Commercial Loan Operations Specialist
Lake Michigan Credit Union
Commercial Loan Operations Specialist
Lake Michigan Credit Union
Member-owned financial co-op providing loans
About this position:
The Commercial Loan Operations Specialist role is responsible for performing a variety of routine and non-routine daily loan operations activities, documentation preparation, and follow-up of commercial loans.
What you'll do:
Performs day-to-day loan operations functions for all lending transactions booked by the Commercial Loan Operations Department.
Interact closely with loan processors and lenders.
Responsible for booking loans in Silverlake system.
Prepare and file UCC Continuations.
Maintain insurance tracking – Communication with members & insurance agents for policy coverage on loan renewals.
Escrow monitoring and order tax service contracts.
Handle general Member inquires, both external and internal. Exceed Member expectations by making their needs a priority.
LaserPro Doc Prep/Review.
Imaging of loan documents.
HMDA/Adverse Action reports.
Construction loan monitoring and disbursements.
All other duties as assigned.
What You'll Bring:
Two years banking or equivalent experience, preferably in loan operations, with a thorough knowledge of the loan service process
Requires strong attention to detail and organizational skills
Good verbal & written communication and effective problem-solving skills.
Time management for understanding the urgency of Member needs.
What You’ll Get:
All Employees: weekly pay and retirement savings options.
Full-Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.
To see a full list of our benefit offerings – check out this helpful guide!
Have additional questions about the role? Email the Talent Acquisition Team at: [email protected].
If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to P.O. Box 2848, Grand Rapids, MI 49501-2848.
Member-owned financial co-op providing loans
Lake Michigan Credit Union (LMCU) is a member-owned financial cooperative that offers personal and business banking services. It provides checking and savings accounts, credit cards, and loan products such as mortgages, home equity loans, and auto loans, with an emphasis on low mortgage rates and low down payment options. Members access services through physical branches and online banking, with revenue primarily from interest on loans and related financial fees. Unlike traditional banks, LMCU is owned by its members, which can enable more favorable rates and terms. The company serves communities in Michigan and Florida, combining local presence with digital banking to support everyday financial needs. Its goal is to deliver affordable, accessible financial services to its members while growing a stable, member-driven financial cooperative.
Explore more opportunities at Lake Michigan Credit Union