Credit Admin Specialist American Plus Bank Los Angeles, CA Job Details Full-time $57,600 - $70,500 a year 2 hours ago Benefits Health insurance Dental insurance 401(k) Paid time off Vision insurance 401(k) matching Life insurance Retirement plan Qualifications Analysis skills Loan servicing Computer skills Certified Notary Public Business Administration Business Financial data analysis tools Accounting Excel data analysis Full Job Description
JOB OPENING CREDIT ADMIN SPECIALIST SUMMARY
The Credit Administration Specialist assists and supports Credit Administration with all aspects of portfolio management. This position performs various administrative duties to process, close, record and monitor the Bank's lending activity. Functions include, but not limited to: insurance follow-up, various due diligence reports ordering from third party vendors, tickler system maintenance, and management reports preparation. DUTIES
- Prepare and compile various managerial reports on a monthly/quarterly basis and distributes to Management or applicable departments for loan monitoring and portfolio risk management.
- Order credit reports, title and lien searches, flood determinations, UCC searches, environmental reports, or other due diligence information from various sources.
- Compile data and prepare other loan-related reports as directed by Chief Credit Officer.
- Obtain appraisal bid and prepare engagement letter to assigned appraiser.
- Work with insurance policies and related reports, contact insurance agent or the Bank's tracking vendor, and initiate timely follow-up on cancelled/expired insurance policies to ensure proper insurance is received and maintained.
- Monitor borrower's compliance with financial reporting covenants specified in Loan Agreements, upkeep tickler management system, and generate tickler reports for lending officers and Management.
- Draft Loan Committee Meeting minutes as a back-up role.
- Provide support as needed and acts as a backup role for Note Operations Team to ensure efficiency and accuracy of loan transactions.
- Assist with preparation of loan files requests for internal and external audits/exams.
- Perform notary services as related to Bank transactions.
- Accept other credit administration duties including special projects as deemed necessary by the supervisor.
QUALIFICATIONS
Education:
College graduate with a degree in business administration or accounting preferred but not mandatory.
Experience:
Minimum three-year experience in Bank credit reporting and analytics. Minimum two-year experience in commercial loan credit analysis/underwriting a plus.
Skills/ Ability:
Organized and detailed oriented. Strong Excel (ie PivotTables, Vlookup/XLookup) or other analytical skills are required. Comprehensive knowledge of banking and finance terminology, familiarity with CASH onTrack a plus.
Job Type:
Full-time Pay:
$57,600.00 - $70,500.00 per year
Benefits:
401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Retirement plan Vision insurance
Work Location:
In person