What are the responsibilities and job description for the AVP, STL Loan Servicing Portfolio Manager position at First Internet Bank?
About the Position:
As the Single Tenant Lease (STL) Loan Servicing Portfolio Manager (PM) you will provide general credit monitoring activities, administrative support and oversight to the bank’s commercial real estate loan servicing portfolio in an effort to prudently manage ongoing risk. You will conduct review and follow-up activities to maintain the general condition and quality of the commercial real estate loan servicing portfolio.
What You Will Do:
- Oversee timely monitoring and collection of periodic loan servicing requirements and address documentation exceptions
- Monitor delinquency reporting, and upcoming loan maturities to assure timely completion of annual reviews, loan renewals, yearly risk rating assessments and other Loan Monitoring as applicable
- Ensure all documentation is properly saved in the electronic file imaging system
- Perform consistent and accurate analysis, underwriting and preparation of Credit Approval Documents for renewals of existing loans or modifications to existing loans in the Servicing portfolio
- Perform analysis and recommend Internal Risk Ratings on Loan Portfolio Tenants
- Work with bank’s third-party vendors to monitor collateral and property tax status
- Assist with preparation, completion and distribution of loan data reports
- Communicate and calculate payoff statements as needed on maturing loans
- Responsible for any other duties/activities assigned by Vice President, CRE Portfolio Manager Team Lead
What We’re Looking For:
- A bachelor’s degree in business or finance required
- A minimum of two years of relevant banking or credit experience required
- Knowledge of Commercial Real Estate field required
- Strong understanding of financial statement preparation and content
- Proficient in Microsoft Excel and other Microsoft Office products
Working Conditions/Demands:
- Professional office setting.
- Primarily sedentary position requiring long periods of time working at a computer.
- Must be able to move throughout the office and buildings to obtain or relay information.
- Must be able to perform the essential functions of the position with or without reasonable accommodation.
Who Are We?
We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.
We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see.
Why Join Us?
Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day. Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness. Have we mentioned free snacks, soft drinks and beer available on tap? Want more? How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today.
Our benefits package includes the following and so much more:
- Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
- 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
- Professional Development Reimbursement
- At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
- Eleven Paid Holidays
- Paid Volunteer Time
- Annual First Internet Bank-branded merchandise allowance
Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities
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The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click here to read more.