Credit Administrator II
About The Position
The Credit Administrator II possesses ability to serve in all operational functions (doc prep, loan administration, and audit) executed and overseen by the department. Supports commercial loan production teams through courteous, timely, and accurate preparation and review of loan documents. Gathers, compiles, and evaluates information, as well as obtains documents necessary for timely completion of a loan, up to and following closing. PRINCIPLE DUTIES AND RESPONSIBILTIES Works directly with the loan production officers and assistants to aid in facilitating loan closings. Responsible for verifying proper documentation required for underwriting. Prepares loan documents in accordance with the Bank’s credit policy and loan approval and in compliance with local, state, and federal regulatory requirements. Reviews centrally prepared loan documents prior to closing for accuracy, completeness, and compliance with local, state, and federal regulatory requirements, and the Bank’s credit policy. Identifies, tracks, and communicates loan exceptions, as needed. Loads loan to the core system once signed. Scans and maintains the signed closing documents and all related file documentation. Perfects collateral. Accepts and posts loan payments. Provides payoffs and release collateral on paid off loans within the regulatory timeline. Maintains escrow payments and annual analysis. Responds to and assists customers with questions on their existing loans. Performs other duties as assigned.
Requirements
- Bachelor's degree in Business Administration, Finance, or related field, or minimum 5 years’ equivalent work experience, required.
- 3-5 years’ experience in financial institution producing commercial, agriculture, consumer, and mortgage lending, required.
- Extensive administrative or professional experience in a relevant field that provides the background and experience necessary to guide the Bank’s commercial lending portfolio servicing activities in a financially safe and sound manner.
- Thorough knowledge of commercial, agriculture, mortgage, and consumer lending practices.
- Thorough understanding of loan documentation criteria and business objectives.
- Ability to read, comprehend, and evaluate detailed and complex loan documents.
Responsibilities
- Works directly with the loan production officers and assistants to aid in facilitating loan closings.
- Responsible for verifying proper documentation required for underwriting.
- Prepares loan documents in accordance with the Bank’s credit policy and loan approval and in compliance with local, state, and federal regulatory requirements.
- Reviews centrally prepared loan documents prior to closing for accuracy, completeness, and compliance with local, state, and federal regulatory requirements, and the Bank’s credit policy.
- Identifies, tracks, and communicates loan exceptions, as needed.
- Loads loan to the core system once signed.
- Scans and maintains the signed closing documents and all related file documentation.
- Perfects collateral.
- Accepts and posts loan payments.
- Provides payoffs and release collateral on paid off loans within the regulatory timeline.
- Maintains escrow payments and annual analysis.
- Responds to and assists customers with questions on their existing loans.
- Performs other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
101-250 employees
