Apply on Employer Site

Penn Community Bank · 2 days ago

Senior Commercial Loan Administrator

Perkasie, PA

Full-time

Onsite

Mid, Senior Level

3+ years exp

Penn Community Bank is seeking a Senior Commercial Loan Administrator to assist Relationship Managers throughout the loan process. The role involves managing customer interactions, organizing loan documentation, and ensuring compliance with regulatory requirements.

AssociationBankingCommunitiesFinancial Services

Responsibilities

Assist 1-3 Relationships Managers during loan request/underwriting/approval/closing process, including obtaining required credit-related information; Order credit reports, property searches, and other due diligence items as necessary; Prepare commitment letters; Create credit files; Assist in ordering loan documents (either internally or through outside counsel); Review loan documents for conformance to loan approval documents

Manage the process of obtaining financial information from existing borrowers, monitor receipt of same throughout the year and ensure information received is properly filed

Upon receipt of financial information, assist Relationship Managers with completing annual reviews and addressing loan maturities by obtaining required credit information, including ordering credit reports, property searches, and other due diligence items as necessary

Act as initial contact person for customers; Identify needs and answer questions to the extent possible; Assist in resolving customer service related issues by working with personnel in other departments and presenting the final resolution to the customer

Address customer operational issues and questions properly; Handle advances, pay downs, internal transfers, wire transfers, and send e-mail messages regarding these transactions to customers

Organize and maintain file system (including credit files) by composing routine correspondence, making copies of correspondence and other materials, and attaching/filing correspondence and other records to appropriate loan files as necessary

Prepare electronic loan documentation as well as paper credit files

Monitor the collection and recording of fees; Coordinate with lenders the resolutions of exceptions

Compile and prepare statistical reports (e.g. loan tracking reports, fee income report)

Act as liaison with other internal departments, regulators, loan review, and outside vendors to ensure that information received is provided in a timely manner

Distribute incoming mail; prepare outgoing mail and correspondence, including e-mail and faxes

Coordinate and arrange meetings, prepare agendas, reserve and prepare facilities for meetings; Assist as a back-up for recording and transcribing minutes of Loan Committee meetings as necessary

Assist as needed as a back-up in preparing and completing loan documents using LaserPro documentation and ensure that all documents comply with the terms and conditions in the approved underwriting memorandums

Compile statistical reports for CRA tracking as needed

Maintain supplies and arrange for equipment maintenance as needed

Qualification

Commercial loan documentsCommercial lending productsDocument imaging systemMicrosoft ExcelMicrosoft WordMicrosoft PowerPointCustomer serviceNotary publicTime management