Banking & Commercial Loan Processing Manager assists in the management of the loan processing operations team that originates, processes, and closes various types of loans. Implements processes and procedures to maintain accuracy and completeness of required documentation. Being a Banking & Commercial Loan Processing Manager monitors achievement of operating performance metrics and standards for speed, quality, and customer service. Develops solutions to resolve operational issues. Additionally, Banking & Commercial Loan Processing Manager oversees the preparation of reporting for internal departments and external agencies. Coordinates audit requests and processes. Develops training and communication mechanisms that inform the team of regulatory requirements and updates. May require a bachelor's degree. Typically reports to a manager. The Banking & Commercial Loan Processing Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Banking & Commercial Loan Processing Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Job Summary
The Commercial Loan Portfolio Manager is responsible for reviewing and analyzing current credit data and financial statements to identify and assess credit risk. This position will assist in spreading financial statements, developing global cash flows, reviewing credit reports, historical payment performance, preparing periodic loan reviews, credit risk rating recommendations, financial tickler and covenant reports including but not limited to collecting financial documents from clients. The Portfolio Manager will provide quality service to all customers. Responsible for technical knowledge, proficiency and productivity in the Credit Department ensuring that established policies and procedures are followed, and service standards are achieved.
Essential Job Duties
Follow-up on financial performance covenants, monitoring requirements, ensure accurate borrower risk ratings for new and existing credit requests based on analysis and prepare waivers for loans that fail to meet the covenant threshold.
Job Qualifications
Must be able to perform all the essential duties of the position satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Computer & Software Skills
Travel
Occasional local travel
Additional Information
$90,000.00 To 125,000.00 Annually
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