Loan Administrator I

4 weeks ago


Reston, United States John Marshall Bank Full time
Job DescriptionJob DescriptionDescription:

John Marshall Bank has an immediate opening for a Loan Administrator I in the Commercial Real Estate division. In this position you will report directly to the Senior Vice President, Commercial Real Estate Team Lead and will perform various administrative functions necessary to originate new commercial loans and support the relationship management of the lending portfolio. You will work closely with loan officers, assist customers, other departments, and lending service providers to resolve problems assuring consistent communication in a professional and timely manner. In this position you will support the Commercial Real Estate division and have an opportunity to support commercial loan operations functions.

Requirements:

In this role you will:

  • Assist the Department Manager and the Portfolio Manager by providing administrative support as assigned for all aspects of the lending program including credit file set-up and maintenance, maturities, past dues and exceptions. Administers loan closings to include: credit file transfer to Credit
  • Support administrative needs - underwriting requests and maintenance of in-house loan documentation.
  • Perform a variety of filing functions and preparation of various reports Identify credit and non-credit sales opportunities for the Bank and refer to the appropriate individual.
  • Serve as a secondary point of contact for present and potential customers, coordinating correspondence and follow-up activities, both verbal and written, between clients and loan officers.
  • Promote or cross-sell Bank products and services to existing and potential customers.
  • Respond to inquiries from customers, loan officers and/or interdepartmental personnel concerning status of and/or problems arising during the course of commercial loan and deposit transactions.
  • Research circumstances and seek to provide rapid, positive and accurate communications and resolutions to problems encountered.
  • Obtain and review preliminary documentation from customers required to underwrite loans: articles of incorporation, tax reports, census tract information, OFAC searches, appraisals, surveys, title commitments.
  • Notify underwriter of irregularities relative to standard underwriting guidelines.
  • Coordinate external attorney loan documentation related to hazard and flood insurance, OFAC, Good Standing on UCC searches.
  • Responsible for pipeline management ensuring accurate loan closing dates.
  • Follow up on tickler files for each loan to assure adherence to the covenants and conditions pertaining to each loan. Reviews customer files to determine what financial and other information is needed and or required and prepares the correspondence to customers requesting needed information.
  • Contact customers to obtain necessary information such as financial statements, etc. Assure each item is addressed for appropriate action, such as scheduling, updates of applicable financials, certifications of appropriate aspects of the business, etc.
  • Clear Exceptions Report on a regular basis.


Required:

  • Experience in the Commercial Real Estate industry preferred.
  • Familiarity with commercial lending process
  • Comfortability with Microsoft Suite, Excel, Word, PowerPoint
  • Strong communication skills and a superior ability to work effectively and cooperatively within a team environment
  • Excellent attention to detail, deadlines and results
  • A high level of trust, credibility and diplomacy
  • Strong organizational skills with the ability to multitask and prioritize work effectively

Preferred:

  • Bachelor’s Degree
  • Loan documentation experience preferred
  • Laser Pro system experience preferred
  • Notary Public preferred
  • Self-starter with strong administrative and organizational skills and an eagerness to learn
  • Positive attitude with a strong customer service focus


At this time, John Marshall Bank will not sponsor a new applicant for employment authorization for this position.

John Marshall Bank is an Equal Opportunity Employer



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