Job Details

Job Summary

The Commercial Credit Administration Specialist is responsible for assisting the Chief Credit Officer in managing the entire credit process, including the approval of credit to borrowers, assessment of creditworthiness of potential customers, and credit review of existing customers. The Credit Administration Specialist is required to build and execute standard operating procedures in compliance with the Bank’s internal requirements and establish timely, accurate and relevant reporting.

Job Responsibilities

• Lead the administration and communication regarding:
• Credit department work-in-process backlog
• Monitor all loans in process, track and clear exceptions, review loan packages for completeness, and prepare loan closing packages
• Closed loans reporting
• Asset Quality/Watch List Reporting (Past-due, Non-accrual and Adverse Action tracking)
• Concentration Reports (Geography, Industry, and Large Customer)
• Bank’s customer data base (filing naming convention and maintenance)
• Manage third-party services including appraisals, title work, surveys, environmental and others as required including, ordering, monitoring and follow-up, and documenting.
• Complete required credit administration documentation as needed including:
• Prepare meeting minutes for Loan Committee, Asset Quality Committee, etc.
• Conduct Impairment Analysis
• Update and revise Credit Policies and Procedures
• Collaborate with Credit team and outside counsel as needed to prepare credit approval documents and manage onboarding process to ensure transactions are booked appropriately.
• Stay abreast of industry trends, as well as legislation and regulations that impact the business.
• Perform other duties, including:
• Assisting Relationship Managers complete Power Point presentations as a part of the credit approval process
• Prepare simple loan documents (via LaserPro)
• Resolve loan documentation exceptions working with Relationship Manager
• Provide oversight to financial statement tracking system and follow-up as needed to ensure compliance
• Conduct industry research in support of credit request and/or portfolio concentration
• Assist in the loan advance/construction draw request process

Job Requirements

• Bachelor’s Degree required in Business, Finance or related field
• ​2+ years of experience in commercial lending (either a production or credit role)
• Demonstrated credit acumen skills with the ability to understand as well as interpret financial statements and cash flow analysis
• Excellent interpersonal, verbal and written communication skills
• Knowledge of banking regulations and compliance requirements (e.g. Reg B, ECOA, HMDA, FIRREA, CRA, etc.