Regional Loan Administrator

Summary: Provides administrative support to commercial lenders servicing the market.

Essential Duties and Responsibilities include the following: Other duties may be assigned.

Provides administrative support, including phone support, correspondence preparation, and paperless file organization for commercial bankers located in Brighton.

Orders due diligence and investigative reports on all new loans, modifications and renewals

Assists in the completion of commercial loan applications forms (LAF) under $500,000 or support as needed and as requested by commercial loan officer / manager.

Works with documentation and credit departments / staff on timing and follow-up items for loan closings

Assists Portfolio Manager in monitoring the maturing loan report. Sends requests and follow-up correspondence to ensure timely renewals.

Prepares loan commitment letters and term sheets.

Processes loan payments, line of credit draw requests, line of credit pay downs

Processes FAST UCC (credit reports and UCC searches) requests

Assists commercial lending staff (and others as needed) in clearing loan exceptions

Process incoming and outgoing wires, loan proceed distribution, incoming checks and distributions, and updates internal account logs.

Provides back-up support for release of collateral (termination, discharges, other)

Follows up on insurance expirations and tracking

Follows up on past due financial information

Reviews loan files for upcoming audits to ensure all financial, insurance, property information, etc. is current.

Assists in business development efforts, preparation of marketing packages, correspondence with customers

Acts as recording secretary for any business development meetings and keeps minutes or notes of same.

Process cashier check requests.

Provides administrative support for each department as needed.

Performs special projects and assignments, or other duties, as requested.

SUPERVISORY RESPONSIBILITIES

This position has no supervisory responsibilities.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Associate's degree (A. A.) or equivalent from two-year college or technical school; or three to five years related experience and/or training; or equivalent combination of education and experience.

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs

REASONING ABILITY

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

CERTIFICATES, LICENSES, REGISTRATIONS

• BSA/AML: Overview
• Community Reinvestment Act
• Equal Credit Opportunity Act (Reg B)
• Extending Credit to Bank Insiders (Reg O)
• Fair Credit Reporting Act
• Fair Lending
• Flood Disaster Protection Act
• Home Mortgage Disclosure Act (HMDA)
• Office of Foreign Assets Control Regulation (OFAC)
• Privacy for Customer Contact Personnel
• Real Estate Settlement Procedures Act (RESPA)
• Serving Your Military Customer
• Regulation Z Overview (Truth in Lending)

PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit and talk or hear. Specific vision abilities required by this job include close vision.

WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)