Credit Administrator

1 month ago

Minnetonka, Minnesota, United States Alerus Financial Full time

Position Summary:
The Credit Administrator provides support to business loan underwriting and sales staff in efficiently reviewing loan requests and servicing existing credit relationships.

Essential Responsibilities:
Job Function: Support Business Loan Underwriting and Advisor Staff - 75%

  • Manage financial statement information needs and monitoring requirements of credit portfolio.
  • Assist underwriters with completion of information reviews on submitted business loan applications by determining information requirements and indicating received or incomplete documentation found in the imaging system.
  • Assess information received through documentation imaging system, update and maintain tickler tracking system, and communicate findings to Underwriters, Analysts and Business Advisors as appropriate.
  • Process and distribute incoming electronic mail for credit team including advance requests, collateral orders and client provided monitoring documents.
  • Monitor annual credit review needs to manage information requirements, perform file review to confirm accuracy of ticklers as needed per annual review requirements; ensure imaged documents are retained according to procedures.
  • Manage the information flow associated with purchased and sold participation loans. This includes among other things the forwarding of credit presentations and supporting borrower information.
  • Review credit decisions and loan agreements to identify, create and maintain required monitoring ticklers.
  • Submit requests for coding of loan review management report data, accurate risk rating codes and other loan codes to Loan Operations.
  • Order, receive and image necessary third-party reports: UCC-11 lien searches, personal credit bureau reports, Dunn & Bradstreet reports.
  • Process Dunn & Bradstreet Alert Services Notices and inform underwriters of changes.
  • Process all real estate related orders such as appraisals, valuations, title work, and flood determinations. Conduct appraisal bidding process by obtaining quotes and turnaround time estimates when necessary for determining appropriate appraiser engagement.
  • Perform initial and secondary commercial insurance follow-up on expired policies and handoff to Business Advisor and Underwriter when necessary.
  • Manage business's line of credit funding availability and control advances within borrowing base certificate allowances.

Job Function 2: Conduct Regulatory Compliance and Monitoring - 25%

  • Monitor all business loan applications for Regulation B applicability and prepare and mail necessary notices; incomplete applications and adverse actions.
  • Monitor applications for applicability of Regulation B requirements related to appraisal disclosure notice and mail when required, mail the applicant a copy of the property valuation, monitor appropriate time period for earliest closing date, and communicate requirements to Business Advisor and Underwriter.

Position Requirements:
Qualifications:

  • College degree in business, accounting, or finance preferred; or equivalent experience working with business or residential loans or business accounting or records systems.
  • Knowledge of business or residential loan documentation and construction lending.
  • 3+ years of experience in business or residential lending documentation preferred.
  • 1+ years of experience in construction loan administration preferred.
  • Working knowledge of computer software programs with specific emphasis on spreadsheet and word processing programs.

Personal Characteristics:

  • Good written and oral skills.
  • Good time management skills
  • Disciplined organizational skills.
  • Highly attentive to detail.
  • Positive attitude and team player.

Physical Demands - Must be met with or without a reasonable accommodation:

  • Extended periods of time sitting at a desk and using office equipment.
  • Ability to operate a personal computer/laptop for approximately 8 hours per day.
  • Extended time is spent reviewing physical and electronics documents.
  • The employee is occasionally required to stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl. Vision abilities required by this job include close vision.
  • Periodically, may also do light lifting of supplies and materials which weighs in at approximately 20 lbs.
  • Will spend most of time in an indoor environment.

Alerus Financial is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.



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 c)

  • Business Credit Coordinator

    1 week ago

    Minnetonka, Minnesota, United States Alerus Full time

    The Credit Administrator plays a crucial role in assisting the business loan underwriting and sales teams by effectively evaluating loan applications and managing ongoing credit relationships.Key Responsibilities:Job Function: Facilitate Business Loan UnderwritingSupport the Credit Administration processMonitor and manage business banking...

  • Credit Portfolio Manager

    4 days ago

    Minnetonka, Minnesota, United States Alerus Full time

    Job SummaryWe are seeking a highly organized and detail-oriented Credit Administrator to join our team at Alerus Financial. As a Credit Administrator, you will play a critical role in supporting our business loan underwriting and sales staff in efficiently reviewing loan requests and servicing existing credit relationships.Key ResponsibilitiesFinancial...

  • Credit Portfolio Manager

    4 days ago

    Minnetonka, Minnesota, United States Alerus Full time

    Job SummaryThe Credit Administrator provides critical support to business loan underwriting and sales staff in efficiently reviewing loan requests and servicing existing credit relationships.Key ResponsibilitiesLoan Review and SupportManage financial statement information needs and monitoring requirements of credit portfolio.Assist underwriters with...

  • Credit Portfolio Manager

    5 days ago

    Minnetonka, Minnesota, United States Alerus Full time

    Job SummaryWe are seeking a highly organized and detail-oriented Credit Administrator to join our team at Alerus Financial. As a Credit Administrator, you will play a critical role in supporting our business loan underwriting and sales staff in efficiently reviewing loan requests and servicing existing credit relationships.Key ResponsibilitiesFinancial...

  • Loan Support Administrator

    1 week ago

    Minnetonka, Minnesota, United States Alerus Full time

    The Credit Administrator plays a crucial role in assisting the business loan underwriting and sales teams by effectively evaluating loan applications and managing ongoing credit relationships.Key Responsibilities:Job Function: Facilitate Business Loan Underwriting processes.Provide administrative support in credit monitoring.Engage with business banking...

  • Collateral Risk Associate

    3 weeks ago

    Minnetonka, Minnesota, United States Alerus Financial Full time

    Position Summary:The Collateral Risk Associate will have a major role in our real estate valuation and environmental due diligence processes used to support loan acquisition and origination decisions based on applicable criteria and risk appetite. In this role, the primary responsibilities include coordinating, reviewing, and reporting real estate values and...

  • Paraprofessional Support Specialist

    1 day ago

    Minnetonka, Minnesota, United States Soliant Full time

    Job SummaryThe Paraprofessional Support Specialist provides critical support to teachers and students in a classroom setting, assisting with instructional activities and ensuring a positive and productive learning environment. This role is crucial in helping students achieve their educational goals and addressing individual needs.Key ResponsibilitiesAssist...

  • Educational Assistant

    21 hours ago

    Minnetonka, Minnesota, United States Soliant Full time

    Job SummaryThe Paraprofessional Support Specialist provides critical support to teachers and students in a classroom setting, assisting with instructional activities and ensuring a positive and productive learning environment. This role is crucial in helping students achieve their educational goals and addressing individual needs.Key ResponsibilitiesAssist...

  • Credit Administrator

    4 weeks ago

    Minnetonka, United States Alerus Full time

    The Credit Administrator provides support to business loan underwriting and sales staff in efficiently reviewing loan requests and servicing existing credit relationships. Essential Responsibilities:Job Function: Support Business Loan Underwriting an Administrator, Credit, Monitoring, Business, Banking, Business Services, Information, Underwriter

  • Credit Administrator

    4 days ago

    Minnetonka, United States Alerus Full time

    Description Position Summary: The Credit Administrator provides support to business loan underwriting and sales staff in efficiently reviewing loan requests and servicing existing credit relationships. Essential Responsibilities: Job Function: Support Business Loan Underwriting and Advisor Staff - 75% Manage financial statement information needs and...

  • Credit Administrator

    4 weeks ago

    Minnetonka, United States Alerus Financial Full time

    Description Position Summary:The Credit Administrator provides support to business loan underwriting and sales staff in efficiently reviewing loan requests and servicing existing credit relationships. Essential Responsibilities:Job Function: Support Business Loan Underwriting and Advisor Staff - 75% Manage financial statement information needs and monitoring...

  • Credit Administrator

    7 days ago

    Minnetonka, United States Alerus Full time

    Description Position Summary: The Credit Administrator provides support to business loan underwriting and sales staff in efficiently reviewing loan requests and servicing existing credit relationships. Essential Responsibilities: Job Function: Support Business Loan Underwriting and Advisor Staff - 75% Manage financial statement information needs and...

  • Branch Office Administrator

    1 week ago

    Minnetonka, United States Edward Jones Full time

    **Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you on our team** **.** At Edward Jones, we are very intentional in calling our field associates branch teams. Most of our teams are two or three people, and in a Branch Office Support Professional role, you are a critical member of that...

  • Branch Office Administrator

    2 weeks ago

    Minnetonka, United States Edward Jones Full time

    Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you on our team.At Edward Jones, we are very intentional in calling our field associates branch teams. Most of our teams are two or three people, and in a Branch Office Support Professional role, you are a critical member of that team along...

  • Staff Accountant

    2 months ago

    Minnetonka, United States Walker Methodist Full time

    Scope: * Perform and assist with the general ledger and financial statement preparation for complete, accurate, and timely financial records for KNWM and affiliates. * Perform and assist with accounts payable duties for KNWM and affiliates. * Perform and assist with credit card and employee reimbursements for KNWM and affiliates. Key Responsibilities: *...

  • Capital Management Analyst Sr.

    2 months ago

    Minnetonka, United States Huntington Bancshares Inc. Full time

    Description The Capital Management Analyst Sr. position reports to the Capital Management & Treasury Risk Director and is the lead analyst to support the Bank's capital management strategy, framework, and execution, including the optimization of target capital levels (inclusive of capital stress testing), composition and mix of capital sources, and capital...

  • Caregiver Emerald Crest Minnetonka

    1 week ago

    Minnetonka, United States Emerald Crest Full time

    Emerald Crest of Minnetonka is hiring dedicated  Part-Time Caregivers (CNA/ HHA/ PCA) to join our team who care for memory care residents in home-like settings. In addition to generous benefits, and increased wages!  There are  Part-Time  benefit eligible positions available. There's a $1 shift differential for Evening, day and  NOC shift.   Part Time...

  • Titling Manager

    2 months ago

    Minnetonka, United States Channel | Your Partner in Funding Full time

    Position ResponsibilitiesThe Titling Manager is responsible for overseeing all aspects of the titling process for financed equipment assets across business units. This role involves managing the accurate and timely processing of titles, ensuring compliance with state and federal regulations, and maintaining detailed records of all transactions. The Titling...

  • Titling Manager

    2 months ago

    Minnetonka, United States Channel | Your Partner in Funding Full time

    Position ResponsibilitiesThe Titling Manager is responsible for overseeing all aspects of the titling process for financed equipment assets across business units. This role involves managing the accurate and timely processing of titles, ensuring compliance with state and federal regulations, and maintaining detailed records of all transactions. The Titling...

  • Paraprofessional near Minnetonka, Minnesota

    2 weeks ago

    Minnetonka, United States Soliant Full time

    Minimum 1+ years paraprofessional or special education experience required.Job Title: Paraprofessional Job Summary: The Paraprofessional provides support to teachers and students in a classroom setting, assisting with instructional activities and ensuring a positive and productive learning environment. This role is crucial in helping students achieve their...

  • Collateral Risk Associate

    3 weeks ago

    Minnetonka, United States Alerus Financial Full time

    Description Position Summary:The Collateral Risk Associate will have a major role in our real estate valuation and environmental due diligence processes used to support loan acquisition and origination decisions based on applicable criteria and risk appetite. In this role, the primary responsibilities include coordinating, reviewing, and reporting real...

  • Caregiver (CNA/ HHA/ PCA)

    7 days ago

    Minnetonka, United States Augustana Care Corporation Full time

    Emerald Crest of Minnetonka is hiring dedicated Part-Time Caregivers (CNA/ HHA/ PCA) to join our team who care for memory care residents in home-like settings. In addition to generous benefits, and increased wages! There are Part-Time benefit eligible positions available. There's a $1 shift differential for Evening, day and NOC shift. Part Time Shifts:...

  • Caregiver (CNA/ HHA/ PCA)

    4 days ago

    Minnetonka, United States Augustana Care Corporation Full time

    Emerald Crest of Minnetonka is hiring dedicated Part-Time Caregivers (CNA/ HHA/ PCA) to join our team who care for memory care residents in home-like settings. In addition to generous benefits, and increased wages! There are Part-Time benefit eligible positions available. There's a $1 shift differential for Evening, Day and NOC shift. Part Time Shifts:...

  • Sales Operations Manager

    2 weeks ago

    Minnetonka, United States Channel | Your Partner in Funding Full time

    The Sales Operations Manager will have a deep understanding of Sales Operations processes and technology and will be responsible for driving initiatives around optimizing those systems for the Channel and Elite business units. This position drives corporate alignment through leading the strategic planning, execution, and communication of sales business...

  • Sales Operations Manager

    2 weeks ago

    Minnetonka, United States Channel | Your Partner in Funding Full time

    The Sales Operations Manager will have a deep understanding of Sales Operations processes and technology and will be responsible for driving initiatives around optimizing those systems for the Channel and Elite business units. This position drives corporate alignment through leading the strategic planning, execution, and communication of sales business...

  • Director, Regulatory

    3 months ago

    Minnetonka Mills, United States Michael Foods Inc. Full time

    Business Unit Overview: Michael Foods, Inc. is a leader in the food processing and distribution industry with business in egg products, refrigerated grocery and potato products. We offer exciting job possibilities throughout our organization where you can enhance your career, sharpen your talents and make an impact. Join our company and be part of an...