Senior Commercial Lending Administrator - C&I

Provident Bank • Plymouth Mtng, PA

244d

About The Position

This position performs a variety of tasks within the Commercial Lending Department. The incumbent may be required to verify insurance requirements, manage files and work with the Loan Origination System and Vision Content. Orders appraisals, creates working files for new deals and works with the Portfolio Managers and Relationship Managers for closing loan requirements.

Requirements

• Minimum 7 years' experience commensurate with job function
• Knowledge of lending products, retail banking and bank policies
• Excellent interpersonal verbal communication skills
• Attention to detail
• Ability to define problems, collect data, establish facts and draw valid conclusions
• Ability to prioritize multiple projects and complete them on time
• Ability to interpret a variety of instructions, communicate them to others and establish controls to evaluate that these instructions are followed
• Ability to work with a wide variety of personalities in a courteous and efficient manner
• Proper understanding of lending concepts, principles and procedures

Nice To Haves

• High School Diploma preferred

Responsibilities

• Creating reports and ordering documents/reports related to the loans including but not limited to: Appraisals, Environmental reports, Field Exams, Property Condition Reports, Plans & Cost, New Money/ Fee Report, Pending extension report, Quarterly Credit Score report, Semi Annual and Quarterly Pending Financial, Financial Covenant Report, Annual Review Report, Borrowing Base Report
• Receive, prepare, and track checks
• Receive, prepare, and track invoices on outstanding bills
• Request additional funds to cover outstanding bills
• Prepare loan closing sheets to track checks received, reports ordered, invoices to be paid, pre closing items
• Set up accounts with Retail Deposit Support
• Scan financial covenants into system, update trackers, set up ticklers, prepare customer letter
• Oversee Ardmore Audit and work directly with Portfolio Managers, Lenders, and Auditors
• Set up new customers/loans in Vision Content
• Enter financials for new and existing deals
• Enter appraisals, environmental and field exams in Vision Content
• Set up new customers in Loan Origination System (LOS)
• Set up ticklers for financial requirements, annual reviews, covenant testing, insurance etc.
• Set up ticklers for default letters, covenant letters and post-closing
• Follow up on any ticklers that are generated
• Coordinate with Commercial Credit Underwriting on loan packages
• Follow up on approvals from Department Heads, Team Leader, Credit Committee and update system
• Request files for existing deals from file room and New deals from PM/Relationship Manager
• Verify insurance is current on all existing deals
• Review approval for Pre Closing requirements
• Receive monthly signed Borrowing Bases from PM and verify they are in compliance
• Receive monthly Brokerage accounts that are being used as collateral
• Complete compliance trackers, application, review ticklers, Complete Verafin
• Back up other CLA's when necessary
• Provide mentorship to other CLA's
• Other ad hoc duties and projects as required

Benefits

• Equal opportunity employer
• Support for creating a socially and culturally diverse employee base

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED