Loan Operations Manager

First Century Bank is seeking an individual in the role of Loan Operations Manager to join our Commerce, Georgia team. This individual will be responsible for leading the Loan Operations team, supporting the lending function ensuring documentation compliance with regards to all lending products. This individual will lead the team to process and complete loan packages for construction, commercial and retail loans upon receiving a loan package request from the lending staff. Loan processing includes operation of the loan platform system, verification of all collateral documentation in file, obtaining necessary collateral information not in file, verification of lending limit authority or committee approval and verification of collateral value. Verify that required documentation has been completed as appropriate to ensure compliance with all applicable regulations. This individual would be the subject matter expert surrounding all things in the loan operations department and would also contribute to completing all the responsibilities of the loan operations team.

Leading Loan Operations Team:

• Receives all loan requests for new or renewed loans, and assigns duties for completion including verifying that the proper approval has been obtained for the request. Reviews or prepares the appropriate documentation needed for the loan request and submits to the lender for closing. Also, documents any loan policy or procedure exceptions.

• Point of contact to provide requested documentation for scheduled audits and examinations.

• The loan operations team will assist lenders in obtaining all necessary collateral information needed for "new" loan requests and verifies all collateral documentation in file for renewal transactions.

• Acts as subject matter expert with regards to all loan operations questions and processes.

• This individual will ensure that closing attorney has possession of all necessary loan documentation, and will ensure completeness and accuracy for processing and compliance.

• Lead the team to process all loan denials which include:
  • Verification of compliance guidelines for applications and Notice of Action Taken.
  • Preparation and mailing Notice of Action Taken to customers within 30 days of the date of the application.
  • Follow up for scanning of document and delivery to compliance officer.

• Prepares all documents required to perfect the bank's lien and position on all collateralized loans and prepares all other necessary documentation to complete the loan transaction.

• Will ensure that all departmental duties are completed including processing payments; pulling credit reports, filing, scanning, and other duties as appropriate.

• Ensures that all applicable appraisals and flood determinations are ordered in a timely manner.

• Ensures that the letter of credit log is updated and entries are posted. Monthly, sends the letter of credit report to the appropriate personnel.

• Manage participations with other financial institutions, ensuring that loans are added to the system, and make necessary entries and the entire package must be copied and provided to the participating bank.

Construction Draws:

• Reviews and Prepares construction advances each week. Compiles a list of draws requested, sends to inspector for additional information. Inspector returns with necessary information, and processes the draws for distribution at the end of each week.

Other:

• Performs such other duties as may be assigned or which inherently or logically belong with the position.

• Exemplify FCB's values while carrying out its mission and organizational goals and priorities.

Bachelor's degree and over seven (7) years of related experience and/or training; or equivalent experience and education. Qualified individuals will demonstrate an outstanding level of detail and precision in the preparation of documentation and following procedures and applicable regulations. Individual will have a cooperative and service minded approach working with team, clients and partners throughout the organization.

First Century Bank is an equal opportunity employer. It is the Company's policy to provide equal employment opportunity to all qualified persons without regard to race, color, sex, gender, religious creed or religious beliefs, age, national origin, physical or mental disability, pregnancy, military or veteran's status, marital status, sexual orientation, or any other category protected by state or federal law.