Loan Boarding Supervisor I - Hybrid
Bank of the Sierra, San Luis Obispo, CA, United States
JOB SUMMARY
Supervises the Loan Boarding and Quality Control Departments. Loan Boarding is responsible for the proper boarding of commercial and consumer loans in accordance with Bank guidelines, policies, and procedures. Quality Control is responsible for reviewing all loans boarded (new, changes in terms, modifications, and amendments), maintaining loan files, and verifying original signed loan documents.
RESPONSIBILITIES
Board the bank's commercial and consumer loans consistent with credit authorization packages and Bank policies and procedures, including Bank loan accounting and regulatory compliance requirements.
Validates appropriate approval authorities for all loan boarding requests.
Reviews and analyzes collateral reports to identify issues and potential risks, following collateral recording procedures.
Accurately enters or reviews employees' inputs of loan information into the bank's loan accounting computer system.
Correctly processes disbursements and monetary transactions related to boarding loans. Reviews general ledger and loan accounting systems to ensure proper application and balancing.
Verifies commercial and consumer loan documentation to ensure all required documents have been completed and signed.
Confirms accuracy of system information entries, such as loan terms, loan type, collateral, and call codes, are completed in a timely manner to mitigate losses and risks to the bank.
Confirms all fees owed to the bank have been collected prior to funding/boarding.
Reviews and approves wire entries for accuracy, ensuring all signatures are valid, and verifies borrowers' authorization of wire.
Performs due diligence to ensure the integrity of the data on the loan systems and that proper documentation exceptions have been cited, addressed, and or corrected for missing or incomplete items.
Responsible for review of insurance policies for accuracy and correct coverage prior to funding.
Works with multiple departments to gather all necessary documents to assist in funding the bank's commercial loans.
Provides continuous communications to the Department's internal and external customers and effectively follows up on all loan documentation research requirements.
Provides support for both internal and external audits under the oversight of the Loan Origination Manager.
Performs other duties and responsibilities assigned by Management.
SUPERVISORY RESPONSIBILITIES
Responsible for the overall supervision of the Commercial and Consumer Loan Boarding and Quality Control Departments. Directly supervises non-exempt employees. Carries out management responsibilities in accordance with Bank policies, procedures, and applicable laws and regulations.
PREREQUISITES AND SKILLS
The following are mandatory prerequisites to obtaining the Loan Boarding Supervisor I position:
Associate degree (A. A.) or equivalent from a two-year college or technical school.
3 to 5 years related experience and/or training; or equivalent combination of education and experience.
Ability to read, analyze, and interpret financial reports and accounting and regulatory documents.
Ability to respond to common inquiries from regulatory, accounting, and outside loan review agencies.
Knowledge of the commercial lending process and possession of general business acumen.
Strong analytical skills, including the ability to define problems, establish facts, and draw valid conclusions.
Ability to develop solutions meeting business objectives.
Strong interpersonal, verbal, and written communication skills, including, but not limited to, specific ability to translate complex financial information into an organized and presentable manner.
Self-motivated, with close attention to detail and high accuracy.
Ability to complete multiple diverse tasks, of differing priorities, without close supervision and perform under the pressure of handling matters of high significance or that are time-sensitive.
Excellent administrative, organizational, and time management skills.
Advanced computer skills, including but not limited to, knowledge in the use and application of Microsoft Office (Excel, Word, and PowerPoint) and data management software.
Knowledge and ability to work with mathematical concepts such as probability and statistical inference, including, but not limited to, applying concepts such as fractions, percentages, ratios, and proportions.
Ability to interpret a wide variety of technical instructions in mathematical form and deal with several abstract and concrete variables.
Ability to work in a team environment and facilitate workflow.
Ability to handle constant use of discretion and good judgment.
Exhibit a high degree of professionalism and confidentiality in handling sensitive information.
Ability to provide training and coaching to other employees.
Ability to understand and follow safety procedures.
WORK ENVIRONMENT
The work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
PHYSICAL DEMANDS
While performing the duties of this job, the employee is frequently required to sit and use hands to finger, handle, or feel. The employee is occasionally required to stand, walk, and reach with hands and arms. Specific vision abilities required by this job include close vision and the ability to adjust focus. The physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Bank of the Sierra is proud to be an equal opportunity workplace and is an affirmative action employer committed to equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status.
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Supervises the Loan Boarding and Quality Control Departments. Loan Boarding is responsible for the proper boarding of commercial and consumer loans in accordance with Bank guidelines, policies, and procedures. Quality Control is responsible for reviewing all loans boarded (new, changes in terms, modifications, and amendments), maintaining loan files, and verifying original signed loan documents.
RESPONSIBILITIES
Board the bank's commercial and consumer loans consistent with credit authorization packages and Bank policies and procedures, including Bank loan accounting and regulatory compliance requirements.
Validates appropriate approval authorities for all loan boarding requests.
Reviews and analyzes collateral reports to identify issues and potential risks, following collateral recording procedures.
Accurately enters or reviews employees' inputs of loan information into the bank's loan accounting computer system.
Correctly processes disbursements and monetary transactions related to boarding loans. Reviews general ledger and loan accounting systems to ensure proper application and balancing.
Verifies commercial and consumer loan documentation to ensure all required documents have been completed and signed.
Confirms accuracy of system information entries, such as loan terms, loan type, collateral, and call codes, are completed in a timely manner to mitigate losses and risks to the bank.
Confirms all fees owed to the bank have been collected prior to funding/boarding.
Reviews and approves wire entries for accuracy, ensuring all signatures are valid, and verifies borrowers' authorization of wire.
Performs due diligence to ensure the integrity of the data on the loan systems and that proper documentation exceptions have been cited, addressed, and or corrected for missing or incomplete items.
Responsible for review of insurance policies for accuracy and correct coverage prior to funding.
Works with multiple departments to gather all necessary documents to assist in funding the bank's commercial loans.
Provides continuous communications to the Department's internal and external customers and effectively follows up on all loan documentation research requirements.
Provides support for both internal and external audits under the oversight of the Loan Origination Manager.
Performs other duties and responsibilities assigned by Management.
SUPERVISORY RESPONSIBILITIES
Responsible for the overall supervision of the Commercial and Consumer Loan Boarding and Quality Control Departments. Directly supervises non-exempt employees. Carries out management responsibilities in accordance with Bank policies, procedures, and applicable laws and regulations.
PREREQUISITES AND SKILLS
The following are mandatory prerequisites to obtaining the Loan Boarding Supervisor I position:
Associate degree (A. A.) or equivalent from a two-year college or technical school.
3 to 5 years related experience and/or training; or equivalent combination of education and experience.
Ability to read, analyze, and interpret financial reports and accounting and regulatory documents.
Ability to respond to common inquiries from regulatory, accounting, and outside loan review agencies.
Knowledge of the commercial lending process and possession of general business acumen.
Strong analytical skills, including the ability to define problems, establish facts, and draw valid conclusions.
Ability to develop solutions meeting business objectives.
Strong interpersonal, verbal, and written communication skills, including, but not limited to, specific ability to translate complex financial information into an organized and presentable manner.
Self-motivated, with close attention to detail and high accuracy.
Ability to complete multiple diverse tasks, of differing priorities, without close supervision and perform under the pressure of handling matters of high significance or that are time-sensitive.
Excellent administrative, organizational, and time management skills.
Advanced computer skills, including but not limited to, knowledge in the use and application of Microsoft Office (Excel, Word, and PowerPoint) and data management software.
Knowledge and ability to work with mathematical concepts such as probability and statistical inference, including, but not limited to, applying concepts such as fractions, percentages, ratios, and proportions.
Ability to interpret a wide variety of technical instructions in mathematical form and deal with several abstract and concrete variables.
Ability to work in a team environment and facilitate workflow.
Ability to handle constant use of discretion and good judgment.
Exhibit a high degree of professionalism and confidentiality in handling sensitive information.
Ability to provide training and coaching to other employees.
Ability to understand and follow safety procedures.
WORK ENVIRONMENT
The work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
PHYSICAL DEMANDS
While performing the duties of this job, the employee is frequently required to sit and use hands to finger, handle, or feel. The employee is occasionally required to stand, walk, and reach with hands and arms. Specific vision abilities required by this job include close vision and the ability to adjust focus. The physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Bank of the Sierra is proud to be an equal opportunity workplace and is an affirmative action employer committed to equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status.
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