Business Banking Loan Coordinator

At Altra Federal Credit Union, we are committed to supporting businesses with reliable financial solutions and exceptional service. We pride ourselves on fostering a collaborative, inclusive, and client-focused environment where your contributions truly matter. Join a team where your work directly supports the growth of our local communities!

The Business Banking Loan Coordinator plays a key role in supporting the lending team by managing the documentation, processing, and coordination of commercial loan applications. This position ensures loan files are complete, accurate, and compliant with regulatory and internal standards, helping streamline the loan process from origination to funding.

Key Responsibilities

• Coordinate with relationship managers, underwriters, and members to gather and review required loan documentation.
• Prepare and process loan files for approval, closing and funding.
• Ensure all loan documentation complies with internal policies, procedures, and regulatory requirements.
• Track loan status and follow up with relevant parties to ensure timely completion of tasks.
• Maintain accurate loan records and enter data into loan origination and core banking system.
• Provide support for audits, reviews, and reporting as needed.
• Communicate effectively with clients and internal departments to deliver a smooth loan experience.

Qualifications

• High school diploma or equivalent required.
• Associate’s degree in finance, business or related field required. Additional experience in lieu of degree may be considered.
• 2+ years of similar experience (banking, loan processing, or commercial lending support) or internship with Altra business banking.
• Strong understanding of business banking products and loan documentation preferred.
• Proficiency in loan origination systems and Microsoft Office Suite.
• Excellent attention to detail, organizational skills, and time management skills.
• Strong interpersonal skills and communication skills, with a member-first mindset.

Availability

• This position is 40-hours a week, Monday through Friday.
• Typical hours are 8:00 a.m. to 5:00 p.m.
• Will require some flexibility within these hours, as needed.

Work Environment

• The position will be located at Altra’s Business Banking Building in Onalaska WI.
• Work from home opportunities are available after 3-6 months of employment, once successfully completing all position-specific training and demonstration of consistent and satisfactory work performance.

Why work at Altra?

• Hourly pay starting at $21.37+ per hour, based on experience
• When bilingual in Spanish or Hmong, receive a $1.00 / hour pay premium after completing and passing the language exam.
• Comprehensive benefits package that includes medical / dental / vision coverage, group life insurance, and supplemental life insurance options.
• Up to a 6% Employer-matched 401(k) + additional 3% employer safe harbor
• Paid time off, volunteer time off, paid holidays, and your birthday off (paid)!
• Employee-only perks and discounts

Altra is proud to be a Great Place to Work® certified company six years in a row; 92% of our employees say Altra is a great place to work! At Altra, we invest in each other and work together to make a difference in the communities we serve and to help people live their best life!

We support diversity in the workplace and are an Equal Opportunity Employer. Come join our team, it’s where YOU belong!