Job Description

Job RequirementsRole/Job Title: Senior Specialist-Credit AdministrationFunction/ Department: Wholesale Banking OperationsJob Purpose:As a Credit Administrator, your primary responsibilities are to analyse a loan applicant's credit score to determine their credit risk and ability to pay back the loan managing. The role also requires a high degree of interpersonal skills to get resolution on time within tight deadlines, anticipation of issues from changes in process or regulations.Roles & Responsibilities:

• Processes approved commercial and consumer loan applications using automated loan document preparation software.
• Selects appropriate Title Company, surveyors, appraisers, and other vendors, as needed, and requested by lenders to acquire need vendor services.
• Prepares loan documents and closing instruction letters as appropriate.
• Transmits loan document packages to the lenders.
• Prepares commercial and SBA loan documents as requested by commercial lenders.
• Provides back up support for other Team or group positions.
• Willingly participates in all assigned duties and responsibilities.
• Assemble and/or amend loan documents utilizing LaserPro.
• Resolve discrepancies in loan documentation.
• Perform other varied duties as assigned.
• Verify lending compliance issues and regulations.
• Report HMDA information.
• Applies some advanced skills to the position within assigned functional area. May adapt procedures, processes, and techniques to meet the more complex requirements of the position.
• Required to provide borrower with initial good faith estimate at time of application and to provide.
• all necessary disclosures for borrower and lender.
• Responsible for the confidentiality of financial data contained within loan files. Protects the confidentiality of all financial data relating to financial institution operations and customers.
• Maintains company policies and underwriting guidelines.
• Provides administrative assistance to the loan officer and staff, including updating loan data into the financial institutions computers, and assembling of documentation for customer loans.
• Ensures that loan files contain documents with proper signature, dates, and other relevant data.
• Assembles and verifies accuracy of loan documentation.
• Checks documents for proper vesting, legal descriptions, closing dates and signatures.
• Maintains new paid consumer loan files. Performs variety of clerical duties requiring knowledge.
• Answers telephone inquiries and written inquiries concerning loan processing and information.

Secondary Responsibilities:

• Adhere to all bank and department personnel policies and procedures.
• Perform other reasonably related job responsibilities as assigned by immediate supervisor other management as required.

Education Details:GraduatePost GraduationExperience: 10 18 Years