Tuesday, May 11, 2010

Loan Administration Officer - Indianapolis

Loan Administration Officer
Commercial Banking
Indianapolis, Indiana



POSITION SUMMARY
This individual is responsible for managing assigned work out credits to ensure that the quality of loan administration processes is maintained and the documentation of loans meets established requirements and standards. The incumbent provides the highest quality of service to every customer.


ESSENTIAL DUTIES & RESPONSIBILITIES:
Develops plans of action with borrowers which present a program to ensure no loss to the Bank or to recover the maximum amount with minimum loss where possible. May also work with outside professionals to develop plans.

•Makes presentations at various Loan Committee meetings regarding proposed plans of action and/or status reports on those plans.

•Works with internal staff regarding action plans for problem loans remaining with line officers.

•Ensures adherence to policies and procedures, maintaining accounting records, controlling collateral, and ensuring proper loan approval and retention of documents in an accurate and timely manner, in order to ensure that proper policies, procedures and documentation exist to support the lending process.

•Ensures the process of accepting, safekeeping and releasing collateral which includes the recording of all recordable instruments, preparing reports, maintaining insurance, reporting and documenting HDMA and other files in an accurate and timely manner in order to ensure the control and maintenance of all notes, general ledger and other loan documentation.

•Prepares the computer processing of loans, payments, customer information and daily loan balancing, communicating with senior management and personnel regarding enhancements and/or amendments, including charge-offs, non-accruals
and interest adjustments. May also resolve problems in order to ensure the integrity of loan processing procedures while providing excellent customer service.

Additional Responsibilities: Special projects as assigned by the Vice President, Loan Administration.


REQUIREMENTS:

Bachelor’s degree in business or accounting, or equivalent work/educational experience

•Five-plus years of position-related experience which includes lending and/or credit analysis experience with a banking institution.

•Ability to influence lenders to correct problems and deficiencies in a loan package.

•Knowledge and understanding of compliance issues and regulations, as well as the Bank's lending policies and procedures.

•Knowledge of the Bank's audit policies and procedures.

•High degree of accuracy and attention to detail.

•Ability to organize and prioritize tasks.

•Working knowledge of computer applications, plus proven experience effectively using a personal computer.

This individual must have the ability to interact effectively on a routine basis with colleagues, senior management, clients, and the public. Must have the ability to work independently and without supervision. Must have excellent written and verbal communication skills. Must be able to work individually and as part of the team. Must have exceptional relationship building skills.

Should have a high degree of computer literacy with an attention to detail. Must be able to handle multiple functions simultaneously and maintain good organizational skills. Should be a creative thinker, interested in sharing new ideas. Must have good time management skills. Must strive to understand interrelationships of the organization.

Physical requirements include the ability to use a keyboard and telephone. Ability to sit for up to four hours at a time performing desk and computer related duties. Must be able to travel independently throughout the office and extensively over the road to prospect and company locations.

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit, use hands to finger, handle or feel, and talk or hear. The employee is regularly required to stand, walk, and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

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