About this opportunity
Union Savings Bank lists this Commercial Services Processor opportunity in danbury, Connecticut. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Description
nProcess line of credit renewals for Commercial Services, including the preparation of loan approval documents. Serve as the appraisal liaison for Commercial Services and Business Banking. Reports to the AVP Commercial Services Administration Manager.
nAdministrative Responsibilities
nServe as appraisal liaison. This includes facilitating bid requests initially through the Credit Administration Department, engaging with account officers and appraisal companies, as well as with the Bank’s outside firm utilized to review the appraisals.
nProcess RIM.
nSubmit relationship change requests to Loan Operations for processing.
nServe as Secretary of Management Loan Committee. Prepare meeting minutes and forward to Assistant Corporate Secretary for monthly Trustee Loan Committee meetings.
nObtain approvals for expense invoices by forwarding to appropriate Team Leaders.
nFile all loan documents and correspondence as well as track financial information received within the department.
nServicing Responsibilities
nFollow and uphold USB Customer Service Standards in interactions with internal and external customers.
nLoan Administration Responsibilities
nProcess basic Commercial and Industrial modifications.
nProcess withdrawn / declined loans.
nPrepare Commercial and Industrial loan closing documents.
nPerform UCC-1 and Concord searches and complete CIP review.
nRun credit reports.
nReview Commercial and Industrial Loan Proposal / Approval forms for CIP and proper approval.
nInput HMDA / CRA data in applicable system.
nSet up credit files and provide to Vice President of Commercial Services Administration for post closing review.
nProcess line of credit renewals for Commercial Services, including the preparation of loan approval documents.
nData and Reporting
nReview application status tracking report and take appropriate action to ensure regulatory compliance.
nTrack the receipt of brokerage statements for loans secured by marketable securities, monitor and update values, send report to Loan Servicing for processing and apprise account officers of any loan-to-value deficiencies.
nPrepare withdrawn/declined report as well as coordinate files for pickup by Loan Servicing.
nInput paid loans in tracking system and prepare files for pickup by Loan Servicing.
nProcess environmental company requests to become bank approved and complete annual review process.
nProcess law firm requests to become bank approved and complete annual review process.
nQualifications
nEducation
nRequired
nnHigh School Diploma or GED or better
n nPreferred
nnAssociates or better
n nExperience
nRequired
nnn1-2 year: Commercial Services Experience
n
nn1-2 year: Banking
n
n nEqual Opportunity Employer/Protected Veterans/Individuals with Disabilities
nThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights ( notice from the Department of Labor.
Worksite address
danbury, CT, 06813, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.