Commercial Loan Processor

Location : Location US-UT-Logan
Location : Address
399 N Main St
Location : City
Logan
Location : State/Province
UT
ID
2025-3785
Category
Lending Operations
Position Type
Full Time
Min
USD $54,080.00/Yr.
Max
USD $68,640.00/Yr.

Min

USD $54,080.00/Yr.

Max

USD $68,640.00/Yr.

Job Summary

The Commercial Loan Operations Department has an opening for a Commercial Loan Processor. This position is responsible for supporting all commercial loan documentation and closing functions, while exercising quality control oversight in the execution of all duties. We strive to provide stellar communication and anticipate our client's needs. In return we have a dynamic cohesive team that works hard and takes time to recognize individual excellence. WaFd Bank is proud of the high value that we all place on simply being kind when working with co-workers and clients.

Key functions include but are not limited to the following:

  • Deliver excellent customer service to the internal and external customers (Business Banking and Commercial Real Estate) in the execution of all assigned business loan servicing duties and within service level standards.
  • Support the ongoing servicing of the business loan post close.
  • Monitor and follow through to final disposition on various items such as Maturities, Annual Financial Statement requests, UCC renewals, Insurance Tracking, etc.
  • Ensure all loans are closed and funded accurately, and the bank's lien position is protected.
  • Ensure timely communication regarding issue resolution.
  • Design, implement and support quality control checklists and procedures.
  • Follow up on funding requirements and any required loan documentation on closed loans.
  • Follow the Bank's Information Security policies, ensuring that the processing and handling of customer and confidential bank information is done in a secure manner and environment.
  • Complete any other job related duties as assigned by manager or supervisor.
  • Adhere to bank policies and procedures designed to comply with federal regulations, including but not limited to the Bank Secrecy Act, USA Patriot Act and OFAC regulations. To that end, ensure timely and accurate preparation of Currency Transaction Reports, Suspicious Activity Reports and other recordkeeping requirements.

Qualifications

A candidate for a position of a Commercial Loan Processor will have:
  • Commercial documentation experience.
  • General knowledge of banking processes.
  • Ability to read complex entity documents.
  • Strong organization and analytical skills.
  • Ability to multi-task.
  • Aptitude for learning new software.
  • Incredible communication abilities in person, email and over the phone.
  • A desire to remain positive even in difficult scenarios.
  • Take personal responsibility and pride in their work.
  • Ability to apply critical thinking to system processes.

Benefits

At WaFd Bank you get all of these great benefits!

  • Paid time off for vacation, sick days and holidays
  • Health insurance
  • Stock options
  • Bonus programs
  • Generous 7% 401(k) employer matching*
  • Paid Parental Leave
  • Life and AD&D insurance
  • Long-term disability
  • Tuition Reimbursement
  • Employee assistance programs
  • Pre-tax health and dependent-care spending plans

WaFd Bank Benefits Summary - Click here for more information

EEO Statement

We are committed to Equal Employment Opportunity and Affirmative Action. We recruit, hire, train and promote persons in all job titles and ensure that all other personnel actions are administered without regard to race, color, religion, sex, sexual orientation, gender identity, military and/or veteran status, or disability in accordance with Executive Order 11246, Section 503 of the Rehabilitation Act of 1973, as amended, and the Vietnam Era Veterans Readjustment Assistance Act of 1974, which require affirmative action to ensure equal opportunity in all aspects of employment. WaFd Bank does not discriminate on the basis of national origin or citizenship status as provided under the Immigration Reform and Control Act of 1986, or any other Federal or State legally-protected classes. WaFd Bank is committed to providing reasonable accommodations to employees and applicants with disabilities to the full extent required by the Americans with Disabilities Act (ADA). If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800.324.9375

EEO is The Law - click here for more information

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

EEO Policy Statement - WaFd Bank

Know Your Rights: Workplace Discrimination is Illegal - click here for more information

Pay Transparency Nondiscrimination Provision - click here for more information

California Consumer Privacy Act- CCPA 2025

Requisition Post Information* : Posted Date

6/10/2025

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