Business Loan Administrator (II-III)

BNC National Bank - Mandan, ND

Full-time - Mid Level

Mandan, ND

Credit Intermediation and Related Activities

About the position

BNC National Bank is searching for an experienced Business Loan Administrator (II-III) to join our Commercial Lending Team in Bismarck/Mandan. Hiring level and salary is dependent on experience. As part of our Commercial Lending Team, you will provide assistance with the administration of our existing business loan portfolio. You will work closely with our Business Banking Officers in the loan closing process, serve as the ongoing point of contact for customers, and provide friendly and efficient customer service that builds our customer's trust and loyalty.

Responsibilities

• Provide assistance to the Business Banking Officers with the daily management and administration of their loan portfolios.
• Ensure compliance with all applicable bank policies, procedures and regulatory statutes.
• Effectively communicate with customers, accounting firms, participant banks, and other departments within BNC National Bank, as necessary.
• Input and retrieve data on the computer programs Xperience and LoanVantage.
• Perform due diligence required to successfully attach and perfect the Bank's security interest in pledged collateral.
• Record all legal documents, and follow-up on all required loan documentation following loan closing.
• Administer the existing commercial loan portfolio by collecting and reviewing customer financial information and monitoring tickler items.
• Assist department in post-closing file reviews.
• Assist the Business Banking Officers in managing construction projects.
• Complete construction draw requests, to include review of inspections, check invoices and lien waivers and communicate with customers, general contractors, and participating banks.
• Prepare Letters of Credit and/or amendments.
• Complete Pre-closing Reviews of loan closings that meet the specific requirements.
• Assist in the review of existing loan files for completeness and accuracy to prepare for internal & external audits.
• Assist the Business Banking Officers in the management of letter of credit files including preparation of Letters of Credit and/or amendments, calculation of fees, and preparation of monthly fee summaries for the customer and each participating bank.
• Complete real estate title work (O&E requests, attorney opinions, and title insurance).
• Assist the Business Banking Officers in reviews of periodic borrowing bases and monitoring of lines of credit.
• Assist Business Banking Officers in preparation of WAMs (Waiver, Amendment, Modifications) when requested.
• Assist Department Manager in training of staff and developing department procedures.

Requirements

• 5 - 10+ years' experience in Commercial Lending Loan Portfolio Administration is required.
• Extensive knowledge of depository products and treasury/cash management services.
• B.A. or B.S. in Business Administration, Accounting, Finance, or related field; relevant work experience in lieu of education requirements may be accepted.

Nice-to-haves

• Highly organized with a superior attention to detail and accuracy.
• Excellent verbal and written communication skills.
• Excellent interpersonal and customer service skills.
• High degree of professionalism to handle sensitive and confidential information.
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Strong strategic thinking skills.
• Ability to make decisions that affect other people, the financial resources, and/or the image and reputation of the bank.

Benefits

• Generous Paid Time Off (120 hours per year)
• Paid Sick Time (48 hours per year)
• Medical, Dental, and Vision Insurance
• Health Savings Account, including Employer Contribution *must meet eligibility requirements
• Flex Spending Account
• 401(k) w/Company Match
• Company-Paid Life and AD&D Insurance Policy
• Unum Supplemental Plans
• Employee Assistance Program
• FREE Gym Membership
• Paid Holidays
• Paid Volunteer Opportunities
• Paid Bereavement Leave