Credit Administration Officer

Overview Join to apply for the Credit Administration Officer role at FirstBank Florida Responsibilities Responsible for portfolio monitoring while adhering to policy and reporting requirements. Oversee maintenance of Loan Portfolio documentation and for providing support as detailed below. Responsible for special assets overseeing not limited to REO monitoring and handling as well as mitigation strategies and execution. The Credit Administration Officer reports to the Credit Administration Workout Manager/Senior Credit Officer providing support for Commercial Credit Administration, quality via preparation and delivery of reports, independent appraisals, monitoring of ticklers and crosschecking originated loans. Responsible for drafting procedures as they relate to the credit administration and special assets units. May attend credit committees or other approval processes, as requested. Underwriting Credit Log portfolio loans under review for Commercial and Corporate loans. Preparation of Credit Committee Agenda for open discussions to proper authority and gathers Credit Approval Memorandums (CAM) for presentation to applicable approval authority committee. Ensures distribution of approved credits and respective tickler update New Money Approved/Closed and funded, Commercial & Consumer-Residential, Commitment reports by tracking all the loans that are pending to close and that closed during the month as well as timely Datamart and TDR reconciliation and certification submissions. Provides management with information to help monitor and control the Commercial Loan Portfolio. Review internal loan review reports, expired and expiring loans, closing pipeline, and call report codes etc. Liaison with Internal Auditors, Loan Review, Work-out Officers and the head office Risk Management function; by supporting documentation requests and response, and follow-up in respect to audits; assist with management of incoming and outgoing request for information from corporate and regulatory bodies. Monitor the follow-up with various action plans that transpire from the regulatory, audit and/or loan review examinations. Support managing, identifying, and monitoring past dues and non-performing assets, lending activity, and other portfolio trends; discuss, track, present and implement portfolio trends and approved changes. Supports completion of the GL reconciliations reports and proper safeguarding. Supports appraisal process/quoting, ordering and safeguarding. Provide weekly overview of Portfolio and preparation of reports not limited to monitoring portfolio for past dues, potential non-performing loans, contact delinquent borrowers; follow-up on past due ticklers related to technical exceptions and annual reviews. Supports SAG: Interact with investors, brokers, loan offices, and attorneys with the sale distressed assets and portfolio not limited to providing loan document information, monitoring sales and the closings, process and keep track of deficiency judgments, generation of defaults letters, manage assigned portfolio of non-perming assets in conjunction with the assigned attorney; attend mediations and/or depositions. Coordinate with First Bank Florida attorney in negotiating; Preparing and reviewing Stipulation/Forbearance Agreements; management of all incoming bank REOs, preparation of Classified asset reports. Oversee / manage the review of modification of cases as well as the loss mitigation process. Oversee the completion and accuracy of the Datamart data validation and certification. Post-closing: Review loan documentation to confirm proper signature, dates, and other relevant information, assemble and verify accuracy of loan documentation, including review of title commitment, communicate with title company if any information is missing or was omitted from the closing package, verifies in Encompass system HMDA screen, rate spread calculator, Lereta, UCD, OFAC, CCI; subsequent review and closing work sheet are in Encompass, prepare post-closing checklist, run mavent report and make sure it passes; once the post-closing is completed advise quality control the file is ready for quality control. Ncino and commercial folder update: Oversees creation of new loans and ticklers in the On-base system monthly as well as new folders for modifications, extensions, future advance, renewals, amendments, and emails PR to upload information. Ensures update of ticklers for existing loans daily. Confirms information is accurate and correct. Saves updated information in Bank’s Commercial Lending share drive folder in a timely basis. Requests financial information via letters, emails or calls monthly. Supports opening of folders in the share drive for Commercial and Corporate new loans as soon as the Green Light or CAM is received. Supports CRA reporting. Other Responsibilities: Ncino system file upload accuracy. (crosscheck) and technical exception monitoring, distribution and follow up. Review the monthly tickler report for accuracies, changes and updates. Qualifications Bachelor’s degree in business or accounting field; Completion of formal credit training preferred. Thorough understanding of financial accounting, loan structuring, legal, compliance and market risk-related issues involved in the approval of credit. Proficiency in spreadsheet and financial software applications and Microsoft Office Word, Excel, PowerPoint. Ability to prioritize and work on more than one task at a time and work independently; strong analytical skills. Ability to balance team and individual responsibilities and contribute to a positive team spirit; integrity and ethical standards. Minimum of 3-5 years of experience working in a financial institution setting with knowledge of the loan documentation, financial information, and/or equivalent combination of education and experience. Microsoft Office proficiency (Word, Excel, PowerPoint). Customer service oriented. Available to work overtime, when required. Ability to manage multiple priorities, organize daily tasks and meet deadlines in a high-volume environment. Demonstrates accuracy and thoroughness and looks for ways to improve and promote quality. Bachelor's in accounting, Finance, Business or related field.

EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills required of personnel so classified. The reporting relationship may not reflect the most recent changes to the corporate reporting structure. Inferred benefits: Medical insurance, Vision insurance, 401(k), Paid maternity/paternity leave, Tuition assistance, Disability insurance. Details Seniority level: Associate Employment type: Full-time Job function: Analyst, Accounting/Auditing, and Finance Industries: Financial Services and Banking #J-18808-Ljbffr FirstBank Florida