Central Loan Processor IV - Specialty Loans
Start a career with First National Bank Alaska, the Best Place to Work in Alaska as recognized nine years in a row by Alaska Business magazine readers.

QUALIFICATION REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND/OR EXPERIENCE:

Minimum: Minimum: Bachelor’s degree in business, accounting, finance, or related field and one year banking, real estate, commercial lending, or related experience; or three years banking, real estate, commercial lending, or related experience; or equivalent combination of education/training and experience.
Preferred: Preferred: Bachelor’s degree in business, accounting, finance, or related field plus two years banking, real estate, commercial lending, or related experience; or four years banking, real estate, commercial lending, or related experience; or equivalent combination of education/training and experience. One-year customer service, mortgage lending, escrow, title insurance, loan servicing, or related experience.

OTHER SKILLS AND ABILITIES:

Ability to keyboard 35 wpm and operate a 10-key calculator by sight. Windows based word processing and spreadsheet skills preferred. Familiarity with tax returns and financial reports necessary. Must be a self-starter requiring only general supervision.

LANGUAGE SKILLS:

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and assists with procedure manuals. Ability to effectively present information and respond to questions from groups of managers, customers, and the general public.

MATHEMATICAL SKILLS:

Ability to work basic mathematical concepts, such as probability and statistical inference. Ability to apply concepts, such as fractions, percentages, ratios, and proportions to practical situations.

REASONING SKILLS:

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form, and deal with several variables.

GENERAL PURPOSE SUMMARY

Provides technical and administrative support to one or more loan officers in a division or large branch; liaisons with customers and processes and closes complex commercial loans with limited supervision, by performing the following essential duties and responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Assists one or more loan officers composing and preparing correspondence and compiling complex loan documentation and transaction information including multilevel borrowing entities such as corporations, LLC’s, Partnerships, and Native organizations.
• Acts as liaison between loan officer and borrower to obtain financial, borrower, collateral information and all other supporting documentation.
• Determines whether borrower documentation satisfies established bank procedures by reviewing title, appraisal, environmental, and engineer reports; as-built survey’s; and flood certifications. Reports findings to loan officer and may assist with compilation of collateral evaluation and/or environmental report.
• Confirms documentation or relative priority of bank’s security interest. Processes Lines of Credit and Construction Loan disbursement requests.
• Obtains documentation required by investor or guarantee partners including AIDEA, SBA, AHFC and BIA by interacting with investors, customers and loan officers.
• Reviews loan files, identifies any exceptions to bank policy or procedure and prepares Loan Information Sheet for review and approval by loan officer.
• Reviews loan documents prior to closing with borrower. Confirms loan documents conform to authorized terms of proposed transaction.
• Assists supervisor with review of commercial loan documentation preparation; assists with training loan processors and management associates.

Performs other work-related duties as assigned supervisor.COMPLIANCE EXPECTATIONS

• Ensure business unit’s operations comply with bank policy, procedures, and banking regulations (for business unit heads).
• Ensure you and your delegates have adequate and current compliance training and ensure training is completed on time.
• Stay up to date on relevant laws and regulations.
• Ensure you and your delegates comply with the bank’s policies, procedures, laws and regulations.
• Maintain customer confidence and protect the bank’s operations by you and your delegates by identifying and protecting confidential information.

SUPERVISORY RESPONSIBILITIES

May supervise lending support staff. Carries out responsibilities in accordance with the organization’s policies and procedures. Responsibilities may include interviewing, making hiring recommendations, training employees, planning, assigning, and directing work, appraising performance, addressing complaints and problem resolution.