Cooperative Business Services LLC

Compensation

Full Description

Description: The CBS Difference Cooperative Business Services offers a comprehensive, end-to-end commercial lending solution that empowers financial institutions with cutting-edge software, expert services, and strategic business development resources. Additionally, we support borrowers by providing tailored business loans designed to fuel growth and success. With a focus on innovation and collaboration, CBS ensures seamless processes and enhanced opportunities for lenders and borrowers alike. At CBS, our goal is to set the standard for excellence in business lending. We strive to be the best — in our processes, in our service, and in the results, we help our clients achieve. We’re deeply committed to serving our partner credit unions and borrowers with integrity, precision, and a shared vision for sustainable growth. Join us on this journey as we continue to transform the future of commercial lending. Your Role in Our Success The Underwriting Administrative Assistant supports underwriters by organizing documentation, entering data, and ensuring application files are complete and compliant. This role helps streamline the review process, communicates with stakeholders, and assists with follow-ups, audits, and quality control tasks. Here’s how you will make an impact: • Provides essential support to underwriters and underwriting teams by managing administrative tasks that help ensure the efficient review and processing of loan, insurance, or credit applications. • Gathers, organizes, and reviews applicant documentation for completeness and accuracy. • Inputs data into underwriting systems and tracking application status throughout the review process. • Prepares files and reports for underwriting decisions and audits; communicating with internal departments, applicants, brokers, or agents to request missing information or clarify documentation. • Maintains up-to-date records in accordance with company policy and regulatory requirements. • Schedule meetings, preparing correspondence, and supporting document retention and compliance efforts; and assisting with quality control and follow-up tasks related to approvals, conditions, or denials. • Performs other related duties as assigned by management. Requirements: What You Bring to the Table • 1-3 years of administrative or clerical experience, preferably in a banking, mortgage, insurance, or financial services environment. • High school diploma or equivalent is required. • Associate’s or bachelor’s degree in business, finance, or a related field is preferred. The Perks of Being with Us At Cooperative Business Services, we believe in creating an environment where you can thrive both personally and professionally. Here’s what you can look forward to as a valued member of our team: • Compensation: Base compensation for this role ranges from $80,000 - $105,000. This role is also eligible for the Commercial Lender Incentive Program. • Cell Phone Reimbursement • Remote Work Environment • Generous Holidays: Take advantage of 13 paid holidays each year • Comprehensive Insurance Coverage: Choose from a selection of medical, dental, vision, and supplemental benefit plans to suit your needs. Additionally, the company provides company-paid Short-Term Disability (STD), Long-Term Disability (LTD), and life insurance equivalent to 1 time your salary. • 401(k) Plan: The company provides a generous matching contribution of up to 6%. • Tuition Assistance