Commercial Loan Processing Administrator II

Reston, VA
Apr 05, 2021
Apr 13, 2021
Full Time
MVB is hiring trusted partners on the financial frontier.This role is responsible for providing support to Commercial Loan Officers and other Management Personnel who have Business Loan Portfolios assigned.Duties and responsibilities include:Monitor the future maturity of lines of credit and term loans to ensure proper renewals are completed prior to maturity dates;Maintain accurate reporting of commercial loan pipeline for senior management;Review CARs prior to submission for approval to ensure complete and accurate information is included, specifically loan purpose, risk grade, NAICS code, comparable transaction if needed;Work with loan officers to collect necessary information;Assist lenders in general portfolio and problem loan management, as well as specific loan maintenance and collection activities, focusing on the primary areas of loan quality, yield, growth and client services;Support the Sales Process by recognition of referral opportunities for the bank sales force;Assist lenders with the loan origination process, specifically including production of legal and supporting loan documentation through input to internal systems, and written and/or verbal communication third parties, such as attorneys, insurance agents, appraisers, surveyors, etc.;Following the credit approval and commitment stage, assist lenders with coordinating, attending and processing Business Loan closings, including completion of loan closings on the bank's loan system and accurate disbursement of loan proceeds;Service client needs/requests as related to business loan and deposit services;Work with treasury team to provide necessary information to assist with the referral and cross selling of deposit services to credit clients;Refer relationship to other partners such as mortgage and insurance;Assure documentation quality via follow-up and clearing of exceptions;Assist with the credit renewal process, including monitoring future maturity and line expiration reports, and proactively preparing documentation for lender/client execution;Assist with the credit review process by maintaining updated credit files, including timely filing of credit-related documentation, follow-up on financial statements and initiation of Loan Review Committee packages;Prepare Reports requested by Bank Management (USDA/SBA Reporting, minutes, withdrawn/denied files);Specifically assist by bringing to the appropriate individual's attention any potential client needs recognized through client contact or cursory review of available financial informationPrepare credit-related documents (loan presentations, credit files, correspondence, memos, reports, etc.) in a clear, accurate manner using the most efficient software application or method made availableEnsure a high quality of customer serviceAssist customers throughout the loan process and with any servicing issuesEducation and work experience includes:Undergraduate degree preferredMinimum 5-7 years of experience as a loan assistant or related fieldWorking knowledge of bank lending policies and proceduresStrong proficiency in Microsoft Office software tool, specifically Excel and WordExcellent attention to detail and dependabilityAbility to multi-task, meet tight deadlines and manage multiple prioritiesStrong communication, data analysis and presentation skillsThis role is temporarily remote and provides the potential to permanently work from home, dependent on location.

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