What are the responsibilities and job description for the AVP Loan Operations (Note) Officer position at Commonwealth Business Bank?
POSITION OVERVIEW
This position handles commercial, consumer, personal, real estate and SBA general loan operation
POSITION RESPONSIBILITIES
- Loan generation, funding and boarding
- Prepares SBA 1086 agreement
- Reviews and monitors collateral insurances.
- Handles general loan servicing for all loans
- Posts daily payment
- Daily loan payment and charge back
- Posts loan advance upon request
- Submits participation payment
- Balances participation payment holdover G/L
- Reviews daily loan payment and charge back
- Monitors tickler report and UCC continuation
- Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.). Must complete all required training
SKILLS / QUALIFICATIONS
- Substantial knowledge of loan operation, servicing, trade finance operation and documentation
- Expertise in LaserPro, SBA SOP and bank loan policy and procedure
- Substantial knowledge of loan operation, servicing and documentation
- Expertise in LaserPro, SBA SOP and bank loan policy and procedure
- 5-7 years of experience specific to loan operations (experience in loan documentation preferred)
- Ability to work well under pressure and meet strict deadlines
- Team player
- Adapt well to changes
- Attention to detail
Preferred EDUCATION / EXPERIENCE
- Bachelor’s degree preferred
- Preferred experience with FIS
We offer a competitive total rewards package, including but not limited to Medical, Dental, Vision, and Life Insurance, 401k retirement savings plan, and paid federal holidays, for this full-time position within the salary range of $65,000 - $70,000. Pay ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.
Must be authorized to work in the US.
We are an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, or military or Veteran status, or any other characteristic protected by law.
Salary : $65,000 - $70,000
