Loan Operations Specialist I

Company: Progressive Bank
Location: Monroe
Posted on: July 29, 2022

Job Description:

Summary of Position

This position is responsible for the set up (booking) and maintenance of all loans; daily, weekly, and monthly general ledger reconciliations; weekly and monthly loan reports; review and approval of Construction line advances and Asset Based line advances.

Essential Duties & Responsibilities

Process/book loans on the core system reviewing for accuracy according to application and approval
Prepare weekly and monthly management reports on all new, renewed, and extended loans
Daily, weekly and/or monthly reconcile various general ledger loan accounts
Maintenance all loans for address changes, late fee waivers, payment reversals/corrections, non-accrual, and charge-offs, etc. reviewing for all regulatory and bank policies
Process all loan participation payments/advances
Research/correct non-post items and return/reverse NSF loan payments
Customer service/research including internal and external calls
Review and approve paperless loan advances including Construction advances and Asset Based Line advances according to Bank procedures and policy
Timely completion and passing score of online annual bank courses/training

Other duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Competencies:

Technical Capacity
Thoroughness
Decision Making
Communications Proficiency
Stress Management/Composure.

Supervision Received:

Works under supervision of the Loan Operations Manager

Required Education and Experience:

High School Diploma
Associates Degree Preferred
Minimum of 1 years of financial institution/banking experience
Prefer 1 years of loan operations accounting experience

Knowledge, Skills and Abilities:

Ability to apply knowledge of commercial and consumer lending to loan booking/maintenance
Ability to learn and proficiently apply all regulatory guidelines/banking procedures to loan booking/maintenance
Ability to work independently
Strong organizational skills
Strong attention to detail
Ability to deal with employees and public in a courteous, tactful and patient manner
Ability to communicate effectively verbally and in writing
Proficient in use of Excel, Word, Outlook

Work Environment

This position operates in a professional office environment. The role routinely uses standard office equipment such as computers, phones, copiers, fax machines and scanner equipment. The noise level in the work environment is usually moderate.

Position Type/Expected Hours of Work

Fulltime Status - Days of work are Monday - Friday 8:00 a.m. to 5:00 p.m. This schedule may vary based upon the needs of the department. On occasion, overtime may be needed to meet the needs of the department.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Transports loan files, supplies, paper weighing up to five pounds daily.
The person in this position communicates verbally and in writing daily with bank personnel and with customers exchanging account information, discussing bank products and services.
The employee must be able to remain in a stationary position 75% of the time.
The employee needs to occasionally move about the department work area to access machinery, supplies, etc.
Constantly operates a computer and other office machinery such as a keyboard, calculator, printer, scanner.
This position frequently reaches with hands and arms daily scanning documents, securing supplies for the workstation, recording information on note jackets.
Specific vision abilities required by this job include close, distance and peripheral vision and the ability to adjust focus.

SELECTION GUIDELINES:

Formal application, rating of education and experience; oral interview and reference check; job related tests may be required.

The duties listed above are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position. The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and requirements of the job change.

EEO/AA/M/F/Veteran/Disabled

EEO POLICY STATEMENT

(Equal Employment Opportunity)

Progressive Bank is committed to a policy of equal employment opportunity. This means that employment decisions affecting applicants and employees will not be based upon an individual's race, color, religion, gender (to include pregnancy, sexual orientation and gender identity), national origin, age, qualifying disability or any other unlawful basis. Further, retaliation is prohibited against an employee who opposes an unlawful employment practice or who participates in a proceeding to address a perceived or actual unlawful employment practice. Employees, including managers and supervisors, who engage in such unlawful discrimination, harassment or retaliation will be subject to corrective action. If you feel you have been unlawfully discriminated or retaliated against or subject to harassment, you should notify your supervisor, the Human Resources Department (318.812.5274), or any other person in management whom you are comfortable in approaching. The Bank will investigate and provide a prompt and effective remedial response, up to and including discharge from employment for violation of this policy and the applicable law.

Additional Information

This position is fulltime with commensurate salary and benefits.

Hourly position , Monday - Friday, 8:00 a.m. to 5:00 p.m. with occasional overtime as needed.

Basic Qualifications

High School Diploma
Minimum of 1 years of financial institution/banking experience
Proficient in use of Excel, Word, Outlook

Keywords: Progressive Bank, Monroe , Loan Operations Specialist I, Other , Monroe, Louisiana