OSF Servicing Account Manager II

First Financial Bank • Indianapolis, IN

82d

About The Position

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written! If you are interested and qualified for this role, we invite you to apply.

Requirements

• Requires at least 2-5 years of Servicing Department or Insurance, CPA, RIA, Franchise, Legal and banking related field.
• Proficiency in mathematical concepts.
• Knowledge of basic accounting principles and techniques.
• Satisfactory interpersonal and communication skills.
• Proficient in Microsoft Products and various in-house software for loan administration.
• Time management skills.
• Detail-oriented and able to research to find answers.
• Bachelor's degree, or comparable business experience preferred.

Responsibilities

• Manage a portfolio of commercial lending loans, ranging between 30 to 80 loans from $25K to $35mm in loan size.
• Collect and analyze financial statements and tax returns, commission statements and any other documents that support collateral, risk assessment, and detailed review of loans.
• Maintain ongoing communication with all appropriate Sales, Underwriting, and Legal staff on the status of loans.
• Understand, analyze, and communicate verbally regarding loan collateral and related contracts.
• Evaluate performance each month on assigned portfolio to ensure compliance with loan model and guidelines.
• Review and assist management with audits.
• Perform financial analysis as well as compliance, performance, and cash flow assessments.
• Provide analysis results and Month End reporting package to Management.
• Independently monitor and service multiple loans with little supervision.
• Review UCC filings for UCC perfection to ensure collateral is protected.
• Perform Pre-Close introduction calls before loan funding explaining post close requirements.
• Work and communicate directly with borrowers to monitor and manage their loan portfolio.
• Ensure all cash collateral accounts are sufficiently funded and reconciled daily.
• Review and process CCA releases per Loan Document requirements.
• Utilize financial software tools to prepare, import and analyze policy level detail.
• Complete checklist requirements for Funding, New Loan review, Amendments and Payoffs.
• Responsible for creation, follow up, and updating Tracking Rules associated with Account Managers' portfolios.
• Perform various functions on the Online banking system.
• Work and communicate with the Legal/Collection department to ensure defaults are cured.
• Provide recommendations for refinances, interest only extensions, and amendments.
• Create/develop efficiencies within the Servicing Department.
• Generate and process daily bank imports into Bridge.
• Mentor, train, and guide Account Manager I's as needed.

Benefits

• Relevant, thoughtful benefits and programs that support every aspect of associates' holistic wellbeing.
• Incentive eligibility for all roles except Co-Op, Intern, or Student positions.

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees