Leader Bank Logo

Leader Bank

Assistant Commercial Lender

Posted 13 Days Ago
Be an Early Applicant
Hybrid
Arlington, MA
Entry level
Hybrid
Arlington, MA
Entry level
The Assistant Commercial Lender supports the SVP Chief Lending Officer by managing client service, loan documentation, and operational support for commercial accounts.
The summary above was generated by AI

Leader Bank is looking for exceptionally dedicated team members to join one of the region's fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4.5 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.
Exemplary products and an innovative spirit have driven Leader Bank's rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always improve our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
The Assistant Commercial Lender serves as the Chief lending Officers liaison on assigned commercial accounts. The Assistant Commercial Lender determines pertinent information to gather from a variety of sources, oversees preparation and review of loan documentation, and is responsible for the processing and maintenance of all commercial loan files.
This is a great opportunity for Commercial Credit Analysts or Commercial Portfolio Managers to advance as an Assistant Commercial Lender under the guidance and mentorship of the SVP Chief Lending Officer.
Responsibilities

  • Manage verification process including evidence of insurance and requests updated financial information as needed.
  • Manages portfolio risk by highlighting maturities, overdrafts, and delinquencies.
  • Verifies and processes client advances on lines of credit.
  • Oversees pipeline and portfolio by updating various construction reports, organizing draw requests, and monitoring construction budgets and pipeline reports.
  • Act as the liaison between bank, attorneys and borrowers to assist in resolving any pre and post-closing issues.
  • Request and retrieve missing legal documentation from borrowers and attorneys.
  • Assist clients with commercial banking needs including advances and new accounts.
  • Track financial statements and tax returns for both borrower and guarantors and send updates to credit and loan closing as needed.
  • File documentation in electronic files.
  • Track and request environmental reports, appraisals, and construction consultants.
  • Provides administrative support as needed


Requirements

  • Bachelors Degree
  • Prior experience working in commercial banking required.
  • Knowledge of computers and lending software.
  • Proficient in Microsoft Excel and Microsoft Word.
  • Good communication and organizational skills.
  • Ability to prioritize workflow in a multi-tasking environment.
  • Ability to work independently as well as in collaboration with the team.


Leader Bank offers an excellent compensation and benefits package including 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast-growing, local organization.
Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status, or any other protected class.
Leader Bank is an E-Verify® participant.* For more information, click on the links below:
https://www.e-verify.gov/sites/default/files/everify/images/manuals/EVParticipationPoster.JPG
https://www.e-verify.gov/sites/default/files/everify/images/manuals/IERPoster.jpg
* E-Verify® is a registered trademark of U.S. Department of Homeland Security

Top Skills

Lending Software
Excel
Microsoft Word
HQ

Leader Bank Arlington, Massachusetts, USA Office

Our corporate headquarters is centrally located in beautiful Arlington, Massachusetts and easily accessible via Route 2. Our offices are surrounded by local eateries, schools, and grocery stores – making for a neighborhood feel just a short drive or ride on public transit from downtown Boston.

Similar Jobs at Leader Bank

Yesterday
Hybrid
Arlington, MA, USA
Senior level
Senior level
Fintech • Insurance • Payments • Social Impact • Financial Services
The AI Banking Product Manager will lead AI integration into banking products, ensuring compliance, managing product lifecycle, and collaborating with various teams.
Top Skills: AIAws BedrockMachine LearningSnowflake
7 Days Ago
Remote
Hybrid
Arlington, MA, USA
Senior level
Senior level
Fintech • Insurance • Payments • Social Impact • Financial Services
The Temporary Senior Digital Marketing Specialist will develop and manage digital marketing campaigns, track effectiveness, maintain websites, and ensure compliance with bank policies.
Top Skills: Digital Marketing Platforms,Facebook Ads,Google Adwords,Linkedin Ads,Html,Asp
13 Days Ago
Hybrid
Arlington, MA, USA
Senior level
Senior level
Fintech • Insurance • Payments • Social Impact • Financial Services
The Product Manager will oversee deposit products for business and government banking, conducting research, managing stakeholder relationships, and collaborating across teams.
Top Skills: Banking SystemsFinancial TechnologyProject Management Tools

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

Key Facts About Boston Tech

  • Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
  • Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
  • Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
  • Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account