Become a part of our history as it continues to be written. Manage a portfolio of commercial lending loans, ranging between 30 to 80 loans from $25K to $35mm in loan size. Collect and analyze financial statements and tax returns, commission statements, and other documents to support collateral, risk assessment, and detailed review of loans.
Requirements
- Manage a portfolio of commercial lending loans
- Collect and analyze financial statements and tax returns
- Maintain ongoing communication with Sales, Underwriting, and Legal staff
- Understand, analyze, and communicate verbally regarding loan collateral and related contracts
- Evaluate performance each month on assigned portfolio
- Review and help management with audits (including Fed)
- Provide analysis results and Month End reporting package to Management
- Ability to independently monitor and service multiple loans at a time
- Review UCC filings for UCC perfection
- Perform Pre-Close introduction calls before loan funding
- Work and communicate directly with borrowers to monitor and manage their loan portfolio
- Work and communicate directly with Management and Underwriting Team on covenant requirements
- Ensure all cash collateral accounts are sufficiently funded and reconciled daily
- Communicate with customer to understand if cash is missing and work with customer to get loan back in compliance with legal documents
- Review and process CCA releases per Loan Document requirements to borrowers daily
- Utilize financial software tools to prepare, import and analyze policy level detail for RIA, CPA, INS, ENG, CAR, and FRA collateral
- Complete checklist requirements for Funding, New Loan review, Amendments and Payoff's associated with Account Managers assigned portfolio
- Responsible for creation, follow up, and updating Tracking Rules associated with Account Managers assigned portfolio
- Ability to perform various functions on the Online banking system
- Work and communicate with the Legal/Collection department to ensure defaults are cured within guidelines
- Work and communicate with Underwriting/Sales Team to provide recommendations for refinances, interest only extensions, and amendments
- Work and communicate with Sales and Underwriting Teams to increase efficiencies through improved processes
- Responsible for creating/developing efficiencies within the Servicing Department
- Responsible for Funding all loan types
- Generate and process daily bank imports into Bridge
Benefits
- Relevant, thoughtful benefits and programs that support every aspect of our associates' holistic wellbeing
- Incentive Eligibility for all roles (except Co-Op, Intern, or Student positions)
