Commercial Loan Administrator - Mechanics Savings Bank - Auburn, ME | JobsInME.com
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Commercial Loan Administrator

Mechanics Savings Bank | Auburn, ME 04212

Mechanics Savings Bank

POSITION SUMMARY:

The Commercial Loan Administrator is responsible for providing administrative assistance to Commercial Loan Officer(s), including preparation of loan documentation, processing closed loan packages, uploading loan data and providing customer service and support. 

The position will be responsible for providing the highest level of Customer Service, and adheres to the Bank’s Core Values, Service Standards and Fish Philosophy.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Provides administrative assistance to the Commercial Loan Officer(s), getting loan packages ready for closing by preparing loan documents. Ensures that all required items per the approval are obtained reviews and accepted and ensures the loan documents comply with the approval prior to closing.
  • Prepares Allonges for Line of Credit renewals and loan modifications and ensures that all required items per the approval are obtained, reviewed and accepted and ensures the Allonge documents comply with the approval prior to closing.
  • Prepare letter of credit documentation packages per approval.
  • May be required to prepare bought or sold participation packages per approval.
  • May be required to upload new loans and/or Allonge information in the Banks’s Core System.
  • Coordinates line renewals with lenders.
  • Ensures the closed loan files contain necessary regulatory documents, proper resolutions/operating agreements for the particular borrowing entity, documents with proper signatures, dates, proper vesting, legal descriptions and other relevant data.
  • Interacts with Compliance personnel to resolve post-closing issues.
  • Assembles and verifies accuracy of loan documentation. Consults with other CLA’s or seeks legal advice on complex documentation. Interacts with attorneys on attorney prepared closings.
  • Suggests new products for Laser Pro and works closely with commercial loan operations in regards to all system related issues.
  • Creates and maintains credit, legal and vault files to ensure compliance with Bank policy as well as regulatory examinations.
  • Performs a variety of clerical duties requiring knowledge of departmental procedures. Orders credit reports, UCC searches, flood certifications, merchant’s reports, title updates, EDR’s and good standing certificates.
  • Requests annual financial information from customers.
  • Utilizes CheckIt program for reporting purposes.
  • Process Line of Credit advances, pay downs, new loan funding, transfers, construction disbursements, wires and equipment revolver advances.
  • Process payoff quotes, payoff checks, paid loan files and preparing discharges and/or terminations.
  • Completes credit references and account verifications.
  • Answers telephone and written inquiries.

NON-ESSENTIAL DUTIES AND RESPONSIBILITIES:

Perform other duties as assigned.

 

GENERAL EXPECTATIONS/COMPETENCIES:

  • Demonstrated ability to work as part of a team.
  • Be punctual for scheduled work and use time appropriately.
  • Perform duties in a conscientious, cooperative manner.
  • Perform required amount of work in a timely fashion with a minimum of errors.
  • Be neat and maintain a professional appearance.
  • Comply with all Bank policies and procedures, including BSA and Information Security policies.
  • Maintain confidentiality and protect the Bank by keeping information concerning Bank operations and customer information confidential.
  • Able to consistently treat others with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
  • Strong commitment to achieving personal and team growth and success through an understanding and commitment to the Bank's sales culture goals.
  • Must have proven communication and interpersonal skills.

 

PHYSICAL REQUIREMENTS:

The physical requirements described here are representative of those that must be met by the Incumbent to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and talk or hear.  The employee is frequently required to stand, walk and use hands to operate a standard computer keyboard. The employee may occasionally lift and/or move up to 10 pounds.  Specific vision abilities required by the job include close vision, distance vision, and the ability to adjust focus.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those the incumbent encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

When in the office: usual office conditions.  Noise level is usually quiet.

QUALIFICATIONS NEEDED FOR POSITION:

Experience and Skill Requirements:  The following experience and skills are considered essential:

  • Minimum of 2 years’ experience with Commercial Loan documentation/operations.
  • Strong customer service skills.
  • Knowledge and awareness of all bank products and services.
  • Demonstrated ability to work as part of a team.

Education Requirements:  The following education requirements are considered essential:

  • 2 Year Business Administration or Accounting Degree preferred or equivalent in education and related work experience.
  • Successful completion of in-house training program or approved outside training program.

Resume and Cover Letter Required.

Benefits Provided

Competitive salaries

401K Retirement Savings Plan

Medical coverage

Prescription drug coverage

Life Insurance

Long Term Disability Insurance

Dental Insurance

Paid Holidays

Paid Time Off

Tuition Reimbursement

Tuition Repayment Program

Employee Assistance Program

Training and development programs

** All requirements and skills are considered to be essential, unless otherwise indicated. **

External and internal applicants, as well as position incumbents who become disabled as defined under the Americans With Disabilities Act, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.

The job description does not constitute an employment agreement between the employer and the employee and is subject to change by the employer as the needs of the employer and requirements of the job change.

 

 


Posted On: 06/11/192019-06-11
Closing Date: 06/24/192019-06-24
Telecommute: No
Categories: Banking
Job Type: Regular
Job Status: Full Time
Travel: No Traveling
Career Level: Mid Level (2-10 years experience)
Minimum Degree: Some College Completed
Pay Type: Annual Salary
Similar Jobs: Within 25 miles of 04212, Banking

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