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Mercantile Bank

Commercial Loan Coordinator - Team Lead - Holland, Lansing or Troy

full-time•Holland

Summary

Location

Holland

Type

full-time

Experience

5-10 years

Company links

WebsiteLinkedInLinkedIn

About this role


Position Summary: Prepares accurate commercial loan documentation packages for various loan types in collaboration with Commercial Lenders and Credit Analysts. Supports the Commercial Loan department with a wide array of duties spanning the commercial customer relationship. Acts as a mentor and expert in the commercial loan administration team. The position requires advanced knowledge of commercial lending structures, collateral perfection, and regulatory frameworks, as well as the ability to collaborate across departments to ensure timely and accurate loan closings. Provides oversight and management of a team of Commercial Loan Coordinators.

Essential Duties and Responsibilities

Team Management and Leadership

  • Conduct and deliver employee performance evaluations in a timely and professional manner
  • Coordinate and manage job assignments and departmental operations to ensure efficiency
  • Oversee daily tasks to ensure accuracy and compliance with deadlines
  • Monitor staff workloads, vacation schedules and absences to maintain optimal staffing levels
  • Facilitate the training of new hires and provide continuous mentorship within the department
  • Coordinate and conduct monthly staff meetings as well as individual meetings with team members
  • Serve as management backup when necessary
  • Exhibit strong independent judgement and implement appropriate changes when needed
  • Consistently act as a positive role model for peers and colleagues

Compliance and Policy Enforcement

Due Diligence and Document Review

Loan Documentation and Closing

Collaboration and Customer Service

Professional Development

Operational Excellence

Community Engagement

Administrative Duties

3-5 years of Experience:

  • Banking and/or loan documentation background, specifically commercial lending
  • Customer Service
  • Training, mentoring and leading
  • Prior Commercial Loan Coordinator experience

Preferred Advanced commercial loan documentation experience

Travel will be required and may include overnight stays







What you'll do

  • The Commercial Loan Coordinator - Team Lead prepares accurate commercial loan documentation packages and supports the Commercial Loan department with various duties. They also provide oversight and management of a team of Commercial Loan Coordinators.

About Mercantile Bank

Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots. At Mercantile Bank, we use our local Directors, our commitment to the community, and our knowledge of Michigan to enable us to deliver our services in a way that truly sets us apart from our competitors. We feel our focus on the Michigan business community is the best way to help build the economy, and ultimately the community.

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Frequently Asked Questions

What does a Commercial Loan Coordinator - Team Lead - Holland, Lansing or Troy do at Mercantile Bank?

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As a Commercial Loan Coordinator - Team Lead - Holland, Lansing or Troy at Mercantile Bank, you will: the Commercial Loan Coordinator - Team Lead prepares accurate commercial loan documentation packages and supports the Commercial Loan department with various duties. They also provide oversight and management of a team of Commercial Loan Coordinators..

Is the Commercial Loan Coordinator - Team Lead - Holland, Lansing or Troy position at Mercantile Bank remote?

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The Commercial Loan Coordinator - Team Lead - Holland, Lansing or Troy position at Mercantile Bank is based in Holland, Michigan, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Commercial Loan Coordinator - Team Lead - Holland, Lansing or Troy position at Mercantile Bank?

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You can apply for the Commercial Loan Coordinator - Team Lead - Holland, Lansing or Troy position at Mercantile Bankdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.
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