Prefunding Analyst

INTERNATIONAL BANK OF COMMERCE; United States; On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical Plan

Employer Paid Life Insurance

401k Profit Sharing Program

Sick Leave

Vacation Paid Holidays

Job summary

IBC Bank is seeking a Pre-Funding Analyst for its 202 Credit Administration department. The role is an in-office, full-time position focused on pre-funding and post-closing audits to ensure regulatory compliance for new and renewal loans.

Essential duties include auditing loan files, updating loan records, handling documentation exceptions, and supporting lending officers. The role requires a four-year degree or equivalent banking experience and strong communication and analytical skills.

Qualifications

• Excellent verbal and written communication skills.
• Good organizational skills.
• Critical and analytical skills.
• Microsoft Word, Excel, and Outlook.

Responsibilities

• Perform pre-funding and post-closing audits for all funded loans to ensure accuracy with bank policy and practice.
• Perform system audits on new and renewed loans and update loan information (loan maintenance) into the bank's system of records.
• Enter loan documentation exceptions into the collateral tracking system.
• Assist lending officers with loan exception clearing and monitoring.
• Scan and upload documents in Hyland.
• Attend and participate in the Credit Quality, Executive Committee and Board meetings as required.
• Maintain accuracy and completeness of the bank's system of record for all loans.
• Prepare compliance self-audits.
• Other duties as assigned.

Skills

Excellent verbal and written comms

Good organizational skills

Critical and analytical skills

Microsoft Word, Excel, and Outlook

Education

Four-year degree or 2 years related banking experience

Job description

IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience.

Time Type: Full time

This is an in-office position.

Department: 202 Credit Administration

Job Summary

The Pre-Funding Analyst is responsible for performing pre-funding and post-closing audits for new and renewal loans in support of the bank's compliance with State and Federal regulations.

Job Description

ESSENTIAL JOB FUNCTIONS The statements on this job description are intended to describe the general nature of level of work being performed by incumbents. They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.

• Perform pre-funding and post-closing audits for all funded loans to ensure accuracy with bank policy and practice
• Perform system audits on new and renewed loans and update loan information (loan maintenance) into the banks system of records.
• Enter loan documentation exceptions into the collateral tracking system
• Assist lending officers with loan exception clearing and monitoring
• Scan and upload documents in Hyland
• Attend and participate in the Credit Quality, Executive Committee and Board meeting as required
• Maintain accuracy and completeness of the bank's system of record for all loans
• Prepare compliance self-audits
• Other duties as assigned

SKILLS

• Excellent verbal and written communication skills
• Good organizational skills
• Critical and analytical skills
• Microsoft Word, Excel, and Outlook

EDUCATION & EXPERIENCE

• Four-year degree or 2 years related banking experience

IBC Bank was founded in 1966 to meet the needs of small businesses in Laredo, Texas. The bank's success is a result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects it's dedication to the growth and success of it's employees, customers and communities. Our commitment to "Do More" for the communities we serve permeates our company from top down. The success of IBC and it's 50 consecutive years of growth and profitability are due to strong leadership, customer centric business philosophy and our motto of "Doing More" in our communities.

Wait there's more! We offer a comprehensive benefits package, based on eligibility, benefits include:

Benefits

• Medical Plan
• Employer Paid Life Insurance
• Flexible Spending Program
• 401k Profit Sharing Program
• Supplemental Benefit Programs such as: Vision, Dental, Disability Tuition Assistance Program
• Sick Leave
• Vacation Paid Holidays