Commercial Portfolio Coordinator at Indiana Members Credit Union

Indianapolis, Indiana, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Jun, 26

Salary

0.0

Posted On

14 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Portfolio Management, Documentation Accuracy, Regulatory Compliance, Financial Document Tracking, Insurance Tracking, Loan Servicing, Reporting, Past Due Monitoring, Loan Cycle Coordination, Communication, Problem Solving, Customer Service, Attention To Detail, Independent Work

Industry

Banking

Description

Summary/objective The Commercial Portfolio Coordinator will be responsible for performing a variety of duties and tasks to assist in the management of the commercial loan portfolio. This role will work closely with the staff of the Commercial Services Department to ensure accurate documentation, timely completion of portfolio servicing tasks, and consistent adherence to internal policies and regulatory requirements. Other functions assigned by Commercial Services Department leadership, will apply. Essential functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions. * Maintain all outstanding tickler items including: borrower financial documents, insurance tracking, maturing loans, UCC expirations, property taxes, etc. * Work with borrowers, lenders, and analysts to resolve outstanding items to stay in compliance with commercial loan agreements. * Assisting in preparation of monthly and quarterly departmental reports. * Processing and monitoring past due reports and coordinating with the Commercial Loan Officers and borrowers to bring current where applicable. * Working with Commercial Loan Officers, Underwriters, Loan Processors, and Borrowers throughout the loan cycle to maintain best practices and departmental efficiency. * Answer phone calls and direct where appropriate. * Provide additional support to the department where applicable and necessary. * All other duties assigned. Competencies * Maintains an understanding of the features and benefits of all Credit Union commercial products and services. * Ability to work independently on assigned tasks accurately and efficiently. * Attention to detail. * Excellent oral and written communication skills, including telephone communication skills * Proactive communicator and problem solver * Strong customer service skills Supervisory responsibilities * None Work environment * Office environment Physical demands * Sitting for extended period of time * Handling – ability to touch, feel, lift, operate and control equipment, materials and objects with hands * Reaching – ability to thrust out the hands to retrieve an object * Seeing – ability to have power of sight * Hearing – ability to be aware of sounds by the ear Travel required * Minimal Required education and experience * College degree preferred but not required * Commercial Lending experience for a Bank or Credit Union * Baker Hill NextGen a plus but not required * Working knowledge of commercial loan process preferred * Microsoft Word and Excel, general knowledge Other duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice

Responsibilities

The Commercial Portfolio Coordinator assists in managing the commercial loan portfolio by ensuring accurate documentation, timely servicing tasks, and adherence to policies and regulations. Key duties include maintaining tickler items, resolving compliance issues with borrowers and lenders, and assisting with departmental reporting.