Location:
355 North Fifth Street
Indiana, PA 15701
Hours:
Monday - Friday: 8:00AM - 5:00PM
(Additional hours as necessary to meet the objectives of the department)
Function:
Assists Funding Supervisor in the daily functions of the Commercial Loan Funding
management area. Funds, processes, and maintains records for commercial loans
(Laser Pro) to ensure accuracy, consistency and compliance in the loan
processing system, according to General Lending Policy, regulations and
approval.
Duties and Responsibilities:
* Acquires and maintains proficiency in all state and federal regulations and
Bank lending policy.
* Acquires and maintains proficiency in all commercial loan products.
* Acquires and maintains proficiency in Laser Pro documentation software,
Microsoft Word, Excel, Optima, B2B, IBS inquires, email, intranet and
internet applications.
* Completes searches and inquiries regarding flood determination, UCC-1
searches, corporate name searches, domestic lien searches and OFAC searches.
* Reviews Laser Pro documents to ensure all documents have been properly
executed.
* Prepares and processes all funding requests through the Financial Transaction
Management system (FTM), online dollar transactions and general ledger
entries. Issues checks to vendors and other institutions for payoffs.
Maintains balancing log.
* Remits mortgages, assignments, subordinations, UCC-1’s, titles, and all other
documents requiring recordation. Submits acknowledgments to life insurance
companies, other financial institutions, and brokerage firms for verification
of the Bank’s collateral lien position. Orders bringdowns on mortgages.
* Verifies agreement between collateral documents and commercial loan pledge
agreements.
* Performs pre-funding reviews on Laser Pro documents to ensure all pre-closing
conditions have been satisfied
* Prepares loan file within nCino for system processing.
* Follows up and completes all loan exceptions.
* Interacts with bank personnel, insurance agents, attorneys, abstractors,
title companies, brokerage firms, other financial institutions, federal,
state and local regulators, as well as customers for information needed to
have the loan funded and processed.
* Maintains a good working relationship with bank employees. Demonstrates
strong interpersonal skills with the ability to work independently, as well
as motivated to work as a team player to contribute to the success of the
department and in turn, the organization.
* Performs all additional duties as required.
Education:
Requires a high school diploma or equivalent basic academic education.
Experience:
Requires a minimum of one to two years of general business experience, with
banking and loan experience preferred.
Physical Demands:
Operates a keypad device, electronic equipment, office equipment: 90% of the
day. Requires the use of manual dexterity skills for typing and filing up to 60%
of the business day. Specific vision requirements include close vision of
18”-20” for computer work. Reasonable accommodations may be made to enable
individuals with disabilities to perform essential functions.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against
employees or applicants because they have inquired about, discussed, or
disclosed their own pay or the pay of another employee or applicant. However,
employees who have access to the compensation information of other employees or
applicants as a part of their essential job functions cannot disclose the pay of
other employees or applicants to individuals who do not otherwise have access to
compensation information, unless the disclosure is (a) in response to a formal
complaint or charge, (b) in furtherance of an investigation, proceeding,
hearing, or action, including an investigation conducted by the employer, or (c)
consistent with the contractor’s legal duty to furnish information. 41 CFR
60-1.35(c)
Salary Range:
$15.00 - $27.76