Ephrata National Bank · 18 hours ago
Commercial Relationship Specialist I
Ephrata Corporate Office, Ephrata, PA, US
Full-time
Onsite
Entry Level
$18.48/hr - $24.44/hr
1+ years expEphrata National Bank is a financial institution seeking a Commercial Relationship Specialist I to support their Commercial Lending Department. The role involves assisting Relationship Managers in the loan workflow process, managing customer files, and ensuring compliance with lending policies and regulations.
FinanceBankingProperty & Casualty InsuranceFinancial ServicesInsurance
Responsibilities
Understand all relevant bank lending policies, procedures and regulations and perform duties in such a way as to maintain compliance with stated standards and/or acts
Set up, manage and provide ongoing maintenance to electronic customer files
Under general direction monitor application pipeline for compliance with applicable regulations, including Reg B
Actively collaborate with Relationship Managers, Credit Operations, Credit Analysts and Credit Underwriters to transition loans from application to closure
Actively participate throughout the loan workflow process by entering new loan requests in loan origination system, submitting new loan requests for analysis, conducting research on borrower, guarantor and collateral, provide applicable disclosures and complete due diligence based on loan structure and collateral
Prepare the loan for credit action, set up client credit files and submit the credit for underwriting. Maintain client credit files throughout the process
Complete the loan closing process, with guidance from the Relationship Manager, ensuring that all conditions of loan approval are satisfied and documented prior to closing and funding of the loan. Assumes ownership of preparing the commitment documentation, working with the CRM on presenting the offer, clearing of conditions to close and coordinating the loan documentation package
Under general direction initiate and maintain communication with appropriate stakeholder to the loan closing process, including attorneys, accountants, closing agents, insurance agents, realtors, and borrowers
Under general direction schedule loan closings and coordinate with Pre-closing
Order and print loan documents, disburse loan proceeds, close out workflow, add to tracking spreadsheet before forwarding to Post-Close for booking
Complete the process for adverse/withdrawn loans
Under general direction assist customers with questions, payments, advances and loan inquiries
Prepare financial request letters. Process, track and update ticklers for financials and covenants
Register with PAN to be a notary for loan documents/closings
Prepare documents in Word and Excel as requested
Support the achievement of lending department KPIs for loan volume and quality of processing: 1. One business day from application hitting queue through submission to credit; 2. Accurate completion of submission to credit (monitored by errors and completion of package); and 3. Error rate on loans closed
Perform other duties needed to help drive to our Vision, fulfill our Mission, and abide by our Organization’s Values
Qualification
Required
High school diploma or GED required
1-2 years relevant banking experience
Strong understanding of MS Office (Word and Excel)
Sound judgment and problem solving abilities
Very good telephone etiquette
Ability to effectively prioritize and handle a number of demanding tasks simultaneously
Must be able to maintain confidentiality and possess excellent communication skills
Familiar with various filing systems – document imaging
Preferred
Associates Degree and/or graduate of a professional secretary or administrative assistant school preferred
Benefits
Medical plans with prescription drug coverage
Health savings account and/or flexible spending account
Dependent care flexible spending account
Dental and vision insurance
Life insurance
401(k) program with employer match
Employee Stock Purchase Plan
Paid time off programs including holiday pay, jury duty, and bereavement
Disability insurance coverage
Maternity and parental leave
Educational assistance
Robust wellness program with financial incentives
Company
Ephrata National Bank
Ephrata National Bank is an independent community bank that provides personal and business banking services.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$20M2021-01-07Debt Financing· $20M
Leadership Team
J
Jeffrey Stauffer
President & CEO
Recent News
GlobalFinTechSeries
2022-04-20
Company data provided by crunchbase