Commercial Credit Administrator

We are looking for a detail-oriented Commercial Credit Administrator to support commercial lending activities in Needham, Massachusetts. This Long-term Contract position is ideal for someone who can coordinate loan closings from initial preparation through final booking while maintaining accuracy, timeliness, and regulatory alignment. The role works closely with lending teams, operations staff, and legal partners to keep transactions moving efficiently and to ensure complete, well-organized loan records.

Responsibilities:
• Coordinate commercial loan closings from file setup through final funding, ensuring each transaction progresses according to schedule.
• Prepare, organize, and review closing packages to confirm documents are complete, accurate, and ready for execution.
• Partner with relationship managers, lenders, operations personnel, and outside counsel to address outstanding items and support timely closings.
• Examine settlement statements, funding documentation, and related records to identify and resolve inconsistencies before disbursement.
• Validate onboarding details and loan file information to support accurate booking and a smooth handoff into servicing.
• Complete compliance-related tasks such as tracking insurance items, filing UCC documentation, and performing required internal checks.
• Maintain thorough electronic loan records and ensure critical documents are properly stored for audit readiness and future reference.
• Participate in pipeline discussions and assist with workload coordination to help prioritize active transactions and administrative requirements.

Qualifications:

• 3+ years of experience supporting commercial loan closings, loan administration, or related commercial banking operations.
• Working knowledge of commercial lending documentation, closing workflows, and funding procedures.
• Ability to manage multiple transactions at once while maintaining strong attention to detail and deadlines.
• Experience identifying discrepancies in documentation and taking prompt action to resolve issues.
• Strong organizational, communication, and problem-solving skills in a fast-paced banking environment.
• Familiarity with commercial banking compliance practices, including documentation tracking and file quality control.
• Proficiency with loan systems such as Loan Vantage or Abrigo is preferred.
• Background in commercial banking or commercial lending support is strongly preferred.

Compensation

$27.00-$30.00 Hourly

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