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Commercial Production Specialist I in Lynn, MA at Eastern

Date Posted: 2/18/2018

Job Snapshot

Job Description

When you join Eastern Bank, you join the largest and oldest mutual bank in the country.
We pride ourselves in having knowledgeable and experienced professionals that can provide the expertise, personal attention and service our customers deserve.
As the fourth-largest full-service commercial bank in Greater Boston, we are able to offer you unique opportunities for career growth throughout the organization, as well as a competitive compensation and benefits program.
As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us.
In this role, you will be responsible for the following:
The Loan Production Specialist works in the Loan Production Group (LPG) and is responsible for performing due diligence, closing, funding, processing, and QC of all new loans, renewals, extensions and modifications for the Commercial lending teams including Private Banking, Business Banking and Managed Assets. This individual must be able to provide high quality production while meeting deadlines. This individual must possess a strong working knowledge of commercial loan documentation and the commercial lending process. This individual must have strong communication skills and must work well with both internal and external customers.

Job Requirements

• Bachelor’s degree or related knowledge/skills base gained through experience required
• Paralegal Certificate/Degree would beneficial
• 3 – 5 years of loan documentation experience required
• Computer experience required
• Experience independently managing an efficient workflow
• Strong knowledge of commercial banking compliance issues and regulations
• Strong knowledge of commercial collateral protection requirements
• Strong knowledge of commercial banking operations and procedures
• Strong knowledge of loan documentation and legal requirements
• Strong knowledge of general banking operations and activities
• Superior communication, organizational, writing, and interpersonal skills required
• Strong knowledge of Metevante, ECM, LaserPro, MS Office preferred
• High sensitivity to deadlines