Loan Production Associate, Commercial & Wholesale Operations
About the role
It Starts Here
The Difference You Make
The Associate, Commercial & Wholesale Operations is responsible for supporting all Back Office related activities covering all aspects of their aligned product/business area to ensure the efficient delivery of all products and services (i.e. interpreting credit agreements related to various loan/fee accruals, calculations as well as ongoing/ad-hoc reconciliation and remediation, for commercial loan/letter of credit products, which include new loans, modifications and extensions.) to the Bank's clients while developing and maintaining direct contact and good working relationships with existing clients and internal stakeholders.
- Provides leadership of unit or team in Loan Operations in absence of manager.
- Performs varied, non-routine and more complex operational tasks to support team.
- Provides information and procedural knowledge for less experienced staff.
- Resolves most issues escalated by less experienced employees.
- Completes complex operational transactions and researches issues.
- Takes corrective action as necessary and researches complex issues to determine best course for resolution.
- Trains new employees in systems, procedures, and processes.
- Performs additional tasks employing skill and experience in the function.
- Suggests changes or modifications to policies and procedures based on day-to-day observations and activities.
What You Bring:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education:
- Bachelor's Degree: in related field or equivalent demonstrated through a combination of work experience, training, military service, or education - Required
Professional Experience:
- 5+ Years Experience with commercial loan operations. - Required
Skills:
- Excellent communication, good organizational skills, and attention to detail.
- Solid knowledge/skills of Microsoft Office Suite and various bank systems.
- Ability to adapt quickly and be a team player.
- Working knowledge in Commercial Banking.
- Ability to meet deadlines.
- Strong knowledge of the Syndicated and Commercial Loan products and markets.
- Ability to review and interpret legal documentation supporting these products.
- In depth knowledge of market initiatives to streamline and automate Middle Office support functions.
- Knowledge of industry standards and best practices for Syndicated and Commercial loans .
- Knowledge of Banking Regulations and Standard Practices.
- Expertise in continuously reviewing workflow and the ability to functionalize ideas for organizational change. Also, ensure all departmental structural and procedural changes are implemented where necessary.
- Ability to clearly convey complex concepts and issues in a concise way.
Certifications:
- No Certifications listed for this job.
It Would Be Nice For You To Have
- Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
Work Authorization & Sponsorship
What Else You Need To Know
Base Pay Range
We Value Your Impact
Risk Culture
EEO Statement
To Do Next
Not included in the source posting: about the role, qualifications, benefits.
Skills
Who can apply
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