PointBank · 19 hours ago
Collections Assistant / Credit Analyst
Pilot Point, TX
Full-time
Onsite
New Grad, Entry LevelPoint Bank is a financial institution seeking a Collections Assistant / Credit Analyst to promote and facilitate the sale of their products. The role involves gathering financial information, performing credit analysis, managing collections, and ensuring compliance with lending policies and regulations.
Financial Services
Responsibilities
Gather financial information and perform an analytical review and grading of new and existing loan relationships within the Bank's loan portfolio
Prepare presentations of financial information in a format that is conducive to loan policy and underwriting procedures in accordance with safe and sound bank practices and regulatory rules and laws
Spread financial statements and prepare financial analysis with grading for all loan presentations presented to the ELC, DLC, to assist loan review and as requested by Management
Perform loan monitoring, in accordance with the bank's lending policies
Determine compliance on loan relationships with loan policy, appropriateness of loan grade, and risk in the loan portfolio
Assist with managing, monitoring, and tracking the administrative process on collection activities pertaining to Charge off DDA/Loans and Foreclosures, including any outstanding judgements pertaining to those files
Assist Collections Officer with the following duties: Establishing repayment plans any outstanding overdrawn or charged-off loan accounts
Call delinquent loans and overdrawn checking accounts to establish a repayment plan
Monitor and report on recovery transaction repayment plans and take necessary actions when plans are not followed, including sending demand letters and other necessary actions for collection
Work with banks counsel to provide requested documents and information needed for legal matters
Monitor and manage the administrative processes for charging off on DDA and Loan accounts, judgments, bankruptcies, lawsuits and other legal matters pertaining to collection efforts
Monitor and manage the administrative processes for repossessing and foreclosing on collateral
Develop, recommend, and execute workout or liquidation plans including acquisition, management and sale of Repossessed Assets and OREO
Prepare OREO Board Reports and other reports as needed for monthly meetings
Track, report, and monitor monthly account reconciliations on assigned accounts including all expense and income related to foreclosed property, repossessed collateral, and legal judgments
Establish and monitor ticklers report to ensure proper tracking
Ensure that sufficient insurance coverage is in place on all OREO/Repossessed assets in a timely basis
Research loan documentation and other loan/DDA related issues on problem accounts
Responsible for analysis and production of credit analysis
Responsible for reviewing and ensuring the accuracy and completeness of loan analysis and summaries prepared by loan officers for presentation to the board
Perform assigned task in accordance with underwriting procedures
Perform regular financial analysis on pending loan requests to include: Spreads of borrower's balance sheets, income statements, and tax returns to facilitate credit analysis
Prepare cash flow and debt service analysis schedules to facilitate credit analysis
Identifies strengths and weaknesses associated with credit requests and subsequent analysis and make recommendations
Informs loan officer of: credit quality, information lacking to complete files, of any necessary financial history of deterioration, etc
Checks credit tracking for exceptions with financial data that is submitted and passes along information with loan request to loan processors to help create efficiencies
Approve loans under lending authority; recommend to committee for qualified commercial and consumer borrowers
Perform loan monitoring duties for the bank to include: Extraction of financial information from the bank's core processing systems
Location and extraction of loan documentation from the banks document-imaging system
Spread customers' balance sheets and income statements, review tax returns, and prepare cash flow and debt service analysis schedules
Review the customer's financial information
Track financial requirements on loan relationships and other covenants identified in credit approval/loan agreements
Identify and report on policy exceptions and guideline variations
Reports to Management on the appropriate risk associated with customer loan relationships
Assist in the determination that the risk in the loan portfolio is properly identified
Monitor loans in process for compliance with all applicable regulations
Perform review of daily cuts ensuring assigned bankers have completed their reviews and that changes made are in accordance with authority levels and established procedures/guidelines
Assist in the preparation of loan reports for Board Meetings and DLC meetings
Assist with training of new lenders and credit analysts
Assist Central Credit Administration and Management
Attend all meetings and complete all training required to ensure regulatory compliance
Comply with all applicable Federal and State regulations and guidance associated with the performance of your job function
Comply with all applicable BSA/AML/OFAC policies and procedures associated with the performance of your job function, including participation in required training and identifications of suspicious activity
Responsible for making suggestions to improve branch/departmental operations and overall bank
Perform other duties and assignments within the bank at Management's request; accept any cross-training as directed by Management, works in other branches if needed
Qualification
Required
Gather financial information and perform an analytical review and grading of new and existing loan relationships within the Bank's loan portfolio
Prepare presentations of financial information in a format that is conducive to loan policy and underwriting procedures in accordance with safe and sound bank practices and regulatory rules and laws
Spread financial statements and prepare financial analysis with grading for all loan presentations presented to the ELC, DLC, to assist loan review and as requested by Management
Perform loan monitoring, in accordance with the bank's lending policies
Determine compliance on loan relationships with loan policy, appropriateness of loan grade, and risk in the loan portfolio
Assist with managing, monitoring, and tracking the administrative process on collection activities pertaining to Charge off DDA/Loans and Foreclosures, including any outstanding judgements pertaining to those files
Establishing repayment plans any outstanding overdrawn or charged-off loan accounts
Call delinquent loans and overdrawn checking accounts to establish a repayment plan
Monitor and report on recovery transaction repayment plans and take necessary actions when plans are not followed, including sending demand letters and other necessary actions for collection
Work with banks counsel to provide requested documents and information needed for legal matters
Monitor and manage the administrative processes for charging off on DDA and Loan accounts, judgments, bankruptcies, lawsuits and other legal matters pertaining to collection efforts
Monitor and manage the administrative processes for repossessing and foreclosing on collateral
Develop, recommend, and execute workout or liquidation plans including acquisition, management and sale of Repossessed Assets and OREO
Prepare OREO Board Reports and other reports as needed for monthly meetings
Track, report, and monitor monthly account reconciliations on assigned accounts including all expense and income related to foreclosed property, repossessed collateral, and legal judgments
Establish and monitor ticklers report to ensure proper tracking
Ensure that sufficient insurance coverage is in place on all OREO/Repossessed assets in a timely basis
Research loan documentation and other loan/DDA related issues on problem accounts
Responsible for analysis and production of credit analysis
Responsible for reviewing and ensuring the accuracy and completeness of loan analysis and summaries prepared by loan officers for presentation to the board
Perform assigned task in accordance with underwriting procedures
Perform regular financial analysis on pending loan requests to include: Spreads of borrower's balance sheets, income statements, and tax returns to facilitate credit analysis
Prepare cash flow and debt service analysis schedules to facilitate credit analysis
Identifies strengths and weaknesses associated with credit requests and subsequent analysis and make recommendations
Informs loan officer of: credit quality, information lacking to complete files, of any necessary financial history of deterioration, etc
Checks credit tracking for exceptions with financial data that is submitted and passes along information with loan request to loan processors to help create efficiencies
Approve loans under lending authority; recommend to committee for qualified commercial and consumer borrowers
Perform loan monitoring duties for the bank to include: Extraction of financial information from the bank's core processing systems
Location and extraction of loan documentation from the banks document-imaging system
Spread customers' balance sheets and income statements, review tax returns, and prepare cash flow and debt service analysis schedules
Review the customer's financial information
Track financial requirements on loan relationships and other covenants identified in credit approval/loan agreements
Identify and report on policy exceptions and guideline variations
Reports to Management on the appropriate risk associated with customer loan relationships
Assist in the determination that the risk in the loan portfolio is properly identified
Monitor loans in process for compliance with all applicable regulations
Perform review of daily cuts ensuring assigned bankers have completed their reviews and that changes made are in accordance with authority levels and established procedures/guidelines
Assist in the preparation of loan reports for Board Meetings and DLC meetings
Assist with training of new lenders and credit analysts
Assist Central Credit Administration and Management
Attend all meetings and complete all training required to ensure regulatory compliance
Comply with all applicable Federal and State regulations and guidance associated with the performance of your job function
Comply with all applicable BSA/AML/OFAC policies and procedures associated with the performance of your job function, including participation in required training and identifications of suspicious activity
Responsible for making suggestions to improve branch/departmental operations and overall bank
Perform other duties and assignments within the bank at Management's request; accept any cross-training as directed by Management, works in other branches if needed
Company
PointBank
PointBank is a bank providing banking, wealth management, and investment services.
Founded in 1884
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase