LOAN ADMINISTRATION SPECIALIST in Denver, Colorado at Bankers Bank of the West
Salary: $55000 - $65000Job Function: Accounting/Finance
Bankers Bank of the West
Denver, Colorado, 80202, United States
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Job Description
Description:
Establish, process, and maintain data and files for commercial loans including payments.
MAJOR DUTIES/RESPONSIBILITIES
- Perform all functions involved to establish and maintain loan files and documentation
- Book loans
- Process loan payments, payoffs, and advances
- Calculate loan items and charges such as interest and principal payments, late fees
- Prepare payment notices, letters, loan papers, reports, and documentation
- Strive to minimize collateral exceptions
- Check accuracy of loan documentation and perfect collateral
- Assist lending officers in activities such as disbursement of funds and extension of new loans
- Answer customer inquiries and resolve routine issues
- Handle all correcting entries when necessary
- Handle confidential records for the department
- Balance all general ledger, loan recap, and trial balance accounts daily
- Perform notary work if applicable
REQUIRED EXPERIENCE/EDUCATION
- Minimum of two years of related banking experience in a commercial lending department
- High school diploma or equivalent
REQUIRED KNOWLEDGE/SKILLS
- Excellent verbal and written communication, interpersonal, and problem-solving skills
- Ability to work independently and as part of a team
- High degree of attention to detail, accuracy, initiative, and dependability
- Maintain positive relationships and provide effective communication with customers, employees, and management
- Strong organizational, time-management, and problem-solving skills
- Proficiency in Microsoft Office applications, commercial loan processing software desired, and willingness to adapt to new technology
- Understanding of banking regulations, laws, and procedures
- Authorization to work in the U.S. without employer sponsorship
WORK ENVIRONMENT
- Primary workspace designation is onsite.
- Professional environment in a secure high-rise office suite in downtown Denver, CO.
- Working hours may vary between 5:00 a.m. and 7:00 p.m., Monday through Friday. The primary hours are 7:30 a.m. and 4:30 p.m. Monday through Friday, with infrequent overtime as needed.
- Extended periods of desk-based computer and telephone usage.
- May require occasional overnight travel to visit customers or attend conferences.
- Ability to lift up to 40 lbs.
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Job Location
Denver, Colorado, 80202, United States
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