Job highlights
Identified by Google from the original job post
Qualifications
- Education and Experience Bachelor’s degree from four-year college or university Minimum of 2-3 years’ experience in commercial credit analysis and/or as a commercial lender Skills and Competencies Comprehensive knowledge of commercial lending, including a solid understanding of underwriting and credit
- Good verbal and written communication skills
- Satisfactory knowledge of loan documentation
- Good organizational and time management skills; the ability to prioritize tasks
- Thorough knowledge of products and services offered by the Bank
- Working knowledge of Microsoft Excel, Word, and PowerPoint
- Strong analytical skills
Responsibilities
- Job description: Monitors and addresses loan maturities or requested loan modifications by working with the customers, Relationship Managers and Credit Analysts to determine recommendations for loan maturity extensions or loan modifications
- Submits requests for analysis and credit approval packages to the credit department
- Reviews credit approval packages for accuracy and completeness
- Obtains the loan extension/modification approvals in conjunction with the Relationship Manager assigned to the credit from the appropriate approving authority
- Completes and/or requests the credit department to complete loan reviews for loans in the portfolio
- Monitors, through interaction with construction customers, construction sales and leasing absorption
- Coordinates this information with the Construction Administrator for quarterly reporting
- Prepares any covenants violations notices for reporting to appropriate loan approval authorities
- Responsible for the procurement and execution of loan documents as needed for loan maturity extensions, loan modifications, covenant violation waivers and payoff requests
- Assists the loan assistants with requesting and collecting required financial information that is required for each loan in the portfolio
- Assists the Relationship Managers with new loan production support including coordination of loan approvals with credit, ordering of third party reports, acts as the liaison with the appraisal department and assists with the loan closing process
- Works with the Relationship Managers and Loan Assistants to resolve any post-closing exceptions
- Monitors the loan portfolio to insure that deposit accounts required by loan approvals have been established and maintained
- Provides on-going updates Salesforce files when with customer interactions and relationship updates
- Looks to identify areas of improvement that contribute to Bank profitability
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Job description
Job description: Monitors and addresses loan maturities or requested loan modifications by working with the customers, Relationship Managers and Credit Analysts to determine recommendations for loan maturity extensions or loan modifications. Submits requests for analysis and credit approval packages to the credit department. Reviews credit approval packages for accuracy and completeness. Obtains the loan extension/modification approvals in conjunction with the Relationship Manager assigned to the credit from the appropriate approving authority. Completes and/or requests the credit department to complete loan reviews for loans in the portfolio. Monitors, through interaction with construction customers, construction sales and leasing absorption. Coordinates this information with the Construction Administrator for quarterly reporting. Prepares any covenants violations notices for reporting to appropriate loan approval authorities. Responsible for the procurement and execution of loan documents as needed for loan maturity extensions, loan modifications, covenant violation waivers and payoff requests. Assists the loan assistants with requesting and collecting required financial information that is required for each loan in the portfolio. Assists the Relationship Managers with new loan production support including coordination of loan approvals with credit, ordering of third party reports, acts as the liaison with the appraisal department and assists with the loan closing process. Works with the Relationship Managers and Loan Assistants to resolve any post-closing exceptions. Monitors the loan portfolio to insure that deposit accounts required by loan approvals have been established and maintained. Provides on-going updates Salesforce files when with customer interactions and relationship updates. Looks to identify areas of improvement that contribute to Bank profitability. Education and Experience Bachelor’s degree from four-year college or university Minimum of 2-3 years’ experience in commercial credit analysis and/or as a commercial lender Skills and Competencies Comprehensive knowledge of commercial lending, including a solid understanding of underwriting and credit. Good verbal and written communication skills. Satisfactory knowledge of loan documentation. Good organizational and time management skills; the ability to prioritize tasks. Thorough knowledge of products and services offered by the Bank. Working knowledge of Microsoft Excel, Word, and PowerPoint. Strong analytical skills. Penn community Bank is an equal opportunity employer. Thank you for your interest in joining the Penn Community Bank Team! Penn Community Bank holds $3 billion in assets, employs more than 300 people, and offers banking and lending services at financial centers throughout southeastern Pennsylvania. As an independent, mutual financial institution, Penn Community Bank is not publicly traded and operates with its long-term mission in mind: to help businesses grow and prosper, to provide financial resources to individuals and families throughout their lifetimes, to strengthen the local economy, and to partner with local organizations to act as a catalyst for positive growth in every market it serves.