What are the responsibilities and job description for the Senior Commercial Lending Specialist position at First Tech Federal Credit Union?
Description
The Senior Specialist, Commercial Lending assists in processing, tracking and fulfilling ongoing servicing of the commercial loan portfolio.
Job Duties:
Target Compensation for Hillsboro, OR: $75,000 - $85,000 annual bonus
Benefits options include:
First Tech is not currently offering Visa sponsorship or transfer for this position
#FTLP
The Senior Specialist, Commercial Lending assists in processing, tracking and fulfilling ongoing servicing of the commercial loan portfolio.
Job Duties:
- Collect, track, review and archive active loan reporting requirements
- Monitor covenant tracking system for hazard insurance, rate changes, UCC filings, annual reviews and loan maturities
- Review commercial lending documents (in house and attorney-prepared) to ensure loan covenants on the loan approval and credit memo are met
- Perform post-closing commercial loan audits
- Collaborate with borrowers, and vendors such as accountants, title companies and brokers, underwriters and credit analysts to support the servicing of the loan
- Assist in completing correspondence setup requirements, facilitate new correspondence setup and required loan and servicing reviews
- Assist in maintaining comprehensive correspondence loan program
- As a subject matter expert in the core banking systems, guide and advise other business units
- Participate in and/or lead department projects and initiatives
- Mentor other Specialists on a day-to-day basis
- Minimum Education: Associate’s degree in Business Administration, other related fields of study is preferred; Minimum of 9 credit hours of accounting preferred
- Minimum 4 years’ experience in the financial services industry with an emphasis in mortgage, consumer/commercial lending servicing related activities
- Basic knowledge of accounting principles and practices
- Ability to identify existing and potential issues and recognize the legal, transactional and business implications of existing and omitted document content
- Strong analytical and problem-solving skills; ability to resolve complex issues with minimal direction; excellent attention to detail
- Ability to work autonomously to manage time effectively and prioritize work appropriately to meet deadlines
- Strong business communication skills; able to write/speak clearly and professionally for a variety of stakeholders
- Demonstrated ability to establish credibility and rapport with internal and external stakeholders
- Proven ability to maintain confidentiality and professionally handle sensitive documents
- Advanced knowledge of core banking system
- Intermediate knowledge of Microsoft Office Suite
- Certification/License: N/A
Target Compensation for Hillsboro, OR: $75,000 - $85,000 annual bonus
Benefits options include:
- Traditional medical, dental, and vision coverage
- 401K matching up to 5% per pay period
- Paid Time Off: You’ll accrue up to 15 vacation days in your first year. In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually
- 11 paid federal holidays
- Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)
First Tech is not currently offering Visa sponsorship or transfer for this position
#FTLP
Salary : $75,000 - $85,000