Commercial Loan Processing Manager

MVB Bank; United States; Remote; USD 60,000 - 80,000; Full time

Job summary

An innovative financial holding company is seeking a dedicated Loan Assistant to support Commercial Loan Officers. This role involves monitoring loan maturities, assisting with loan documentation, and ensuring high-quality customer service. The ideal candidate will have a strong background in banking, excellent communication skills, and proficiency in Microsoft Office tools. Join a forward-thinking organization that values diversity and inclusion, and be part of a team that is committed to growth and engagement. This is a fantastic opportunity to contribute to a dynamic environment while enhancing your career in the financial sector.

Benefits

Medical, Dental and Vision Insurance

Health Savings Account (HSA)

401K Salary Deferral Plan

Education & Tuition Expense Reimbursement

PTO and Unique Vacation Purchase Program

Wellness Program

Short- and Long-Term Disability Plan

Group Life Insurance

Nationwide Pet Insurance Coverage

Qualifications

• 5+ years of experience in a loan assistant role or similar.
• Strong proficiency in Microsoft Office, especially Excel and Word.

Responsibilities

• Monitor loan maturity and ensure proper renewals.
• Assist lenders with loan origination and documentation.
• Prepare credit-related documents and reports.

Skills

Attention to detail

Communication skills

Data analysis

Presentation skills

Multi-tasking

Education

5+ years of experience as a loan assistant or related field

Working knowledge of bank lending policies and procedures

Strong proficiency in Microsoft Office (Excel, Word)

Tools

Microsoft Excel

Microsoft Word

Job description

Here at MVB, our company culture defines the environment in which Team Members thrive. Our culture impacts a wide range of elements, including our purpose, values, expectations and goals that support growth and engagement – it is the secret sauce of our organization!

Our values live at the core of all that we do – Trust, Commitment, Teamwork, Adaptive, Respect, Love and Caring are our foundation for success. We are committed to fostering an environment focused on diversity, equity and inclusion, and we welcome Team Members from all walks of life. Join Team MVB today!

MVB Financial Corp. (“MVB Financial” or “MVB”), the innovative financial holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market under the ticker “MVBF.” Through its subsidiary, MVB Bank, Inc., (“MVB Bank”) and the bank’s subsidiaries, MVB provides services to individuals and corporate clients in the Mid-Atlantic region, as well as to Fintech, Payment and Gaming clients throughout the United States. For more information about MVB, please visit www.mvbbanking.com.

This role can be based remotely.

Candidates must reside in one of the following states: West Virginia, Virginia, Texas, Florida, Ohio, Pennsylvania, Maryland, Washington D.C., New York, New Jersey, Arkansas, Alabama, Arizona, Delaware, Indiana, North Carolina, Georgia.

ABOUT THE ROLE

Responsible for providing support to Commercial Loan Officers and other Management Personnel who have Business Loan Portfolios assigned. Responsibilities also include assistance to the Commercial Loan Processing Senior Manager as required.

WHAT YOU’LL DO

1. Monitor the future maturity of lines of credit and term loans to ensure proper renewals are completed prior to maturity dates;
2. Maintain accurate reporting of commercial loan pipeline for senior management;
3. Work with loan officers to collect necessary information;
4. Assist lenders in general portfolio and problem loan management, as well as specific loan maintenance and collection activities, focusing on the primary areas of loan quality, yield, growth and client services;
5. Support the Sales Process by recognition of referral opportunities for the bank sales force;
6. Assist lenders with the loan origination process, specifically including production of legal and supporting loan documentation through input to internal systems, and written and/or verbal communication with third parties, such as attorneys, insurance agents, appraisers, surveyors, etc.;
7. Following the credit approval and commitment stage, assist lenders with coordinating, attending and processing Business Loan closings, including completion of loan closings on the bank’s loan system and accurate disbursement of loan proceeds;
8. Service client needs/requests as related to business loan and deposit services;
9. Work with treasury team to provide necessary information to assist with the referral and cross selling of deposit services to credit clients;
10. Refer relationship to other partners such as mortgage and insurance;
11. Assure documentation quality via follow-up and clearing of exceptions;
12. Assist with the credit renewal process, including monitoring future maturity and line expiration reports, and proactively preparing documentation for lender/client execution;
13. Assist with the credit review process by maintaining updated credit files, including timely filing of credit-related documentation, follow-up on financial statements and initiation of Loan Review Committee packages;
14. Prepare Reports requested by Bank Management (USDA/SBA Reporting, minutes, withdrawn/denied files);
15. Specifically assist by bringing to the appropriate individual’s attention any potential client needs recognized through client contact or cursory review of available financial information;
16. Prepare credit-related documents (loan presentations, credit files, correspondence, memos, reports, etc.) in a clear, accurate manner using the most efficient software application or method made available;
17. Ensure a high quality of customer service;
18. Assist customers throughout the loan process and with any servicing issues;
19. Ensure training of new hires in market area;
20. Respond to day-to-day correspondence with market area processors, and others as required, to ensure high quality loan production, along with procedure proficiency;
21. Work in unison with Commercial Loan Processing Senior Manager to assure best practices within the processing team;
22. Complete processor reviews as may be required by the Commercial Loan Processing Senior Manager.

EDUCATION & WORK EXPERIENCE

1. Minimum 5+ years of experience as a loan assistant or related field
2. Working knowledge of bank lending policies and procedures
3. Strong proficiency in Microsoft Office software tool, specifically Excel and Word
4. Excellent attention to detail and dependability
5. Ability to multi-task, meet tight deadlines and manage multiple priorities
6. Strong communication, data analysis and presentation skills

BENEFITS AT MVB

MVB Financial Corp., (“MVB”) offers an excellent selection of benefits for regular, part-time and full-time Team Members, including:

1. Medical, Dental and Vision Insurance
2. Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA)
3. Short- and Long-Term Disability Plan
4. Group Life Insurance
5. 401K Salary Deferral Plan
6. Wellness Program
7. Education & Tuition Expense Reimbursement
8. PTO and Unique Vacation Purchase Program
9. Nationwide Pet Insurance Coverage

We encourage you to submit an application even if you haven’t performed every job duty listed above, as your skills may be transferrable. MVB is looking for ambitious individuals with related knowledge, understanding and abilities who are willing to learn and grow. What we care about most is allowing you to develop and, in return, you help us become a stronger, more diverse and well-rounded organization.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

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.