[Hiring] Business Banking Loan Administrator @First Farmers & Merchants Bank

Role Description

The Loan Administrator will function as a blend of loan coordinator, pipeline manager, and administrative support. The Loan Administrator will assist the Business Banking team and Retail Lenders in their daily duties including:

• Inputting loan requests and renewals into the LOS/Abrigo
• Preparing memos and providing service related to existing and proposed loan requests
• Obtaining and coordinating loan documents
• Working with outside service providers to arrange loan closings
• Providing high-level customer service support
• Tracking loan maturities, covenant tests, and renewals
• Performing special projects and other duties as directed by management

Qualifications

• Three years to five years of similar or related experience
• A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or job-specific skills acquired through on-the-job training or apprenticeship

Requirements

• Assists Relationship Managers with preparing packages for underwriting by gathering and tracking necessary documentation related to financial packages
• Inputs loan requests into the LOS
• Coordinates third-party reports and loan closings
• Works with title companies and closing attorneys and post-closing compliance
• Assists and works with RMs and Treasury Management team with all aspects of client deposit accounts, deposit account maintenance, and compliance
• Portfolio maintenance: renewals, covenants, compliance, insurance, past dues, pipeline reviews, loan compliance
• Supports day-to-day client servicing needs
• May occasionally call on business clients/prospects in partnership with the Relationship Managers to support business relationships
• Coordinates RM networking activities
• Performs other job-related duties as assigned

Benefits

• Full-time position
• VEVRAA Federal Contractor
• Request Priority Referral of Protected Veterans
• EOE Protected Veterans/Disabled

Performance Measurements

• Comply with the letter and spirit of the bank's Code of Business Conduct and Ethics
• Maintain the confidentiality of customer and any other sensitive information
• Be punctual and have regular attendance
• Ensure that the department provides friendly, professional, timely, and personal service to all customers
• Ensure that all lending activity is within established policies and regulations
• Keep management informed regarding key operational issues affecting the department
• Complete required training and undertake additional training as needed to increase job knowledge and maximize productivity
• Acquire and maintain a working knowledge of regulations and bank procedures; comply with the provisions of the Bank Secrecy Act and other laws and regulations

Knowledge and Skills

• Business Banking and Retail loan documentation skills including understanding of certain documents used in loan transactions
• Proficiency with the bank's loan processing software; familiarity with Abrigo and FIS a plus
• Proficiency with Microsoft Office products, especially Excel

Physical Requirements

• Frequently move about inside the office to interact with associates or clients and access office machinery and file cabinets
• Constantly operate a computer and other office productivity machinery, such as a calculator, photocopier, and printer

Work Environment

• Operates in a professional office environment
• May require travel to branches and other locations
• Routinely uses standard office equipment such as calculators, computers, phones, photocopiers, filing cabinets, and fax machines