Loan Administrator - Palmerton, United States - First Northern Bank & Trust Co

Description

***Oversee daily activities of loan production which includes management of loan processing, documentation, management of loan operations, pre-closing/closing tasks, monitoring, and loan servicing. Develop and implement operational, servicing, or documentation procedures, methods, and work systems. Delegate work to loan department personnel. Provide guidance to associates within the loan department regarding documenting loans, compliance, policies, and procedures.

Assist the Chief Credit Officer and Commercial Lenders to complete tasks as assigned.

Administrator for Finastra LaserPro and assist loan personnel with LaserPro processing.


Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.


ESSENTIAL FUNCTIONS

• Supervise loan department personnel.
• Govern, utilize, and delegate work to loan department personnel to generate and produce loan documents.
• Prepare documents for closings to include commitment letters, extension letter and renewal letters.
• Review loan documents/agreements to ensure that they are complete and accurate before submitting to Lender for final approval.
• Stay well informed with regulatory lending changes.
• Work with and assist the Chief Credit Officer to complete tasks as assigned.
• Perform the necessary compliance and document related updates to the Bank's loan documentation software program (LaserPro).
• Train and educate loan personnel to use the LaserPro documentation program.
• Assist loan personnel with LaserPro issues and questions.
• Review monthly loan reports, (i.e. delinquency, exception, maturing, etc.) for discussion with Chief Credit Officer on status and follow up to close these exceptions.
• Assist Bank examiners and auditors as it relates to the credit department.
• Prepare monthly collateral pricing reports for loans secured by stock and marketable security accounts.
• Prepare monthly loan risk rating and concentration of credit report.
• Update the Loan Policy and Procedure Manual on an annual basis.
• Update the Lending Authority List as necessary.
• Train new employees within my loan administration department.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services, when applicable.
• Review and update loan files.
• Stay abreast of new types of loans and other financial services and products to better meet customers' needs.
• Handle customer complaints and take appropriate action to resolve them.
• Market bank products to individuals and firms, promoting bank services that may meet customers' needs.
• Set credit policies, credit lines, procedures and standards in conjunction with senior managers.
• Order property search and flood certifications, environmental reports, and prepare monthly rate modification reports to be submitted to board.

POSITION QUALIFICATIONS

Competency Statement(s)

• Accountability
• Ability to accept responsibility and account for his/her actions.

• Accurate

• Must have the ability to perform work accurately and thoroughly.

• Ambition

• The drive to achieve personal advancement.

• Analytical Skills

• Ability to use thinking and reasoning to solve a problem.

• Assertiveness

• Ability to act in a selfconfident manner to facilitate completion of work assignment or to defend a position or idea.

• Communications

• Oral ability to communicate effectively with others.

• Detail Oriented

• Ability to pay attention to the minute details of a project or task.

• Enthusiastic

• Ability to bring energy to the performance of a task.

• Leadership

• Ability to influence others to perform their jobs effectively and to be responsible for making decisions.

• Organized

• Processing the trait of being organized or following a systematic method.

SKILLS & ABILITIES

Education:
High School Graduate or General Education Degree (GED)


Experience:

Five years related experience preferred.


Computer Skills
Finastra LaserPro documentation system - Jack Henry Xperience-CIF 20/20 - Synergy Imaging System - Microsoft Outlook, Microsoft Word, Excel


Certificates & Licenses
Will be required to complete online banking training courses.


Other Requirements
Must have transportation to seek loans from potential customers.


Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Experience:

• Loan processing: 5 years (required)
• Management: 5 years (required)

Loan Operations: 5 years (preferred)


Ability to Commute:

• Palmerton, PA (required)

Work Location:
In person