Executive Commercial Lending Assistant

Mountainone Bank • Rockland, MA

3d • $85,000 - $105,000

About The Position

Provides administrative support to the Senior Commercial Risk Officer and Commercial Relationship Managers and oversees the Commercial Lending Assistants on a daily basis. Assists in management of the Commercial Loan Portfolio, including customer service support to existing and potential customers, in concert with Commercial Lending team.

Requirements

• Have the ability to use general office equipment and proficient with Word, Excel, PowerPoint and Outlook.
• The ability to work in a fast paced office environment on a day to day basis.
• Ability to communicate effectively and work independently with specific job functions.
• Minimum of 5 years of experience in commercial loan administration.

Nice To Haves

• Bachelor’s Degree preferred, or equivalent work experience.

Responsibilities

• Provides administrative support to the Senior Commercial Risk Officer and Relationship Managers including: Primary internal and external contact in Senior Commercial Risk Officer absence; Preparation of monthly and quarterly portfolio reports for various meetings; Collecting Relationship Managers comments and action plans in preparation of monthly delinquency meetings; Preparation of the Approved Not Yet Closed and Monthly Pipeline Report for submission to Accounting; Monitor and track status of Commercial Loan Policy exceptions to ensure accurate monthly reporting to the Board of Directors; Assist Credit Administration and Relationship Managers with tracking and monitoring collection of financial statements including borrowing bases; Assembly of monthly board packages for Board of Directors Meetings.
• Oversees and monitors pre-closing activities relative to appraisals, environmental assessments and flood zone determinations to ensure complete required documentation is obtained for review; Co-ordinates loan closing process including documentation preparation for loans closed in-house; Completes a comprehensive review of documentation packages received for loans closed by outside counsel; Preparation and maintenance of documentation checklists; interacts with Attorneys to address issues and ensure timely closing; reviews closing packages for completeness; follows up on missing items;
• Oversee the Commercial Construction Loan Portfolio including assisting the Relationship Managers with: Ensure advance requests are prepared in accordance with loan approval; Ordering and reviewing site inspections; Ordering and reviewing title rundowns; Administrator of the Construction Management System software; Prepare software generated reports as requested.
• Oversees and monitors post-closing activities relative to review of final executing closing package, policy exception tracking and post-closing conditions and requirements to resolution by Relationship Manager; Perform functions related to the existing loan portfolio including internally prepared loan modification agreements and covenant waivers; Primary contact and facilitator of materials requested for internal and external audits; Prepare reports related to the pledged loan portfolios; Department liaison for all business line communications; Provide excellent customer service and work effectively in a team environment; Research analyze and respond with resolutions and/or recommendations to existing Commercial Lending borrowers; Assumes additional responsibilities as requested

What This Job Offers

• Job Type: Full-time
• Career Level: Executive