Senior Commercial Loan Documentation and Operations Specialist
Compensation
$25.77 – $32.21 /hr
Employment type
Full-time
Work setting
On-site
Location
Arlington Heights, IL
Schedule
Day shift
Posted
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Job overview
The Senior Commercial Loan Documentation and Operations Specialist role is onsite in Arlington Heights, IL. The hiring salary range is $25.77–$32.21 per hour. The role supports Alero Financial’s Commercial Lending Department. The specialist oversees commercial loan documentation, closing, booking, and post-closing functions while ensuring accuracy and compliance with approvals, policies, and regulations. The role also provides operational direction, training, workflow management, and quality control for loan operations staff, with future-state support for SBA lending activities.
What you'll do
- Prepare, review, and coordinate commercial loan documentation and closings
- verify due diligence and closing conditions
- oversee loan booking, funding, boarding, and maintenance
- review loan setup and servicing records for accuracy and compliance
- support collateral tracking and covenant monitoring
- improve workflows and procedures
- train and mentor staff
- provide escalation support
- participate in audits and regulatory reviews
- assist with SBA program implementation as activities are introduced.
What we're looking for
- Skills & competencies
- commercial loan documentationloan operationscommercial lendinglaserproloan closingloan bookingarlington heights ilalero financial$25.77–$32.21/hrcre and c&i lendingsba program support
- Work arrangement
- Weekend coverage required
Benefits & perks
- Health, vision, and dental insurance
- long-term disability, critical illness, and life insurance
- 401(k) match
- profit sharing
- paid time off
- flexible spending account
- tuition reimbursement
- pet insurance
- commuter benefit.
Why this role
Requires 5–7 years of commercial loan documentation or operations experience and 5–7 years using LaserPro; associate degree preferred, with equivalent experience considered. SBA support is described as future-state work.
About the employer
Alero Financial is hiring for this role. Industry: Credit Unions. Sector: 52.
Additional details
- Industry sector
- 52
- Industry
- Credit Unions
- Occupation code
- 13-2072.00
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Listing ID: 1b6e9c5d-a285-45e4-b192-c93e7bcb3a70