Commercial Production Specialist
Eastern Bank · easternbank.com
WakefieldOn-siteMid level2–8 yrs
The job in short
Commercial loan production and documentation specialist for a bank.
AuditBankingInsurance
Details
- Found
- 22 d ago · posted 2026-09-25
- Location as listed
- Wakefield, MA, United States
- Role
- Financial Analyst / FP&A
- Source
- The company’s own careers site
Full description
Hiring Range: $24.56 - $39.48
The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.
The Loan Production Specialist II supports the end-to-end process of business and commercial loan production, from due diligence through post-closing administration. This role ensures accuracy, compliance, and efficiency across loan documentation, funding, and system workflows. Responsibilities and required expertise increase with grade level, reflecting greater proficiency, leadership, and subject-matter expertise
Core Responsibilities
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Conduct due diligence for business and commercial loan requests.
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Fulfill testing and QA activities pertaining to manual rate changes, insurance administration and Participation transaction flows.
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Track, monitor, and escalate exceptions pertaining to the commercial loan administrative programs.
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Assist with project, audit, and research related projects pertaining to the Commercial loans.
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Perform control testing.
Specialized Focus Areas
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Perform document quality assurance prior to loan boarding.
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Handle complex Participation and Syndication loan originations, ensuring processing and documentation are completed timely and accurately.
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Provide Commercial and Business Banking loan documentation expertise for QA activities and/or LaserPro documentation production.
Critical Processing Validations
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Ensure insurance requirements and coverage are appropriately met for applicable collateral or conditions (e.g., dwelling, flood, all-asset coverage).
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Ensure collateral records and tracking are accurately documented.
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Ensure loan terms and conditions are satisfied prior to disbursement.
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Serve as a cross-trained team member supporting collaborative workflow and production management.
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Maintain strong quality control and regulatory adherence.
Qualifications
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High school diploma or equivalent required; Associate's or Bachelor's degree preferred.
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2–8+ years of experience in loan production, commercial lending, or financial services, commensurate with grade level.
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Strong understanding of commercial loan documentation, funding procedures, and system workflows (e.g., nCino, core banking systems, LaserPro).
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Proficiency in loan origination platforms and Microsoft Office Suite.
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Excellent analytical, organizational, and communication skills.
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Ability to work independently and collaboratively in a fast-paced environment.
Financial Analyst / FP&A jobs in the United States · All Eastern Bank jobs