R Bank · 2 weeks ago
Commercial Loan Administration Specialist
R Bank is a locally owned bank that values relationships and community. They are seeking a detail-oriented Loan Administration Specialist to provide support to the lending team by performing quality assurance reviews, loan file maintenance, and ensuring compliance with laws and internal policies.
BankingFinanceFinancial ServicesLending
Responsibilities
Emulate R Bank Core Values
Perform Quality Assurance Reviews on loan packages including proper approval authority, entity documentation, promissory notes, security instruments, loan agreements, lien instruments, title commitments/real property searches, appraisals, contracts, UCC searches, insurance policies, surveys, and environmental reports
Review customer loan files for appropriate verification as required by R Bank policy
Perform loan file maintenance including billing corrections, payment schedules, reversal entries, waived late charges, interest adjustments and payment extensions
Help to ensure loans are compliant with all laws, regulations, and internal policies
Communicate with loan officers and loan assistants to obtain necessary information for loan processing and exceptions
Assist in monitoring exception reports to clear exceptions in a timely manner
Review for accuracy all new and renewed loans on the Core Processing System
Administration of promissory notes, titles, and recorded documents
Process and mail paid notes and coordinate collateral release for paid loans
Review executed loan documents on all files for completeness and approve for funding
Prepare Commercial, Agriculture and Consumer loan documents in Laser Pro
Board new loans and renewals onto the Core Processing System
Upon request, perform periodic detailed reviews of general ledger accounts
Complete required BSA / AML training, adhere to BSA / AML requirements and R Bank policy, and report any abnormal loan activity on high risk customers
Other duties as assigned
Qualification
Required
High school graduate or equivalent
Minimum 12 months of commercial lending experience required that includes processing, closing, perfecting liens, etc
Ability to exhibit a warm, friendly, approachable personal style and deal effectively with the customers' or visitors' questions
Detail oriented, quality focused, flexible and able to adapt to change
Ability to effectively organize workload and meet timelines
Must demonstrate professionalism in dealing with customers, managers, and co-workers
Ability to maintain composure under pressure
Ability to answer telephones in a professional, friendly and courteous manner
Ability to speak in a clear and understandable manner and write legibly
Ability to read, understand and carry out verbal and written instructions and to request clarification when needed
Ability to work efficiently and accurately in an atmosphere of frequent interruption
Proficient in arithmetic, bank practices and procedures, and departmental rules and regulations
Ability to be self-motivated person with an outgoing and pleasant personality
Excellent typing and work processing skills. Ten-key calculator, typewriter and keyboard skills. Familiarity with loan origination software, word processing, database management and Internet based software programs
Branch banking: 1 year (Required)
Commercial lending, processing, closing: 1 year (Required)
Ability to relocate to Round Rock, TX 78665 before starting work (Required)
Preferred
Preferred, but not required, two or four year college degree
Minimum of 12 months of branch banking experience including a general knowledge of branch operations preferred but not required
Benefits
401(k)
401(k) matching
Dental insurance
Employee assistance program
Health insurance
Health savings account
Life insurance
Paid time off
Tuition reimbursement
Vision insurance