Commercial Loan Coordinator
Overview
Chesapeake Bank-
Precision meets purpose. At Chesapeake Bank, we’re not just processing loans—we’re powering local business. We’re looking for a Commercial Loan Coordinator who thrives on structure, enjoys solving puzzles, and knows how to keep things moving behind the scenes.
If you’re the kind of person who finds satisfaction in a well-organized file, a perfectly timed phone call, and keeping complex processes running smoothly—this is your moment.
What Makes This Role Special
- You’ll be the operational heartbeat of our commercial lending team.
- You’ll work with smart, driven professionals who value your input.
- You’ll help bring business dreams to life—one loan at a time.
Who You Are
- A sharp eye for detail.
- A communicator who can translate complexity into clarity.
- A team player who’s ready to grow with us.
Why Chesapeake Bank?
We believe in community, connection, and careers that matter. Here, your work supports real people and real progress—and we make sure you’re supported too.
Why You’ll Love It Here:
- We’re consistently ranked among the top 200 banks in the U.S. for employee engagement
- “Fun” isn’t just a buzzword—it’s a core value we live every day
- Competitive pay, great benefits, and real opportunities to grow
- A culture of giving back: we invest time and money into the communities we serve
- You’ll actually want to get up and come to work
Ready to join a team that’s serious about success—and just as serious about enjoying the ride?
Want to read more about why you should join the team, click the link below:
Top 10 Reason You Should Explore a Career with Chesapeake Bank
Ready to coordinate something great?Apply now and let’s build something together.
Summary:
Chesapeake Bank is looking for an individual to join our growing commercial loan team as a Commercial Loan Coordinator. The individual in this role will support several lenders, assisting them with Credit Memo preparation. This position will perform various duties to support the overall needs of our commercial loan team, including creating loan approval packages, collateral valuation, review insurance requirements, and regulatory compliance tasks. The individual in this role will also be responsible for some general clerical duties such as data entry, answering phone calls, and filing/sorting of documents.
Responsibilities
- Obtains information from Commercial Loan Administrators and Loan Officers for new and/or renewing loan requests.
- Assists in preliminary screening of said requests based on financial institution policies and loan product specifications.
- Assists in the preparation of Credit Memos for loan approval and presentation.
- Maintains credit file for closing, system on-boarding, and post-close quality control
- Orders, monitors, and reviews appraisals/evaluations, flood determinations, environmental assessments and phase 1 reports
- Works with attorneys, title companies and insurance companies in partnership with the Bank’s Commercial Loan Administrator to facilitate loan closings.
- Works closely with the Commercial Loan Administrator and other Credit Department teams and assists where needed.
- Understand your role as defined by the three lines of defense to maintain a compliance culture that includes risk management processes
- Other duties as assigned
Requirements
- Previous banking experience is preferred
- College degree or equivalent qualifying job experience
- Proficient in Microsoft Office products
- Excellent oral and written communications skills
- Exceptional customer service skills
- Must be able to efficiently balance various duties and work independently
- Ability to understand complex operational processes and workflows
- Ability to work quickly and an accurately, analyze information, and make decisions
- Willingness to assume additional responsibilities, duties, and projects as they arise
Average salary estimate
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