Summary
At Dedham Savings, we believe that being here for the journey means supporting our clients in a friendly and professional manner every day. While our employees are committed to helping our clients, we are committed to our employees. To support our employees, we offer a competitive benefits package with Medical, Dental, Vision, Flexible Spending, Tuition Reimbursement, Childcare, Retirement, Life Insurance, and many other benefits.
PURPOSE
Under the general direction of the Senior Commercial Loan Specialist, with further direction from the Commercial Lending Team Leader or Senior Commercial Lending Officer, helps in the administration of commercial loans in conformance with established Bank policies, strategies, and procedures. Performs any functions necessary, within the scope of authority and expertise, to provide the highest level of customer service and responsiveness to the financial needs of individuals, families, businesses, and organizations served by the Bank.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Perform administrative duties for the Commercial Lending Department including loan administration, customer calling, management of daily transactions for the commercial customer base, and resolving any issues that arise.
- Prepare legal documentation and perfect security interests for commercial loan closings in compliance with State Laws and Bank Policy.
- Oversee and manage loans in the application or renewal process by ensuring that all required reports are ordered on time, all government regulations are being complied with, and closing conditions as stipulated are met before closing.
- Act as intermediary contact for all commercial customers for all bank needs and products, cross-sell Bank products as opportunities arise.
- Responsible for maintenance of the Commercial Pipeline Report and Commercial Construction Loan Portfolio Status Report.
- Review new loan/maintenance reports generated from operating systems to assure compliance with Loan Policy and Regulatory Requirements.
- Responsible for post-approval processing and funding of loan commitments.
- Monitor daily DDA activity and make appropriate determinations of actions to be taken on each commercial account with approval from the Loan Officer.
- Book commercial loans into the commercial loan operating system (Abrigo & LaserPro).
- Prepare all necessary commercial loan notes and related documents (C&I) to ensure efficient and accurate processing of loans.
- Responsible for departmental monthly HMDA-LAR reporting.
- Prepare construction loan advances and revolving line of credit advances for processing.
- Review commercial account overdrafts and monitor daily balance requirements.
- Review and maintain all new commercial loans and commercial real estate loans for the required documentation, collateral, and insurance.
- Order flood determinations, environmental screenings, credit reports, and other reports required in the loan application/term letter process.
- Ensure that the Commercial Lending activities are carried out under all regulatory, legal, and governmental regulations.
- Assist in all facets of commercial banking and business loan processing including origination, processing, and closing.
- Provide administration support to loan staff and assist the lender with the lending function of the department.
- Follow current loans and credit lines to ensure complete compliance with terms.
- Assist the Loan Operations in the resolution of any commercial loan-related problems.
- Adhere to the Bank’s privacy and data security policies.
QUALIFICATIONS
- High school diploma or GED; or one to three months related experience and/or training; or equivalent combination of education and experience.
- Strong written and verbal communication skills.
- Ability to work independently.
- Advanced Excel, Word, and PowerPoint skills.
- Strong teamwork and interpersonal skills.
- Good planning and organizational skills.
- Ability to organize time and work independently.
- Ability to work well as a member of the loan servicing team.
- Ability to prepare management reports accurately and timely.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this Job, the employee is regularly required to sit. The employee is occasionally required to stand, walk; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee must occasionally lift and/or move up to 10 pounds.
Work Environment
The work environment characteristics described here are representative of those employee encounters while performing the essential functions of this job.
The noise level in the work environment is usually moderate.
Dedham Savings is committed to providing equal opportunity for all employees and applicants without regard to race, color, religion, gender, sexual orientation, age, marital status, national origin, physical or mental disability, veteran or disability status, gender identity, or expression, citizenship, genetic information, ancestral origin, military status, pregnancy, childbirth, and or conditions relating to pregnancy or any other related medical conditions or any other status protected by Federal, State or local laws.
Dedham Savings strives to foster a culture where every voice is valued and where employees have a sense of belonging and connection with each other.
EOE/F/M/Vet/Disabled
#J-18808-Ljbffr
