Central Loan Processor IV - Commercial Lending

First National Bank Alaska; Anchorage (AK); Presencial; USD 29.000 - 41.000; Jornada completa

Descripción de la vacante

First National Bank Alaska is seeking a Central Loan Processor IV in Commercial Lending. The role provides support to loan officers, handles complex commercial loans, and liaises with customers to gather documentation and ensure timely closings.

Salary is posted at $25.42/hour minimum, with compensation commensurate with experience. Schedule is Monday-Friday, with opportunities to advance within the commercial lending team.

Formación

• Bachelor’s degree in business, accounting, finance, or related field and one year banking or related experience.
• Or three years banking, real estate, commercial lending, or related experience; or equivalent.
• Training combined with education may satisfy the requirements.

Responsabilidades

• Assist loan officers in composing and preparing complex loan documentation.
• Serve as liaison between loan officer and borrower to obtain financial and collateral information.
• Review title, appraisal, environmental, survey, flood certifications; assist with collateral evaluation.
• Process lines of credit and construction loan disbursement requests.
• Ensure compliance with bank policies; review loan documents prior to closing.

Conocimientos

Loan processing

Commercial lending

Customer liaison

Documentation

Multilevel entities

Educación

Bachelor's degree in business/finance related field

Herramientas

Loan documentation systems

Descripción del empleo

Central Loan Processor IV - Commercial Lending

Central Loan Processor IV - Commercial Lending

Start a career with First National Bank Alaska, the *Best Place to Work in Alaska* as recognized 11 years in a row by Alaska Business magazine readers.

Attention Experienced Loan Processors!

If you have experience with loan processing and would like to take the next step in your career or grow by working in a different area of lending, consider this position.

Salary: $25.42/hour minimum. Job/salary offer would be commensurate with job level and experience.

Schedule: Monday-Friday

GENERAL PURPOSE SUMMARY

Provides technical and administrative support to one or more loan officers in a division or large branch; liaisons with customers and processes and closes complex commercial loans with limited supervision, by performing the following essential duties and responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Assists one or more loan officers composing and preparing correspondence and compiling complex loan documentation and transaction information including multilevel borrowing entities such as corporations, LLC’s, Partnerships, and Native organizations.
• Acts as liaison between loan officer and borrower to obtain financial, borrower, collateral information and all other supporting documentation.
• Determines whether borrower documentation satisfies established bank procedures by reviewing title, appraisal, environmental, and engineer reports; as-built survey’s; and flood certifications. Reports findings to loan officer and may assist with compilation of collateral evaluation and/or environmental report.
• Confirms documentation or relative priority of bank’s security interest. Processes Lines of Credit and Construction Loan disbursement requests.
• Obtains documentation required by investor or guarantee partners including AIDEA, SBA, AHFC and BIA by interacting with investors, customers and loan officers.
• Reviews loan files, identifies any exceptions to bank policy or procedure and prepares Loan Information Sheet for review and approval by loan officer.
• Reviews loan documents prior to closing with borrower. Confirms loan documents conform to authorized terms of proposed transaction.
• Assists supervisor with review of commercial loan documentation preparation; assists with training loan processors and management associates.
• Performs other work-related duties as assigned supervisor.

COMPLIANCE EXPECTATIONS

• Ensure business unit’s operations comply with bank policy, procedures, and banking regulations (for business unit heads).
• Ensure you and your delegates have adequate and current compliance training and ensure training is completed on time.
• Stay updated on relevant laws and regulations.
• Ensure you and your delegates comply with the bank’s policies, procedures, laws and regulations.
• Maintain customer confidence and protect the bank’s operations by you and your delegates by identifying and protecting confidential information.

SUPERVISORY RESPONSIBILITIES

May supervise lending support staff. Carries out responsibilities in accordance with the organization’s policies and procedures. Responsibilities may include interviewing, making hiring recommendations, training employees, planning, assigning, and directing work, appraising performance, addressing complaints and problem resolution.

QUALIFICATION REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION and/or EXPERIENCE:
Minimum:

Minimum: Bachelor’s degree in business, accounting, finance, or related field and one year banking, real estate, commercial lending, or related experience; or three years banking, real estate, commercial lending, or related experience; or equivalent combination of education/training and experience.

Preferred:

Preferred: Bachelor’s degree in business, accounting, finance, or related field plus two years banking, real estate, commercial lending, or related experience; or four years banking, real estate, commercial lending, or related experience; or equivalent combination of education/training and experience. One-year customer service, mortgage lending, escrow, title insurance, loan servicing, or related experience.

OTHER SKILLS and ABILITIES:

Ability to keyboard 35 wpm and operate a 10-key calculator by sight. Windows based word processing and spreadsheet skills preferred. Familiarity with tax returns and financial reports necessary. Must be a self-starter requiring only general supervision.

LANGUAGE SKILLS:

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and assists with procedure manuals. Ability to effectively present information and respond to questions from groups of managers, customers, and the general public.

MATHEMATICAL SKILLS:

Ability to work basic mathematical concepts, such as probability and statistical inference. Ability to apply concepts, such as fractions, percentages, ratios, and proportions to practical situations.

REASONING SKILLS:

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form, and deal with several variables.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms. The employee is frequently required to talk and hear. The employee is occasionally required to stand; walk; stoop, kneel, crouch, or crawl.

The employee must occasionally lift and/or move up to 25 pounds. Specific vision ability required by this job includes close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

WORKING CONDITIONS

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

The noise level in the work environment is usually moderate.