excellent verbal and written communication skills with strong customer focus; team approach to work responsibilities; ability to prioritize and manage time; ability to manage multiple responsibilities; strong organizational skills and attention to detail.

Join our growing and dynamic team! We are a successful community bank dedicated to our customers, associates and communities!

Benefits include paid time off, 401(k) with company match, suite of insurance benefits including medical, dental and more! This is a great opportunity to join a successful, local bank that has a rich history of investing in employees and local communities for more than 150 years!

Monson Savings is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential position functions. 

JOB CODE: CommLoanAdm090624