What are the responsibilities and job description for the Commercial Loan Administrator II position at Dime Commercial Bank?
Job Details
Description
Summary: Dime Commercial Bank (Dime) is currently hiring for a Commercial Loan Administrator II at its Headquarters in Hauppauge, Long Island. The Commercial Loan Administrator II is responsible for assisting with the management of loan ticklers, covenants, financial document uploads, workflow clearance, and tickler advancements. This role is also responsible for on-going file maintenance clean-ups.
Salary commensurate with experience, ranging from $57,000 to $65,000 annually. The exact compensation may vary based on relevant experience, skills, education, training, licensure and certifications, and location.
All applicants need to attach a recent resume. This is not a remote role.
Responsibilities:
Description
Summary: Dime Commercial Bank (Dime) is currently hiring for a Commercial Loan Administrator II at its Headquarters in Hauppauge, Long Island. The Commercial Loan Administrator II is responsible for assisting with the management of loan ticklers, covenants, financial document uploads, workflow clearance, and tickler advancements. This role is also responsible for on-going file maintenance clean-ups.
Salary commensurate with experience, ranging from $57,000 to $65,000 annually. The exact compensation may vary based on relevant experience, skills, education, training, licensure and certifications, and location.
All applicants need to attach a recent resume. This is not a remote role.
Responsibilities:
- Establish and maintain organized commercial loan credit files which includes ensuring that credit file documentation is uploaded in a timely manner.
- Manage and upload financial documents to Sageworks Document Library using standard naming convention.
- Manage timely workflow clearance and tickler advancements. Validate document received meets requirements prior to advancing.
- Perform necessary post receipt follow up when documents received do not conform with document requirements, per credit approval or loan documents. This may be with Commercial Relationship Managers, Relationship Support Specialists, Underwriters, etc.
- Perform set up and build of ticklers and covenants for newly booked loans, annual reviews, renewals, and extensions as required by loan approval and/or product specifications.
- Monitor existing reports, to ensure proper clearance of workflow steps. Quality check collection and upload of all supporting documents.
- Participate in the processes related to the release of the Tickler Client Outreach Process using email and letter correspondence generated from Sageworks.
- Assist with on-going file clean-ups.
- Assist with other ad hoc projects as needed.
- Perform additional responsibilities as required.
- Minimum 2 years’ experience in Credit File / Loan Administration.
- Knowledge of Commercial Loan financial documents.
- Knowledge of credit file structure preferred.
- Exceptional attention to detail.
- Strong organizational skills.
- Strong knowledge of Microsoft Office and other computer software.
- Working knowledge of Fiserv system or equivalent.
- Working knowledge of Sageworks/Abrigo or equivalent.
- Analytical and problem-solving skills.
- Team focused.
Salary : $57,000 - $65,000