Assistant Portfolio Manager - Richmond

1 month ago
Job ID
2017-1107
# of Openings
1
Category
Administrative/Clerical
Company
Access National Bank

Position Summary

Primarily responsible for pre-closing and post-closing documentation and servicing by collecting and assembling all pre-closing documentation and by coordinating with loan officers, portfolio managers, borrowers, attorneys, appraisers, title insurance companies and others to bring loans to closing.  Follow up and complement Loan Administration efforts to ensure documentation of loan is complete.  Assistant Portfolio Managers complete these tasks by interacting and coordinating their activities with portfolio managers and loan officers in teams which are designated as Customer Service Teams.

Essential Functions

  • Assist in aggregating information for completing loan application packages including financial statements, tax returns, nature of request, terms, collateral, and other facts.
  • Obtain business and personal credit reports to verify debts and determine applicant’s payment history.
  • Investigate, as needed, to determine viability and value of collateral, environmental reports, surveys, title insurance, field examination, etc.
  • Learn to assemble documentation, upon approval and acceptance of commitment, to bring loan to closing.
  • Coordinate with lender, portfolio manager, borrower, attorneys, appraisers, title companies, and others to complete closing and disbursement of loan funds.
  • Assist in maintaining complete and fully documented credit and collateral files.
  • Assume responsibility for day-to-day administrative servicing of assigned loans.
  • Become familiar with bank products and services and recommend new business opportunities to CSU partners.
  • Provide assistance to prospective and existing clients via telephone and e-mail.
  • Respond to client inquiries and requests for information
  • Pre-closing loan duties, including but not limited to, setting up loan files, ordering title work and insurance, obtaining flood certifications, pulling credit reports, and assisting personnel in the Loan Administration Department to obtain information necessary for settlement.
  • Post-closing loan duties, including, but not limited to, maintaining loan files and following up on loan documentation exceptions.
  • General administrative support.
  • Other duties as assigned.

Qualifications

  • College degree with a major in Business, Economics, Finance, or other related field or High School degree and equivalent experience.
  • Must have at least 1 year experience in banking or financial institution
  • Must have at least 1 year experience in a commercial lending environment.
  • Be able to process transactions into Credit Quest
  • Willingness to learn bank regulations and terminology
  • Must be familiar with bank regulations and responsibilities associated with loan origination and servicing function.      
  • Must have the ability to work independently and within a team environment.
  • Good verbal and written communication
  • Self-starter
  • Proficient in math.
  • Detail oriented.
  • Excellent interpersonal, analytical and problem-solving skills
  • PC proficient including Microsoft Office and the use of the Internet

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