Title: Loan Administrator I Department: Loan
Reports to: Loan Administration Supervisor FLSA Code: Non-Exempt
Manage and service a portfolio of commercial loans, USDA loans, SBA loans, and other loans for the Bank.
Oversee SBA 7 (a) and SBA 504, and conventional loan issues.
Prepare reports for board meetings, loan committee, and internal audit.
Create, organize and maintain credit files.
Perform initial review of collateral files.
Complete lien searches and lien filings.
Secure original vehicle titles and release appropriately upon payoffs.
Maintain current liens by filing continuations and terminations.
Maintain participated loans.
Record and monitor canceled and declined loan files.
Process the recording and cancelation of Debt Security Deed (DSD) and collateral assignments of life insurance policies.
Follow up with updated financial documents, and clear tickler list items and send request letters as needed.
Monitors expiring and or canceled flood, life and property insurance policies and initiate timely follow-up with internal parties.
Book loans when they close.
Monitor loan related GL account and keep balanced.
Monitor delinquent loans and prepare appropriate notices including demand letter.
Send out all notices and process loan payments.
Answer phone and respond to general questions.
Prepare disbursement from loan; cut checks; send wires; or make deposit.
Ensure the bank is maintaining proper OFAC compliance on all guarantors before disbursing loan proceeds.
Maintain compliance with Bank policies and procedures, in addition to federal and state regulations.
Perform all duties in compliance with BSA/AML regulations and requirements.
Monitor and report all suspicious activity to the BSA officer.
This position is responsible for other miscellaneous duties as assigned by management.
Education/Skills/Additional Training or Certifications:
Bachelors Degree or equivalent work experience
Good math skills
Ability to multitask and juggle priorities
Strong proficiency in Microsoft Office, Word, Excel, Outlook
Excellent verbal and written communication skills
Excellent time management skills
Bilingual Skills Preferred: English/Korean
Previous Work Experience:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. 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 regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to stand; walk and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and color vision.
Metro City Bank is an Equal Employment Opportunity/Affirmative Action Employer with regard to Females, Minorities, Veterans and Disabled Persons
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Metrocity Bankshares, Inc.