Commercial Loan Documentation Assistant
Hills, IAFull-timeSeen 3w agoSeen in employer's feed 6 days ago
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Job overview
The Commercial Loan Documentation Assistant organizes, researches, and facilitates commercial loan transactions, supporting accurate loan documentation and lien completion for non-real-estate collateral. The role works with the Commercial Loan Processing Department, loan officers, and administrative assistants to meet service standards and deadlines. It also monitors work in process, supports quality control, and provides backup for commercial loan documentation processor and closer roles.
Skills & qualifications
Skills
Qualifications
Full job description
131 Main St, Hills, IA 52235, USA | Full-Time
SCHEDULE: Full-time ; Monday through Friday (7:30 am-5:00 pm), average of 40 hours/week with overtime as needed.
LOCATION: 131 E Main St, Hills, IA 52235
BENEFITS: Our employees are our most valuable assets, so we invest in them with a comprehensive and competitive benefits package. Our philosophy of taking care of the customer extends to taking care of our employees so that they, in turn, can take good care of themselves and their families. Join Hills Bank and let us surprise you with even more perks!
SCOPE:
The Commercial Loan Documentation Assistant is responsible for organizing, researching, and facilitating commercial loan transactions according to the Bank's preferences and approved criteria to ensure proper lien completion and compliance. This role requires precision and the ability to multi-task to meet shifting deadlines and to ensure accuracy of loan documents for a variety of non-real estate collateral. The Commercial Loan Documentation Assistant works alongside others in the Commercial Loan Processing Department and Bank to ensure that service standards are met.
ACCOUNTABILITIES:
Loan Documentation Support and Production:
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Responsible for accurate build and set up of loan applications in the loan origination software, ensuring accurate and complete entry of entity, collateral and loan terms.
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Completes the finalization of loan documents for closing
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Orders and interprets supplemental vendor due diligence information to ensure borrower, collateral and guarantor requirements are met to support production of appropriate loan documentation in compliance with all terms of the loan request.
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Coordinates with Loan Officers and Administrative Assistants, compiling all necessary paperwork to ensure timely creation of loan documentation.
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Ensures adherence to the Bank's risk tolerance and escalates issues, involving in-house counsel and upper management in complex loan files.
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Maintains knowledge of current loan documentation guidelines for agricultural and business loans to perfect the bank's lien.
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Manages workload by monitoring newly received loans as well as tracking work in process.
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Demonstrates and appropriately applies a working knowledge of diverse commercial loan documentation, legal and regulatory requirements (including unique state regulations), policies and procedures, and applies that knowledge to their own work as well as acting as a support to others.
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Minimizes risk to the bank through a solid understanding of procedural requirements, providing guidance and oversight to peers through the quality control function of non-real estate loans produced by peers.
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Obtains and understands all funding information and creates and/or reviews the settlement statement providing direction for the disbursement of loan proceeds.
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Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience.
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Provides backup for Commercial Loan Documentation Processor and Closer roles.
Other:
- As part of the overall team of bank employees, this position may be requested to assist in the support of other bank activities.
EDUCATION AND SPECIAL REQUIREMENTS:
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Requires a high school degree or equivalent.
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Experience in Commercial Banking or at a Community Bank preferred
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This job requires skills needed in a typical office environment. This includes computer skills, communication skills, as well as utilization of office equipment.
EQUAL OPPORTUNITY EMPLOYER/VETERANS/DISABILITY
How this job compares
Set against the 938 open Commercial Banking jobs on Olive Jobs, counted November 11, 2026.
- Pay
- This postingNot listed
- US median$117–197K/yr533 salary ranges
- US median$28–39/hr46 hourly ranges
- Openings
- Olive Jobs lists 938 open Commercial Banking jobs across the US. 1% of them nationwide are listed as remote or flexible.
- Hiring the most across the US
- JPMorgan Chase85 open
- Fifth Third Bank, N.A.78 open
- Bank of America49 open
- Experience
- Commercial Banking postings that state a minimum ask for 6 years of experience at the median; the middle half ask for 4 to 10 years (815 postings).
- Education
- This posting asks for a high school diploma; 302 of the 938 open Commercial Banking jobs (32%) ask for a high school diploma or higher.
Counted across the open, public US postings on Olive Jobs on November 11, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.
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