Stock Loan Manager manages the stock loan application process and ensures that all loans are in compliance with federal regulations. Develops new business prospects and maintains existing relationships to increase sales and services. Being a Stock Loan Manager assesses probability of future business when completing a stock loan for another firm. Requires a bachelor's degree in area of specialty. Additionally, Stock Loan Manager typically reports to a director. The Stock Loan Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Stock Loan Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Responsibilities include, but are not limited to :
Reviews Commercial Loan Data Sheets and Credit Department write ups when Commercial loan request is received from branch.
Verifies all information has been accurately provided to create loan processor file.
Reviews loan files for completeness and accuracy. Delivers loan documentation to loan officer and / or branch support personnel.
Qualifications Education :
High School diploma or equivalent, Associates preferred.
Experience :
1 years banking, clerical or loan processing experience preferred.
Skills :
Last updated : 2024-04-06
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