Position Objective
The Commercial Portfolio Specialist leads the process for data collection of annual reviews and leads loan renewal activities, engaging with business members and internal partners regularly. This position assists the Loan Officer and underwriter in processing new loan applications, managing existing credits, coordinating loan renewals, along with reviewing member-provided documentation for accuracy and compliance. This person promotes a healthy ongoing relationship with members. They will prepare credit memos to go to loan committee. They will prepare closing documents, and board all new loans along with on-going loan maintenance.
Responsibilities
- Conducts member relationship management activities in support of both loan renewals and loan annual review processes.
- Manages member outreach to collect, validate, and process required documentation for annual review of loans.
- Owns process steps for loan renewals including reviewing loan documentation to ensure eligibility for renewal.
- Interacts with internal and external audiences that can include relationship managers, members, agent banks, attorneys, and insurance agents to ensure all conditions are met for loan approval.
- Assist in the collection of financial data; review loan documentation for all new loan requests.
- Creates loan documentation for all new loan requests.
- Boards loan to core, completing all necessary maintenance recording, and processing activities to ensure the loan compliant and all securities and mortgages appropriately filed in a timely manner.
- Uses strong organizational experience in a fast-paced, live operational environment.
- Leverages communication and customer relationship management skills to drive results.
- Manages a workload that includes multiple tasks and applies judgment to resolve conflicting priorities.
- Regularly collaborates with teammates and key stakeholders across all levels of the company.
- Applies job knowledge and documentation expertise to support a diverse array of lending products.
- Stay updated on commercial lending laws, industry trends, and best practices.
- Stay informed about local economic trends and competitive market conditions to refine business development strategies. Completes mandatory compliance and other training courses, on time.
- Maintains a comprehensive knowledge of all related policies, procedures, rules, and regulations applicable for the position, and keeps abreast of any changes.
- Prevents controllable losses by strict adherence to security, compliance, and fraud & prevention policies and procedures.
- Adheres to all policies and procedures described in the Employee Handbook and Hershey FCU’s Core Values of Service, Commitment, Community and Integrity.
Qualifications
Education and Experience:
- 2+ years of commercial lending or loan processing experience preferred.
- Education: Bachelor’s degree in business, Finance, Economics, or a related field preferred.
- Strong understanding of Commercial Real Estate and Real Estate Valuation and Risk Assessment.
- Strong understanding of Accounting, Interpretation of all types of financial statements of individuals and business entities and general familiarity with commercial documentation.
- Strong understanding of depository services.
Language Skills:
Ability to read, analyze, and interpret written communications. Ability to comprehend and respond to common employee questions. Ability to effectively present job-related information to employees.
Mathematical Skills:
Ability to perform basic mathematical equations.
Physical Requirements:
The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Must be available and willing to travel to such locations and with such frequency as the employer determines is necessary or desirable to meet its business needs. Must possess sufficient manual dexterity to skillfully operate standard office equipment including but not limited to: a computer, typewriter, adding machine, facsimile machine, photocopier, and telephone. A telephone device to enhance hearing will be provided if needed. 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 occasionally required to stand; walk, sit; use hands to finger, handle or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch or crawl; talk or hear. The employee must occasionally lift and/or more up to 30 pounds.
- Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
Pay: $21.00 - $24.00 per hour
Benefits:
- 401(k) 6% Match
- Life insurance
- Tuition reimbursement
Work Location: Hybrid remote in Hummelstown, PA 17036
