Specialist-Credit Administration

The Specialist-Credit Administration position in the Wholesale Banking Operations department involves providing borrowers with initial good faith estimates at the time of application and all necessary disclosures for both borrowers and lenders. As a member of the Central Processing team, you will offer administrative support to loan officers and staff by updating loan data in the financial institution's computers and compiling documentation for customer loans. Your responsibilities will include processing approved commercial and consumer loan applications using automated loan document preparation software, selecting appropriate vendors such as Title Company, surveyors, and appraisers, preparing loan documents and closing instruction letters, and transmitting loan document packages to lenders. You may also be required to prepare commercial and SBA loan documents, resolve discrepancies in loan documentation, verify lending compliance issues and regulations, and report HMDA information. Additionally, you will be responsible for maintaining the confidentiality of financial data in loan files, ensuring compliance with company policies and underwriting guidelines, and assembling and verifying the accuracy of loan documentation. Other duties may include performing clerical tasks, using office computers for data input and ordering credit reports, as well as responding to inquiries regarding loan processing and information. You are expected to possess a Bachelor's degree in Engineering, Technology, Mathematics, Commerce, Arts, Science, Biology, Business, Computers, or Management, along with 0-2 years of experience. A post-graduation degree such as an MBA or PGDM would be an added advantage. In this role, you will need to apply some advanced skills within your assigned functional area, adapt procedures to meet complex requirements, and provide backup support for other team members when necessary. Adhering to all bank and department policies and procedures, and performing other job responsibilities as assigned by your supervisor or management, are also part of your secondary responsibilities.,