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Commercial Loan Administration Specialist

1 month ago


Phoenix, United States Arizona Central Credit Union Full time

Arizona Central Credit Union Ranked Top 10 Credit Unions in AZ for 2024

"Ranking Arizona: Top 10 credit unions for 2024" AZBIGMEDIA

Arizona Central Credit Union offers a comprehensive benefits package, including medical, dental, vision, 401k with up to 6% match, an employee assistance program, and much more.

Role:

This position will perform a variety of loan and deposit duties associated with the strategic goals for Arizona Central Credit Union Business Financial Services.

Summary of Responsibilities:

+ Core System maintenance. Perform necessary account file maintenance and process transfers and/or payments for businesses transactions on the core system.

+ Collections management. Manage and assist in the collection of delinquent business and commercial loans.

+ Purchased and Sold Participation loan processing to include payments, boarding and funding.

+ Prepare loan documents for simple and complex business and commercial loans with appropriate structure, covenants, conditions, and language with the utmost accuracy.

+ Prepare loan boarding packages.

+ Post funding processing.

+ Tickler system management.

+ Perfection of loan collateral in the form of deeds, mortgages, assignment of rents, title liens, UCC Filings, etc.

+ Loan servicing for commercial and portfolio loans, include but not limited to quoting and processing loan payoffs, payments, insurance and property tax related documentation, release of collateral.

+ Maintain a working knowledge of business deposit account functions, systems, and documentation.

+ Provides support with deposit account openings, documentation, maintenance, and update member profile.

+ Maintain a high degree of technical, policy and procedural understanding with respect to business and commercial lending functions.

Knowledge, Skills, and Abilities:

Education: High School Diploma or equivalent.

Experience: Five to eight years commercial loan documentation/servicing/processing experience within the business and commercial lending area with demonstrated experience in advising deposit and loan applicants.

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