Share

Commercial Loan Administrator - II (C&I)

POSITION SUMMARY

This position performs a variety of tasks within the Commercial Lending Department.   The incumbent maybe required to verify insurance requirements, manage files and work with the Loan Origination System and Vision Content. Orders appraisals, creates working files for new deals and works with the Portfolio Managers and Relationship Managers for closing loan requirements. 

 

 MAJOR JOB RESPONSIBILITIES

 

  • Creating reports and ordering documents/reports related to the loans including but not limited to:
    • Appraisals
    • Environmental reports
    • Field Exams
    • Property Condition Reports
    • Plans & Cost 
    • New Money/ Fee Report
  • Vision Content
    • Set up new customers/loans
      • Enter financials for new and existing deals
      • Enter appraisals, environmental and field exams
  •   Loan Origination System (LOS)
      • Set up new customers
      • Set up ticklers for financial requirements, annual reviews, covenant testing, insurance etc       
      • Set up ticklers for default letters, covenant letters and post closing
      • Follow up on any ticklers that are generated
  •    Coordinate with Commercial Credit Underwriting on loan packages
  •    Approvals        
      • Follow up on approvals from Department Heads, Team Leader, Credit Committee and update system
      • Request files for existing deals from file room and New deals from PM/Relationship Manager
      • Verify insurance is current on all existing deals
      • Review approval for Pre Closing requirements 
  • Borrowing base and brokerage accounts
      • Receive monthly signed Borrowing Bases from PM and verify they are in compliance
      • Receive monthly Brokerage accounts that are being used as collateral.
  • Compliance Trackers – Application, review ticklers, Complete Verafin               
  • Back up other CLA’s when necessary 
  • Other ad hoc duties as required

 

SUPERVISORY RESPONSIBILITIES

       None

SKILLS AND TRAINING

       Knowledge of lending products, retail banking and bank policies.

       Excellent interpersonal verbal communication skills.

       Attention to detail.

       Ability to define problems, collect data, establish facts and draw valid conclusions.

       Ability to prioritize multiple projects and complete them on time.

       Ability to interpret a variety of instructions, communicate them to others and establish controls

       to evaluate that these instructions are followed.

       Ability to work with a wide variety of personalities in a courteous and efficient manner.

       Proper understanding of lending concepts, principles and procedures.

 

  EDUCATION

       High School Diploma preferred

 

WORK EXPERIENCE

       Minimum 3 years commensurate with job function

  LICENSES AND/OR CERTIFICATES

        Licenses and Certifications                                                            Expiration Date

           None

       

WORKING CONDITIONS

       Work is performed in a normal office environment.  Noise levels are usually moderate.

 

HAZARDS

       The hazards are mainly those present in a normal office setting.

 

This job description may not be all-inclusive.  Employees are expected to perform other duties as assigned and directed by management.  Job descriptions and duties may be modified when deemed appropriate by management.

 

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.


About Provident Bank

For more than 180 years, Provident Bank has served individuals, families, and businesses in our local communities with personal and business banking services.

Volunteering is a Way of Life

Our brand promise - “Commitment you can count on” - supports the investments we make in the community and donations made by our employees. It’s a promise also reflected in the volunteerism of our employees, who lend time and talent and countless hours to assist hundreds of organizations and thousands of people and animals each year.

Why do we love it?

  1. We get to volunteer in areas that are meaningful to the bank and impactful in the community.
     
  2. Through generous contributions, we have raised over $912,000 in 2022. No item or donation is too small; we find a home for it all.


Nearest Major Market: Philadelphia