196 - Credit Risk Monitoring - Credit Risk Monitoring Specialist I

First United Bank & Trust•Oakland, MD

1d•$15 - $29•Hybrid

About The Position

This role is responsible for performing various duties to support the construction, insurance claim, and floor plan administrative functions. Key responsibilities include tracking collateral, accurate and timely preparation of commercial loan documents, complying with operating policies and procedures, coordinating work within the department and with other departments, reporting pertinent information to the supervisor, and responding to inquiries. The position also involves administrative duties for approved appraiser and attorney lists, serving as backup to other specialists, and ensuring procedures are updated.

Requirements

A high school diploma, or equivalent relevant experience
Obtain and maintain appropriate Bank Product Knowledge Certification
Proficient reading, writing, grammar, and mathematics skills
Proficient interpersonal relations and communicative skills
Detail oriented
Ability to prioritize workload to meet deadlines
Proficient PC skills, including Microsoft Word, Excel, Power Point and Adobe/Nuance
Laser Pro
Visual and auditory skills
Valid driver’s license

Nice To Haves

Working knowledge of bank systems preferred
A minimum of one (1) year experience in related banking or finance positions preferred

Responsibilities

Performs administrative duties to support the consumer and commercial construction escrow function, including maintaining disbursement files, coordinating inspections, processing payments, ordering surveys, coordinating with Loan Operations, maintaining approved contractor and inspector lists, preparing disbursements for imaging, processing 1099 government reporting, and closing out escrow funds.
Performs various administrative duties to support the insurance claim function for both consumer and commercial loans, including tracking insurance claim proceeds, coordinating inspections, maintaining disbursement files, coordinating with Loan Operations, forwarding requests for review/approval, preparing disbursements for imaging, and processing 1099 government reporting.
Performs various duties to support the Commercial Documentation process, including accurate preparation of Commercial Loan Documents and following up for missing data.
Performs various administrative duties to support the floor plan monitoring function, including processing daily dealer transactions, assisting with vehicle invoices and sales/purchases, submitting FTM credit and debits for approval, and tracking loan-related collateral.
Performs administrative duties to support the Approved Appraiser List, including maintaining the list with annual updates and collecting required information from new appraisers.
Performs administrative duties to support the Approved Attorney List, including maintaining the list with annual updates and collecting required information from commercial teams.
Serves as backup to other Credit Risk Monitoring Specialist I as needed.
Ensures procedures are updated as needed for various duties in department.
Coordinates specific work tasks with other personnel within the department as well as with other departments to ensure the smooth and efficient flow of information.
Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements.
Reports pertinent information to the manager as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate bank personnel.
Assists with providing any requested information to bank consultants, regulators, and accountants.
Performs other related duties as assigned.