Business Banking Administrator

Burke & Herbert Bank & Trust•Alexandria, VA

2d•Onsite

About The Position

Supports Business Banking Officers in the origination of new loans and management of credit portfolios. This position will perform a variety of customer service and administrative functions necessary to support the relationship management of the business banking portfolios.

Requirements

Understand applicable legal and regulatory matters directly related to loan documentation and lien perfection.
Microsoft Office experience required, including Word, Excel, and Outlook.
Excellent customer service skills required.
High level of professionalism in written and verbal communication.
At least one year of prior loan documentation experience required.

Nice To Haves

Associate’s Degree or additional equivalent related work experience preferred.

Responsibilities

Enter and complete loan data in Loan Vantage commercial system
Assemble and verify accuracy of loan documents by using a checklist.
Ensure loan files contain the applicable forms, documentation, proper signatures, dates and other relevant information by using a checklist.
Responsible for disbursement of loan proceeds before file is sent to Loan Processing. Send payoffs to the appropriate location – cut checks for attorney, appraiser, etc., - Prepare all tickets and record on the boarding sheet.
Work directly with settlement companies, attorneys, appraisers, environmental companies, etc. as part of the loan origination process.
Process loan wires through the wire workflow system.
Scan/Index all loan items, loans, extensions, correspondence, appraisals, etc. into loan file.
Forward all applicable original loan documents for storage in the collateral vault.
Forward the loan file to the Loan Processing Department by set guidelines.
Provide administrative assistance to the Loan Officer. Take and relay messages, schedule and maintain the Loan Officer’s appointments/meetings, answer routine inquiries, and exchange factual information.
Perform various clerical duties including filing, faxing, photocopying and word processing.
Prepare a variety of letters and forms utilized within the Loan Department.
Maintain regular contact with bank customers, community partners and other outside sources to obtain necessary information.
Resolve customer problems and follow up on details to resolve the matter.
Review the status of pending loans and follow-up for timely completion.
Review tracking reports to ensure errors are resolved in a timely manner and in accordance with policy and procedures.
Work with Loan Review department to ensure exceptions are resolved timely.
Stay abreast of current developments in Loan Policy and procedures through reading, research and formal education.
Other duties as assigned