Loan Associate Ii - Clinton, United States - Unity Bank

Unity Bank

Verified Company

Clinton, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Position Summary:
Responsible for performing various tasks associated with the servicing of the Commercial, Consumer and SBA loans.

This includes the servicing from the time the loan is boarded on the servicing system thorough the payoff and collateral release phase.

Cross train on the various processes in servicing the loan and be able to provide backup support as needed.

Essential Functions

Boards and reviews new loans to the Fiserv loan servicing system to ensure data integrity.
Records collateral liens for the Consumer Loans product.
Complete loan administrative tasks including creating payoff letters, completing mortgage satisfactions, filing, and performing loan file maintenance as requested.
Perform variety of loan transactions including payments, payoffs, loan disbursements, transfers, etc.
Release liens upon the closing of a loan.
Processes approved loan deferments and modifications.
Prepare and perform changes to loan rate indices on the servicing system.
Processes approved requests to place accounts in nonaccrual and or charge off status.
Track initial escrows for mortgage loans and remit funds to Loan Care.
Maintain documentation and prepare reports for participated loans and/or loans serviced for third parties.
Provides backup to the Escrow team in escrow analysis and disbursements.
Prepares collateral files for residential loans.
Address inquiries and research requests from customers and internal staff and follow through on appropriate resolutions.
Scans and index files into Fiserv Director.
Reviews credit file images to ensure all pertinent documents have been scanned and indexed accurately.
Reviews documents in active loan files to ensure all pertinent collateral information is accurately reflected in Navigator.
Manages the review and monitoring of tracked insurance, including Hazard Builders Risk, Hazard and Flood Insurance by working with third party vendor, contacting insurance agents and customers to obtain uptodate insurance as necessary.

Additional Functions

Assist in training new employees
Assist the loan servicing team with special projects
Provides backup to other team members as needed
Assist management with providing internal and external auditors, with gathering files and additional documentation as requested

Education and Experience

Bachelor's degree in business preferred.

years' experience in a financial institution.

Experience with lending and loan servicing functions of the bank.

years' experience of loan products and services.

Knowledge, Skills, and Abilities

Excellent computer skills in a MS Word Suite.
Excellent oral and written communication skills.
Ability to read, analyze, and interpret legal documents, governmental regulations, and professional publications.
Ability to effectively present information and respond to inquiries from senior management, attorneys, vendors, government agents, and the general public.
Ability to write reports and business correspondence.
Ability to speak and write clearly to effectively convey information so that others understand and as appropriate for the needs of the audience.
Ability to work independently.

Physical Requirements

Ability to sit for long periods of time.

Working Conditions

Moderate sound as in business office with office machines, computers, and people traffic.

Compliance

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

THIS JOB DESCRIPTION IS NOT AN EMPLOYMENT AGREEMENT OR CONTRACT, IMPLIED OR OTHERWISE. UNITY BANK MAINTAINS "AT WILL" EMPLOYMENT.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload._
Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran