Credit Specialist III

2 weeks ago


Tulsa, United States Financial Staffing LLC Full time

Credit Specialist III (Credit Administration)


Summary: A Credit Specialist III assists the Managing Director of Credit Administration, Credit Specialist Lead, and Loan Processing Team ensuring compliance with the Bank’s loan policy and all regulatory requirements.


Primary Responsibilities:

  • Performs daily post-closing review of new and renewed loans, reviews reports for misapplied or unposted transactions, and monitors internal accounts for incoming fees.
  • Prepares and revises monthly reporting for FHLB, SBA, and PCBB. Builds internal reports to identify potential missing/incorrect data pertaining to loan accounts. Manages monthly exceptions report and add or remove exceptions, as necessary.
  • Reviews loan agreements and adds covenants to tickler system. Satisfies ticklers as financial and collateral documentation is received.
  • Facilitates appraisal requests by engaging with appraisers, ordering appraisal reports and reviews, and maintaining records of correspondence to remain within compliance.
  • Periodically verifies documents are being uploaded properly, accounts are being routinely balanced, and all ticklers are being added/satisfied.
  • Performs the responsibilities of a Credit Specialist I as required and necessary.
  • Performs clerical duties including answering phones, assisting customers with questions and balance inquiries, or transferring to appropriate department/employee.
  • Files both physical and electronic loan documents as well as verifying that they have been filed correctly and clearly within the e-filing system.
  • Assists operations staff with daily responsibilities involving mailing notices, posting transactions, paying invoices, and facilitating officer or processor requests.
  • Performs the responsibilities of a Credit Specialist II as required and necessary.
  • Monitors and reconciles general ledger accounts, internal loan accounts, floor plans, and holding accounts. Resolves discrepancies as necessary and tracking reconciliation reports.
  • Reviews daily reports for transactional or system errors and providing management with reports necessary for compliance.
  • Performs operational duties including mailing paid outs, filing mortgages and UCCs, tracking property and flood insurance, processing participation payments, and facilitating officer or processor requests.
  • Processes of mortgage escrow. Issues payments for insurance and taxes. Performs annual reviews.
  • Performance of all job duties and responsibilities by being physically present at the Bank an average of 40 hours each week based on business needs.
  • Other responsibilities as requested and assigned by management.


Requirements

  • Bachelor’s Degree in finance, accounting, or other business-related fields (preferred).
  • 3-4 years of banking experience.
  • Accuracy and Attention to Detail.
  • Strong time management skills to meet all deadlines.
  • Communication Proficiency.
  • Problem Solving/Analysis.
  • Adaptability.
  • Excellent customer service skills.



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