Facilitate all processing for Business Banking loans including Direct, Syndicated and SBA Loans, maintaining expert knowledge of loan documentation, collateral perfection, UCC filing, compliance requirements and policies and procedures.
Major Duties and Responsibilities:
Accurately board and fund all new loans into the accounting platforms such as Miser and PCFS, review all loan documents for signatures ensuring all terms of the loan approval have been satisfied and in compliance with bank policies and SBA-SOP.
Process on-going loan servicing activities for all business lines (Advances, Pay Downs, Interest Payments, Rate Changes, Credit Risk Rating, Payoffs, Rollovers and Reversals).
Monitor all fees including Unused Line Fees, Participation Fees and Guarantee Fees.
Follow up on Insurance Requirements.
Prepare all Reports including Month End Reports and SBA Colson Reporting.
Document all SBA loan sales to the secondary market.
Interact with Colson, PCFS, NY SBA office and Agented Banks.
Monitor and reconcile all General Ledgers and Suspense Accounts.
Assist as directed with software updates.
Participate in Audit activities.
Order Supplies, File Retention and Invoice Processing.
• Bachelor's Degree or equivalent in work related experience.
• Minimum of 5 years of loan experience with knowledge of agented deals and SBA.
• Minimum of 2 years knowledge of Miser and PCFS Creditwrx and Loan Manager preferred.
Knowledge, Skills and Abilities:
Excellent communication and interpersonal skills.
Strong organizational skills.
Exceptional customer service skills, over the phone and in person, with customers and internal departments.
Ability to multitask and adjust to a hectic work schedule and meet deadlines.