Business Lending Portfolio

1 month ago

Erie, United States Erie Federal Credit Union Full time
Job DescriptionJob Description

GENERAL SUMMARY

This position is responsible for servicing the business lending portfolio in regard to administration and reporting, along with providing support to the overall business lending function.

ESSENTIAL FUNCTIONS

  • Review and monitor the Daily Records for business borrowers and/or potential new borrowers. Send and update monitoring reports/Watch lists as seen fit.
  • Assist in gathering annual review financial documents, organizing files, and assist in submission to the CUSO for underwriting. Once underwriting is complete, review package for discrepancies and assist with preparing "Memo" for Lending Committee approval. Update annual review log as necessary.
  • Assist with preparation and submission of internal/ limited reviews along with process any changes, adjustments and amendments to existing notes (for LOCs).
  • Create & monitor the weekly delinquency reports for payment delinquencies. Make calls to members, input collection notes, and coordinate payment arrangements through the Member Solutions department.
  • Track and manage insurance on all loans (hazard, liability, life, vehicle, equipment) and contact borrowers for any updates, lapses, etc.
  • Prepare various financial, regulatory, and special reports on a weekly, monthly, and quarterly basis, as requested for meetings, audits, etc.
  • Assist the branches with processing business loan payments, and posting business payments manually, including participation loan payments.
  • Reconcile and balance month-end GL accounts for the business lending department.
  • Reconcile daily payments (DAR) for accuracy of posting. Report any inconsistencies or errors to CUSO.
  • Prepare and gather reports for the monthly business loan committee meeting. After meeting, complete meeting minutes and send to the committee.
  • Complete LOC draw requests and communicate back to the members when completed.
  • Answer business members' questions and fulfill information requests via telephone, e-mail and in person.
  • Perform a variety of clerical duties requiring knowledge of department procedures and policies.
  • Provide business lending support and expertise to general credit union staff and serves as a liaison to the branches. Also works with staff on cross-divisional issues.
  • Maintain current knowledge of the Erie FCU Business Lending Loan Policy and internal lending procedures.
  • Performs all duties in accordance with prescribed commercial banking regulatory compliance guidelines. Ensures all commercial loan relationships are in full compliance with applicable federal and state laws and regulatory guidelines are in compliance with Credit Union policies.
  • Maintain current knowledge of and compliance with all Credit Union policies and procedures, including compliance with the Bank Secrecy Act and all federal laws and regulations as set forth by the NCUA and other regulatory agencies.

NOTE: The list of essential functions is not exhaustive. It may be supplemented as necessary.

ADDITIONAL FUNCTIONS

  • Keeps abreast of appropriate laws and regulations affecting business lending at the credit union in general and the extension of business credit in particular. Attends relevant courses and seminars to build expertise as necessary.

JOB SPECIFICATIONS

  • Requires professional, well-developed interpersonal, speaking and writing skills for communicating with businesses, members, co-workers, vendors and other individuals involved in the business lending process.
  • Requires completion of high school education; college degree or higher education preferred.
  • Requires at least two years of general lending experience with one year in business lending preferred.
  • Must possess intermediate technology skills, including knowledge of Microsoft Office products, database and spreadsheet applications.
  • Intermediate mathematical skills required.
  • Ability to multi-task and adhere to time constraints.
  • Must work well independently and possess strong decision-making skills.
  • Must possess excellent organizational skills and have strong attention to detail.

PHYSICAL REQUIREMENTS
Sitting = Continuous Crawling = Occasional
Standing = Frequent Climbing = Occasional
Walking = Frequent Balancing = Occasional
Driving an automobile = Occasional Reaching Overhead = Occasional
Lifting/Carrying = Occasional Reaching Forward = Occasional
Amount of Weight = 15-25 lbs. Kneeling = Occasional
Squatting = Occasional Push/Pull = Occasional
Bending = Occasional Twisting = Occasional

DISCLAIMER
The above information on this description has been designed to indicate the general nature and level of work performed by employees in this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

  • Regional Commercial Relationship Manager

    5 days ago

    Erie, United States Northwest LLC Full time

    The Regional Commercial Relationship Manager is responsible for serving as a trusted business advisor to clients and provide a full breadth of banking solutions to meeting their financial objectives and needs while establishing a network of referral sources and Centers of Influence with regular calling efforts to generate new business opportunities. The...

  • Regional Commercial Relationship Manager

    7 days ago

    Erie, United States Northwest Bank Full time

    Description The Regional Commercial Relationship Manager is responsible for serving as a trusted business advisor to clients and provide a full breadth of banking solutions to meeting their financial objectives and needs while establishing a network of referral sources and Centers of Influence with regular calling efforts to generate new business...

  • Member Service Officer I

    4 weeks ago

    Erie, United States Erie Federal Credit Union Full time

    Job DescriptionJob DescriptionGENERAL SUMMARYServe as a liaison between the member and the credit union. Responsible for providing account information by phone or in person, opening new accounts, and providing information on the full range of credit union products and services. Resolve member's issues and professionally handle the member's daily...

  • Director, Marketing and Sales

    1 week ago

    Erie, United States Mediabistro Full time

    Erie Regional Chamber and Growth PartnershipDirector, Marketing and Sales / $55K-$70K per year / Erie, PAMust Haves:Media RelationsSocial Media MarketingAgency/Vendor Management ExperienceEducation: Some CollegeWhy Us:Job Description:Please note: you only need to submit your application once. We will begin to notify candidates before the end of the month...

  • Director, Marketing and Sales

    7 days ago

    Erie, United States Mediabistro Full time

    Erie Regional Chamber and Growth PartnershipDirector, Marketing and Sales / $55K-$70K per year / Erie, PAMust Haves:Media RelationsSocial Media MarketingAgency/Vendor Management ExperienceEducation: Some CollegeWhy Us:Job Description:Please note: you only need to submit your application once. We will begin to notify candidates before the end of the month...

  • Director, Marketing and Sales

    6 days ago

    Erie, United States Mediabistro Full time

    Erie Regional Chamber and Growth PartnershipDirector, Marketing and Sales / $55K-$70K per year / Erie, PAMust Haves:Media RelationsSocial Media MarketingAgency/Vendor Management ExperienceEducation: Some CollegeWhy Us:Job Description:Please note: you only need to submit your application once. We will begin to notify candidates before the end of the month...

  • Director, Marketing and Sales

    3 days ago

    Erie, United States Erie Regional Chamber & Growth Partnership Full time

    Erie Regional Chamber and Growth Partnership Director, Marketing and Sales / $55K-$70K per year / Erie, PA Must Haves: Media RelationsSocial Media MarketingAgency/Vendor Management Experience Education: Some College Why Us: Job Description: Please note: you only need to submit your application once. We will begin to notify candidates before the end of the...

  • Director, Marketing and Sales

    1 day ago

    Erie, United States Erie Regional Chamber & Growth Partnership Full time

    Erie Regional Chamber and Growth Partnership Director, Marketing and Sales / $55K-$70K per year / Erie, PA Must Haves: Media RelationsSocial Media MarketingAgency/Vendor Management Experience Education: Some College Why Us: Job Description: Please note: you only need to submit your application once. We will begin to notify candidates before the end of the...

  • Senior Lead Guidewire Developer _ Direct Hire _ Onsite _ Erie, PA

    2 weeks ago

    Erie, United States Kaeppel Consulting, LLC Full time

    Kaeppel Consulting is actively seeking a "Senior Lead GuideWire Developer" for a client in the Insurance industry. This is a Direct-Hire role, an Onsite position in Erie, PA. Position Summary Translates and develops requirements into workable software solutions. Maintains and develops programs for use in business and IT automation. Incorporates various...

  • Senior Lead Guidewire Developer _ Direct Hire _ Onsite _ Erie, PA

    3 weeks ago

    Erie, United States Kaeppel Consulting Full time

    Job DescriptionJob DescriptionKaeppel Consulting is actively seeking a "Senior Lead GuideWire Developer" for a client in the Insurance industry. This is a Direct-Hire role, an Onsite position in Erie, PA.Position SummaryTranslates and develops requirements into workable software solutions. Maintains and develops programs for use in business and IT...

  • Senior Lead Guidewire Developer _ Direct Hire _ Onsite _ Erie, PA

    4 days ago

    Erie, United States Kaeppel Consulting, LLC Full time

    Kaeppel Consulting is actively seeking a "Senior Lead GuideWire Developer" for a client in the Insurance industry. This is a Direct-Hire role, an Onsite position in Erie, PA. Position Summary Translates and develops requirements into workable software solutions. Maintains and develops programs for use in business and IT automation. Incorporates various...

  • Janitorial Technician

    2 weeks ago

    Erie, United States Altair Real Estate Services Full time

    I. OBJECTIVE The Janitorial Lead is a role within the janitorial team working independently on projects, and as part of a small team, at specific properties, and under the direction of Janitorial Manager. 1. Provide prompt response to cleaning and sanitation issues at client properties. 2. Complete regular, emerging, and special cleaning tasks as assigned....

  • TANF Career Navigator

    4 days ago

    Erie, United States Equus Full time

    Company Description We help job seekers and career changers prepare for and advance in careers with a focus on sustainable, high-growth, high-demand industries. Our committed and well-trained workforce professionals deliver comprehensive workforce solutions at integrated career centers, sector-focused centers and community, and partner sites. Job Description...

  • TANF Career Navigator

    3 days ago

    Erie, United States Equus Full time

    Company Description We help job seekers and career changers prepare for and advance in careers with a focus on sustainable, high-growth, high-demand industries. Our committed and well-trained workforce professionals deliver comprehensive workforce solutions at integrated career centers, sector-focused centers and community, and partner sites. Job Description...

  • Director of Culinary

    4 weeks ago

    Erie, Pennsylvania, United States Forefront Healthcare & Culinary Services Full time

    Job Description Come elevate your career with our company that has won the #1 "Best places to work by Modern Healthcare!" Forefront Healthcare is looking for an enthusiastic leader to join our team. We have an exciting opportunity for a Director of Culinary at a senior living community in Erie, PA. We are looking for a strong food/culinary...