Sr. Portfolio Administrator, Equipment Finance

Northwest Bank•Columbus, OH

3d•Onsite

About The Position

The Senior Portfolio Administrator, Equipment Finance is responsible for reviewing loan documentation to ensure accuracy and accordance with loan approval requirements, as well as monitoring and maintaining those requirements and clients' needs throughout the life of the relationship. This position will assist in facilitating loan closings in conjunction with and on behalf of the line of business professionals, jointly call on clients to stay apprised of business activity/performance, and serve as an additional point of contact. This position will also assist in the establishment of new initiatives and directives from a processes and procedures standpoint by coordinating and communicating with internal or external teams as appropriate, and maintaining those initiatives once in place.

Requirements

Bachelor's degree in business, finance or related
6-8 years of relevant experience in corporate finance lending and/or credit administration/underwriting

Responsibilities

Coordinate loan closings in conjunction with originators
Ensure all loan approval conditions have been met within required time frame
Perform a pre- and post-closing review of loan documents to ensure accuracy and completeness
Create borrowers and relationships in Abrigo and Moody's
Ensure accuracy of all data fields
Review and evaluate borrower financial information
Identify and escalate borrowers with declining financial performance
Ensure compliance with third party agencies and vendors
Act as a liaison with various departments including Commercial Loan Processing and Servicing Departments, Loan Review, Audit, and other departments as required
Comply with all corporate standards and audit-related matters in specific areas of responsibility
Remain current on all banking rules and regulations
Facilitate client service requests and provide exceptional client experience
Meet or exceed service level agreements
Provide recommendations for improvements to processes and procedures to improve efficiency and effectiveness
Establish increased productivity and profitability
Proactively identify and escalate declining financial performance/negative indicators within the loan portfolio on a timely basis
Ensure timely collection of all required financial information and post to SyndTrak and applicable Northwest Bank’s system(s)
Act as the first line of defense to recommend and process timely risk rating changes in conjunction with the line of business and Credit Management
Monitor loan management tracking reports and ensure timely action and escalation as warranted
Maintain and update Equipment Finance reports on a timely basis
Initiate and/or complete loan modifications not requiring full underwriting
Manage and maintain collateral requirements
Coordinate and assist with criticized loan reports as part of the Watch List program
Establish tailored processes and procedures for Equipment Finance as warranted
Support line of business expansion efforts
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment