Loan Operations Administrator Iii - Fairfax, United States - FVCBANK

FVCBANK

Verified Company

Fairfax, United States

4 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

FVCbank

Loan Operations Administrator III

Title:
Loan Operations Administrator III

Department(s): Loan Operations

Reports to:
SVP Loan Operations

Job Summary:
Provide operational support to Loan Operations.

Ensure all new loans and Change in Terms are booked timely and accurately, and provide general support to loan servicing/operations.

Essential Job Functions

Books new loans, renewals, extensions and change in terms to the Bank's core system timely and in compliance with the department's SOX requirements. Ensures critical codes and data such as product, purpose, call, risk rate, interest/index/floor rate, rate rounding, payment schedule and collateral are entered timely and accurately, and that Sageworks workflow is updated in a timely manner. Ensures that all new loans, renewals, extensions, and change in terms settled and funded on the last business day of each month are booked to the Bank's core system before the end of that business day.
Provides excellent customer service in accordance with the Bank's vision.
Converts construction loans to stabilized (permanent phase), nonstabilized and held for sale categories, prior to end of month. Processes other file maintenance functions such as Risk Rate (RR) and Borrowing Base Certificate (BBC) updates.
Files UCC Continuations timely with the Bank's thirdparty vendor and ensures the Bank's core system is updated for ongoing monitoring.
Flags loans as FHLB/FRB eligible, CRA/CD, HMDA/1071 timely and accurately.
Scans new loan files, loan maintenance documents and other loan documents appropriately to M-Files, and in a timely manner.
Removes paid off loans from the Tax and Flood monitoring services.
Assists the Loan Servicing Team with maintaining a current status with processing daily requests such as loan advances, payments, payoff transactions and payoff statements. Processes SOFI, BOA and other incoming remittance transactions.
Assists with audit and examination processes for Loan Operations and Loan Servicing areas.
Assists with ensuring departmental processes and procedures are kept current, effective and efficient. Makes suggestions for improvement.
Other duties as assigned.
Job Requirements_

years of direct work experience in bank loan operations.

Knowledgeable in Bank regulations and knowledge and experience in SOX controlled environment.
Knowledge of FIS Horizon XE and Sageworks preferred, Microsoft Word and Excel, and adaptability to other software programs.
Ability to work well independently and collaboratively with Teams and interact effectively with all levels of Bank personnel and outside contacts.
Ability to multitask and handle shifting priorities.
Detailoriented with excellent organizational skills.
Ability to write and communicate in a clear, concise, courteous, and professional manner.
Essential Functions_
Ability to sit, stand, kneel, and bend for extended periods of time
Must be able to operate a computer keyboard, mouse, and other computer components
Ability to converse and exchange information with customers and all levels of staff within the organization
Ability to observe, perceive, and identify data
Ability to travel via air, rail, automobile, and/or bus
Disclaimer_
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed._
We are an Affirmative Action/EEO Employer. We do not discriminate on the basis of race, color, religion, national origin, physical or mental disability, protected veteran status, sex, gender identity, sexual orientation or any other characteristic protected by federal, state or local law._