Commercial Banking Associate

WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achievetheirfinancialgoals. We are driven by a shared commitment to always do the rightthing;leading with integrity and providing valued advice and guidance to our value theexpertiseandskillsetseach team member provides and encouragecollaborationinnovation adaptability and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements andgrowthwe foster long-term relationships with clients andteam members. We are proud to be recognized as a Top Workplace bynumerousindustryand regionaloutlets.

CORE VALUES:Passion forExcellence::Success is NeverFinal:: Do theRightThing :: One Alerus

ABOUT THE ROLE:

This position supports Bankers by providing pre-closing fulfillment and ongoing administrative support for commercial lending and deposit relationships. This role assists with coordinating and reinforcing the sales and client service efforts of the commercial banking team by managing documentation due diligence and operational workflows to ensure adherence to approved terms and regulatory requirements. It will be expected to maintain a customer focus and to partner closely with underwriting relationship management loan operations and internal experts to deliver a consistent high-quality client experience while maintaining a strong focus on accuracy organization and service delivery.

WHAT YOULL BE DOING:

• Manage commercial loans through commercial loan origination workflow system from application through post-closing and completion.
• Enters complete and accurate loan applications; performs pre-closing and post-closing due diligence and documentation review.
• Coordinate loan closing with title companies attorneys and internal partners; submit requests for loan documentation preparation.
• Works closely with Bankers and clients to obtain required information for submission to underwriting and/or ongoing tickler file monitoring.
• Manage loan closing pipelines and assist with coordinating loan closing timelines and client communications with Bankers.
• Indexes and maintain financial and supporting documentation within Nautilus and other internal systems.
• Responsible for obtaining and maintaining required KYC CIP CDD and Beneficial Ownership for commercial loan and deposit clients.
• Assist with opening commercial depository accounts for assigned Bankers collaborating with Commercial Deposit Specialists Treasury Management Private Banking or Retail partners as needed.
• Provide superior customer service and acts as a point person in resolving client issues for assigned Banker portfolios.
• Coordinates with Bankers and enters business overdraft and refund decisions; escalating approvals per credit policy.

WHAT YOU SHOULD HAVE:

• Bachelors degree or equivalent combination of education and/or related experience in the financial industry.
• Minimum of 1 year of commercial lending and/or deposit experience.
• Understanding of commercial lending and deposits bank operations products and services business entity structure and documentation.
• Capacity to manage and stay organized while working with high volume time sensitive transactions and portfolios.
• Ability to be flexible implement continuous change and demonstrate a positive attitude.
• High level of commitment to accuracy and detail.
• Effective written and verbal communication skills.

WHAT WE BRING TO THE TABLE:

• Competitivecompensationincludingbasesalarybonusand/or incentiveopportunities.
• Comprehensivebenefitspackageprovidingawide range ofhealth and well-beingbenefits including medicaldental visionlifeandlong-termdisability insurance; and401(k)andESOPfor retirement savings.
• Generous paid time off programssuch asflexible time offcompany-paid holidaysparental and bereavement leave.
• Learning and development resourcesfor personal and professionalcareer development and advancement opportunities.
• Access to financial experts for guidance financial wellness tools anddiscountson Alerus products and services.
• Support for the communities we live in through paid volunteer time and a company donation match opportunity.

WORK ENVIRONMENT:Workistypicallyperformed in an office setting. Theemployeeisregularly required tosit for extended periods of employeeis occasionallyrequired tomove about the officeutilizingproper ergonomic safeguards when doing theemployee mustoccasionally liftormovesuppliesand materialsupto 20 pounds.

BASE PAY RANGE:

$25 - $30 per hour

The above information in this description has been designed toindicatethe general nature and level of work performed by employees in this position. It is not designed tocontainor be interpreted as an exhaustive list of all responsibilities dutiesand qualificationsrequired ofemployees assigned to this job.

Alerus is an equal opportunity employer and value diversity at our company. We do not discriminateon the basis ofrace religion color national origin gender sexual orientation age marital status veteran status or disability status.

Required Experience:

IC