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American Commercial Bank & Trust · 1 day ago

Commercial Loan Quality Control Specialist

701 La Salle Street, Ottawa, IL, USA

Full-time

Onsite

Entry Level

$18/hr - $22/hr

2+ years exp

American Commercial Bank & Trust is currently seeking candidates for a FT Commercial Loan Quality Control Specialist for our downtown Ottawa Main branch office. This role involves reviewing closed loan documentation, ensuring compliance with regulations, and maintaining the accuracy of bank documentation.

BankingFinanceFinancial Services

Responsibilities

Review of closed loan documentation to ensure the bank maintains a healthy loan portfolio with respect to compliance with state and federal laws, rules, regulations and sound lending policies

Review covenant submissions for accuracy

Assist in collateral tracking and updating

Reviews System reports for accuracy

Follows up on quality control document submission, and clearly communicates any issues or discrepancies found during the quality review for correction

Aids in exception reporting

Assists in taking Commercial Loan servicing/customer service calls

Follows all Bank policies and procedures, while exercising good judgement

Performs Operating system checkback

Other duties, tasks and projects as assigned

Qualification

Commercial loan experienceQuality control reviewRegulatory compliance knowledgeAnalytical skillsAttention to detailMicrosoft ExcelPositive communicationTeamworkOrganizational skillsProblem solving

Required

High School diploma or equivalent

2-3 years prior experience with commercial loans (QC file review, loan documentation, collateral tracking, or commercial loan servicing) is helpful and preferred, but will consider other banking experience, along with a strong attention to detail, excellent research skills, and good organizational skills

Positive communication and relationship building skills within the commercial operations group and with others throughout the bank

Desire to grow knowledge of commercial loan documentation, collateral and staying abreast of compliance and regulatory updates

Conduct daily business and make decisions consistent with the Bank's ethical standards and within the bank's lending policies

Take ownership of all position responsibilities and pro-actively seek to resolve issues both independently and with the assistance of fellow team members

Promote teamwork within the department and bank, understanding the ultimate goal of internal customer satisfaction and diligence in ensuring a sound loan portfolio, and not individual accomplishments

Strong Analytical Skills, attention to detail and objective problem solver

Technologically savvy and proficient in Microsoft Excel