Location:
355 North Fifth Street
Indiana, PA 15701
Hours:
Monday - Friday: 8:00AM - 5:00PM
(Additional hours as necessary to meet the objectives of the department)
Function:
Lead the day-to-day functions of the Commercial Loan Processors ; Responsible for identifying potential fraudulent credit applications; developing process efficiencies; this position is the ‘point’ for appraisal reviews & disputes; constant interaction with prop/flood/appraisal vendors; assist with management of compliance and regulatory updates; obtain thorough knowledge of banking laws, federal and state regulations, Bank policies and lending platforms.
Duties and Responsibilities:
Coordinates and manages Commercial Loan Processors by:
Review applications and Credit Reports for potential fraud to identify and reduce potential risk to the bank
Evaluates operations of Commercial Loan Processors to adhere to banking regulations
Manages the distribution of the reports to the Bankers once received and reviewed in a timely manner.
Serve as escalation point person for vendors on Property Reports, Flood, Appraisal disputes, and attorneys.
Approves Flood Insurance coverage and Flood Insurance Worksheet calculations prepared by Processors to ensure the Bank obtains adequate flood insurance coverage.
Ensure peer reviews are conducted in a timely and accurate manner.
Evaluates work done by Processors in order to maintain quality of day to day review of reports
Gather Loan Review and Audit documents, research Loan Review and Audit “findings” and coordinate the appropriate research with the VP Commercial Loan Doc Admin Manager
Maintains proficiency in the loan origination software, Microsoft Office (Word, Excel, & Outlook), Internet searches, Core Operating System (FIS), imaging system, applicable vendor software along with the upgrades to these programs or replacement software and any other conduit available to process all orders as well as prepare required documentation.
Advances knowledge through further education and/or obtaining certifications and attending training, where appropriate, on regulatory, platforms and audit issues or concerns.
Education:
Requires a two year degree or 3-5 years job experience. Bank offered supervisory training (Stellar) required to have been successfully completed.
Experience:
Requires five to seven years general experience and three to five years specialized experience to include Business Banking Real Estate Lending and Lending Regulations. Supervisory experienced required.
Physical Demands:
Requires the use of manual dexterity skills for typing and data entry up to 70% of the business day. Specific vision requirements include close vision of 18”- 20” for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
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. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Salary Range:
$17.52 - $38.87
