Loan Quality Review Associate

First Merchants Corporation Daleville , IN 47334

Posted 2 months ago

Position Goals:Perform corporate-wide loan review of new and/or renewed commercial and consumer loans, to minimize customer impact and corporate risk.Direct Management Received:Assistant Director, OperationsDirect Management Exercised:NoneEssential Duties and

Responsibilities:
* Validate integrity of loan data information entered into the core banking application (Horizon), is in compliance with supporting loan documentation. * Review and validate Quality Review exception reports. * Review and validate on-line transactions input by the Loan Boarding Team. * Appropriately communicate data discrepancies to Loan Boarding Team Leader. * Perform post audit reviews on all new and/or renewed loans. * Validate loan documents are in compliance with approved terms and are properly executed. * Ensure required conditions outlined in the loan approval are satisfied and meet Lending Credit Policy. * Verify appropriate supporting documents have been obtained or waived, per the documentation checklist. * Identify documentation exceptions and/or policy exceptions that require exception tracking. * Locate, review and move documents in Optima, which are referenced on the documentation checklist and in supporting documentation, as needed. * Verify imaged documents are in the appropriate categories and key words are properly stated according to Optima standards. * Provide core system support and testing as needed. * Assist with set up of loan exception items. * Assist with the input of new/renewed loans. * Review and recommend new methods and procedures to make daily operations more efficient. * Maintain overall departmental service level objective.Knowledge, Skills and Abilities:In addition to the list below, it is understood that all positions with the company require individuals who possess a pleasant and friendly attitude, project sensitivity towards customers and fellow employees, and maintain a neat and clean professional appearance. Core competencies have been identified as relevant to every position within the company and include: Ethics and Integrity, Listening, Business Acumen, Customer Focus, Approachable and Savvy, Action Oriented, Managing Time & Priorities, Work/Life Balance, Composure & Patience, Drive for Results, Self Development & Knowledge, Dealing with Change, Decision Quality, and Informing.Competencies:Communication (Verbal Communication and Written Communication)* Listens, shows interest * Demonstrates appropriate non-verbal skills and clarifies with questions and paraphrases * Informs, encourages the exchange, access and sharing of information * Modifies communication style appropriately * Is able to write clearly and succinctly to get messages across to the intended receiver for the desired effectFunctional/Technical Skills * Understands processes and procedures necessary to successfully perform tasks * Possesses the technical and computer skills required in the position * Demonstrates the ability to learn rapidly and adapt quickly to new processes and technologyManaging Time & Priorities * Uses his/her time effectively and efficiently * Focuses efforts on important priorities * Accomplishes more tasks and assignments in less time * Can attend to several priorities at a time * Eliminates roadblocks and stays focused * Plans daily tasks so important work is accomplished * Uses workplace tools, technology or personal methods to keep track of priorities and assignments * Prioritizes and works on multiple tasks effectively while maintaining high quality work resultsWorking Relationships (Boss Relationships and Peer Relationships)* Works well in cooperation with others for the benefit of the company * Receives and carries out instruction in a positive manner * Responds well to constructive critique from manager and peers * Remains open to learning and coaching * Viewed as a team player by being cooperative and collaborativeLocationDaleville Data CenterWork HoursFull Time Monday- FridayRequirementsPosition

Requirements:
Education- High school diploma or equivalent (GED)Experience- One (1) year of financial service, customer service, or related experiencePhysical Sedentary office environmentPreferred

Requirements:
Prior loan documentation experience, including attorney prepared documents * Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. * Please view Equal Employment Opportunity Posters provided by OFCCP here. * 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)Apply OnlineSend This Job to a FriendCareers*
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Other - Sedentary office environment Preferred Requirements: • Prior banking experience • Experience with Microsoft Outlook, Excel, and Word Physical Requirements: • Must be able to lift up to 50lbs • Extended sitting for up to 3 hours at one time • Ability to stand, reach, stoop and use of hands and arms to grasp and manipulate objects and climb step ladders * Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. * Please view Equal Employment Opportunity Posters provided by OFCCP here. * 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) Apply OnlineSend This Job to a Friend Careers * <li>Browse Open Jobs * Search Open Jobs * My Profile * View My Applications * Employee Benefits EEO Employer/Vet/Disabled First Merchants Corporation Daleville IN

    Loan Quality Review Associate

    First Merchants Corporation