Commercial Loan Operations Assistant Manager at Advia Credit Union

Crystal Lake, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

11 Feb, 26

Salary

82186.0

Posted On

13 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Operations, Team Management, Regulatory Compliance, Training Development, Process Improvement, Customer Service, Problem Solving, Auditing, Commercial Loans, Documentation, Microsoft Word, Microsoft Excel, Communication, Interpersonal Skills, Performance Management, Financial Analysis

Industry

Banking

Description

Description Employment Type: Full-Time, Hybrid #LI-HYBRID Entry Salary Range: $68,488.59-$82,186.31 annually with an annual award opportunity based on individual and credit union performance. Comprehensive Benefits Package We're committed to supporting your well-being and work-life balance through a robust benefits offering: Health & Wellness Medical, dental, and vision insurance to keep you and your family healthy. Financial Peace of Mind 401(k) with company match, life insurance, and disability coverage. Time Off Generous paid time off (PTO), paid holidays, and paid parental leave. Professional Growth Learning and development programs, plus tuition reimbursement to support your career journey. Additional Perks Free Telemedicine Employee Assistance Program (EAP) Wellness initiatives Paid Community Action Volunteer Hours *Parental Leave and Tuition Reimbursement are available after one year of service. What you should know about the role Accountable for the oversight of the day-to-day operations of the commercial loan operations team. This position will work closely with the Commercial Operations Manager to ensure lending steps flow effectively and efficiently through the entire lending process and to develop a high performing team. This position aids efforts to meet established department goals, member satisfaction, and minimize operational losses. This position aids efforts to meet the strategic goals of the credit union, including providing outstanding service to internal and external members as defined by living and demonstrating the core values of the credit union; Act with Integrity, Drive Progress, Build & Strengthen Relationships and Keep People at the Core. What you should know about Advia Advia is a fast-growing Credit Union that is positioned in the top 3% of credit unions across the United States. We serve almost 200,000 members with assets over $3 Billion. We offer very similar product and services as the big banks with a focus on saving our members money while providing financial advantages. We are rooted in our communities and believe we have a responsibility to give back outside of our four branch walls through volunteering and charitable donations. The work environment at Advia is fast-paced, performance based, and fun infused. We certainly live by the saying "work hard, play hard." As an employee of Advia, you can expect regular and constructive feedback, development opportunities, great benefits, excellent co-workers and engaged managers. Major Duties and Responsibilities Manages direct reports to maximize productivity, efficiency, and the potential of the human assets of the company, including; monitoring staff performance, coaching, counseling, training, assuring compliance with regulatory requirements and organizational mission, values, policies and work rules. Appraise performance and provide recommendations for promotion, disciplinary action and termination, as appropriate. Accountable for loan operations, including but not limited to gathering loan documents, clearing conditions required for loan closing, preparing loan closing documentation, booking, funding, loan maintenance, corrections adjustments, tracking titles and insurance. Work with internal and external auditors on audits and other reviews, including preparing for audits/examinations and following through on audit replies or action items. Partners with Advia's Training Department to develop new training materials and keep training materials current and relevant. Ensure adequate processes, procedures, and workflows are in place to meet business and regulatory requirements. Identifies, develops, and recommends revision of internal standards and new programs to improve efficiency. Ensures quantifiable measurements are in place to evaluate overall production levels. Provides staff with clear concise written guidelines and minimizes losses through effective internal controls. Aids team members to collaborate and actively solve problems and promote continued process improvement. Works to continuously drive progress and add financial value for our members. Provide operational solutions to business challenges and serve as operational subject matter expert. Manage the daily operations of the department and ensure that procedures and practices are in alignment with credit union expectations. Work with third party vendors to ensure programs are running smoothly and maximize member satisfaction and credit union protection. Actively supports department goals with minimal supervision; updates Commercial Operations Manager on all major projects, employee issues and goal progress. Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Additionally, all employees must follow policies and procedures to minimize risk by exercising judgment, raising questions to management, and adhering to policy guidelines. Requirements Experience Five years to eight years of similar or related experience, including preparatory experience. Education/Certifications/Licenses A two-year college degree or completion of a specialized course of study at a business or trade school equivalent to approximately 64 credit hours. Interpersonal Skills A significant level of trust, credibility and diplomacy is required. In-depth dialogue, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature. Communications may involve motivating, influencing, educating and/or advising others on matters of significance. Typically includes subject matter experts as well as first level to middle managers. Other Skills Knowledge of State and Federal regulations affecting commercial loans. Knowledge of commercial loan policies, procedures, products, and services. Legal knowledge of commercial loan documentation and retention is preferred but not required. Computer skills including a working knowledge of Microsoft Word, Windows and Excel. Physical Requirements Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing/descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day. Must be able to work extended hours whenever required or requested by management. Must by capable of regular, reliable and timely attendance. Working Conditions Must be able to routinely perform work indoors in climate-controlled shared work area with moderate noise. Mental and/or Emotional Requirements Must be able to perform job functions with supervision and work effectively either on own or as part of a team. Must be able to read and carry out various instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be able to perform basic mathematical calculations with extreme accuracy. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines/requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on confidential matters. Ability to be highly mobile and agile in order to move without restriction, including carrying loan file folders and reports.

Responsibilities

Oversee the day-to-day operations of the commercial loan operations team, ensuring effective lending processes and developing a high-performing team. Manage loan operations, including document gathering, loan closing, and compliance with regulatory requirements.