Lending Assistant
About Brookline Bancorp
Brookline Bancorp, Inc. is a multi-bank holding company for Brookline Bank and Bank Rhode Island and their subsidiaries. Headquartered in Boston, MA, the Company has $11 billion in assets and branches throughout Massachusetts and Rhode Island. As a commercially-focused financial institution, the Company, through its banks, offers a wide range of commercial, business and retail banking services, including a full complement of cash management products, on-line banking services, consumer and residential loans and investment services designed to meet the financial needs of small-to mid-sized businesses and retail customers. The Company also provides equipment financing through its Eastern Funding and Macrolease Corporation subsidiaries.
What is Brookline Bancorp’s most valuable asset? Our employees! That's why we offer competitive pay and excellent benefits which includes a matching 401k. We pride ourselves on hiring candidates that embrace our Core Four values: adaptability, accountability, leadership, and teamwork. Brookline Bancorp provides a great working environment that offers opportunities for advancement.
NOTE*** This role will be moving to the Boston Back Bay headquarters mid to late July 2024
The Lending Assistant will perform typical administrative duties for Brookline Bank’s Business Banking & Commercial Underwriting team. This work will include a high level of customer service for lending customers as well as coordination between departments within the bank and attorneys on behalf of the bank.
Principal Duties and Responsibilities
- Coordinate loan closings and prepare closing documents for new loans using Laser Pro or standard templates.
- Prepare loan setup forms working closely with loan servicing.
- Prepare and have a working knowledge of legal documents and amendments for documented loans.
- Maintain in-process and existing credit files, in conjunction with credit analyst, portfolio managers and lenders.
- Prepare loan advances for existing loans.
- Assist in preparing commitment letters and other correspondence as necessary.
- Review loans for conformity with compliance policy and procedures performing monthly audits
- Order flood certificates, appraisals, tax transcripts and perform OFAC checks.
- Enter loans guaranteed by the SBA into the eTran system checking other SBA required data checks.
- Perform certain office manager related duties including ordering supplies.
- May require compiling loan presentations for Management Loan Committees
- Providing administrative support as needed to the underwriting team.
- Provide excellent customer service to borrowers as needed.
- Work closely with loan servicing, credit analysts and business bankers to resolve exceptions to loan closing documentation.
Job Specifications
- A minimum of two (2) years of experience in commercial documentation, business lending or credit administration required.
- Excellent written and communication skills.
- Outstanding organizational skills.
- Computer proficiency including Word, Excel and Access.
Behavioral Skills
Consistently demonstrate behaviors associated with Brookline Bancorp’s Core Four values: adaptability, accountability, leadership, and teamwork.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.
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Seniority level
Associate -
Employment type
Full-time -
Job function
Finance and Analyst -
Industries
Banking
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Inferred from the description for this job
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Medical insurance -
Dental insurance -
Vision insurance -
401(k) -
Commuter benefits -
Tuition assistance -
Disability insurance
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