Loan Funding Specialist, Credit, South Bend, IN (On-Site)

1st Source Bank•South Bend, IN

9h•Onsite

About The Position

Responsible for reviewing loan transactions/funding requests for customers of the Auto Rental, Auto Lease, Trucking & Truck Lease divisions that require independent, discretionary judgment for proper approval and adherence to loan policy guidelines and regulations. In addition, could be responsible for aiding in financial statement spreading and credit compliance monitoring.

Requirements

Good PC skills--proficiency in Microsoft Word and Excel essential.
Problem solving skills.
Self-motivated; ability to work independently.
Good written and verbal communication skills.
High degree of attention to detail.
Regular and predictable attendance is an essential requirement of the position.
Must understand all applicable laws and regulations that apply to the position and comply with the requirements.

Nice To Haves

One (1) - two (2) years of accounting or finance experience preferred.
nCino workflow experience is preferred.
Ability to travel locally as needed for meetings, projects, seminars, etc.

Responsibilities

Works independently to review loan transactions/funding requests for current clients for proper approval and adherence to loan policy guidelines and regulations and communicates approvals to Loan Operations via bank software.
Communicates with various departments including Sales and Operations regarding funding requests that may not fit with within policy guidelines to structure them in accordance with the policy guidelines.
Performs collateral evaluations on an as needed basis.
Prepares financial spreads utilizing financial statement software.
Assists senior credit analyst with regional/division workflow.
Responsible for Credit Compliance monitoring.
Makes recommendations to management after evaluating different courses of action and offers suggestions on a regular basis about how procedures should change (eg. to make them more efficient or to comply with changing regulations).
Responsible for the completion of all compliance training related to the position.
Must understand all applicable laws and regulations that apply to the position and comply with the requirements.
Performs all other duties as assigned.