Apply on Employer Site

UMB Bank · 1 week ago

Portfolio Administrator-Real Estate Group

St Louis, MO

Full-time

Onsite

Entry Level

$45K/yr - $87K/yr

1+ years exp

UMB Bank is a financial institution seeking a Portfolio Administrator for their Real Estate Group. This role involves assisting lenders in analyzing loan opportunities and managing portfolios, including underwriting, risk management, and customer service.

BankingFinanceFinancial Services

Responsibilities

Assist Real Estate Group (REG) Lenders in the analysis of new REG loan opportunities and Portfolio Managers (Levels 1, 2 & Sr) in various REG portfolio management activities

Partner with Relationship and Portfolio Managers to effectively administer the underwriting and risk management of a variety of REG loan relationships

Request financials from Borrowers and clear associated ticklers

Monitor and document covenant compliance in Capital Stream

Work within protocols and maintain tracking of documentation exceptions, past dues, and covenant exceptions

Create finance request and upload incoming loan applications and related loan documents to Capital Stream

Assure applications are complete

For incomplete applications, communicate with UMB sales associate to collect missing loan application checklist items

Forward complete applications to underwriting

Manage Group Mailbox inquiries and respond in timely fashion

Assist in monitoring and collection of past due loan payments

Complete financial spreads upon receipt in Moody’s; inform Portfolio Manager when covenant test is ready to complete

Assist in spreading for all regions as requested

Review loan documentation prior to closing for discrepancies from the original approval, communicate any discrepancies and input covenants into Capital Stream after closing, and deactivate covenants as loans pay off

Write approval memos should changes to reporting requirements be necessary after loan closing

Provide recurring customer service to existing and prospective clients, which may include direct contact with customers either through participation in joint sales calls with loan officers or direct correspondence with clients and perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all times

Assist as needed with appraisal service requests and environmental requests and coordinate with appropriate parties throughout the appraisal and environmental process

Pull Thomson Reuters reports, create customers and requests in Capital Stream, assist in closing process, assist in setting up ShareFile for customers and download/organize documents when requested by REG lenders, Portfolio Managers, the REG Portfolio Administration Manager or the REG regional manager

Other duties as assigned

Qualification

Credit underwritingFinancial analysisCommercial lending softwareBank operations knowledgeExcelLoan documentsWordPowerPointCommunication skillsSelf-starter