Commercial Loan Administrator

Located in Westerly, RI

Salary: $26 + DOE

Commercial Loan Administrator

Location: Westerly or Wakefield
Salary Range: $55,000 – $68,000 annually ($26 – $33/hour)

 

Position Overview

We are seeking a detail-oriented and motivated Commercial Loan Administrator to support our commercial lending team. This is an entry-level opportunity ideal for candidates with foundational experience or education in commercial lending, banking, or financial services who are looking to grow their career.

This role is responsible for the administrative management of commercial loan files, ensuring accuracy, compliance, and timely processing throughout the loan lifecycle.

 

Key Responsibilities

• Prepare, review, and maintain commercial loan documentation for accuracy and completeness
• Assist in the processing, booking, and servicing of commercial loans
• Coordinate with loan officers, underwriters, and customers to gather required documentation
• Ensure all loan files meet internal policies and regulatory requirements
• Monitor loan ticklers, insurance, and financial reporting requirements
• Track loan exceptions and follow up to ensure timely resolution
• Maintain organized and audit-ready loan files (digital and physical)
• Support loan closings and post-closing processes
• Provide excellent internal and external customer service

Qualifications

• Associate or Bachelor’s degree in Finance, Business, or related field (or equivalent experience)
• 0–3 years of experience in banking, lending, or financial services
• Basic understanding of commercial loan documentation and processes preferred
• Strong attention to detail and organizational skills
• Ability to manage multiple tasks and meet deadlines
• Proficiency in Microsoft Office (especially Excel and Word)
• Strong communication and interpersonal skills

 

How to Apply:

Interested candidates may apply through one of the following channels:

• Online: Submit your application at ExpressPros.com/warwickri
• Phone: Call our office at 401-739-8460 to schedule an interview
• Email: Send your resume to WarwickRI@ExpressPros.com

Apply Now