Commercial Loan Administrator

Description Assist the commercial banking team or related departments with loan processing and documentation of loan requests. Coordinate the closing and funding of assigned loan packages, calculating final closing costs and disbursing funds. Ensures proper booking and earnings of all loan fees/costs in accordance with Financial Accounting Standards and Financial Management policy. Ensures that all transactions between the loan system and general ledger are balanced. Research and resolve general ledger differences. Provides customer service to external and internal customers. Qualifications 1 years plus experience in a commercial credit underwriting position Bachelor’s degree (Business, Finance and Accounting preferred; but all majors considered) Effective business writing and professional communication skills Skills/Knowledge Ability to work as a team to accomplish tasks required Excellent verbal and written communication skills Professional demeanor/presentation Computer skills – Excel, Word and Outlook Ability to manage information Ability to organize and plan Ability to multi-task Exceptional attention to detail Ability to take initiative Benefits First Bank & Trust Co. of Illinois offers a compensation package commensurate with experience. Work/life benefits include but are not limited to a competitive healthcare package and participation in a 401K plan. About First Bank & Trust Co. of Illinois First Bank & Trust Co. of Illinois, located in Palatine, IL is a national lender focused on refinancing acquisition, and bridge lending opportunities. Since our doors opened over 40 years ago, First Bank/Illinois has prided itself on serving as a dedicated community bank where its customers can feel like family. Job Type: Full-time Benefits: 401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insurance Physical Setting: Office Schedule: Monday to Friday Ability to Commute: Palatine, IL 60067 (Required) Ability to Relocate: Palatine, IL 60067: Relocate before starting work (Required) Work Location: In person