AVP Loan Administrator II
Company: The Bancorp Bank
Location: Wilmington
Posted on: May 16, 2022
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Job Description:
This position provides support for all loan types managed within
the department including 504, 7A, PPP etc. and will take a
leadership role when needed to advance processes and determine the
best course of action. The position provides subject matter
expertise with the PCFS loan platform and other supporting system
functionality and investigate issues and questions regarding the
same. They will build or maintain existing management reports,
compile monthly GL reconciliations and reconcile portfolios to
servicer records. This position may assist with booking, quality
review and oversight of offshore resources.Essential
FunctionsProvides daily/weekly/monthly reconciliation of SBL
balances between Loan Manager and General Ledger. Ensures loan
attributes are correct and loans are accruing properly; identify
and correct inaccuracies. Contact Servicers as needed to resolve
payments or loan boarding issues.Investigates system or process
issue and develop SME-level expertise. Identifies root causes and
implement solutions, including contacting PCFS, internal IT or
other departments.Demonstrates sound independent decision making,
using available resources, and take reasonable actions to address
issues with booking and support.Cross-trains and provides support
for the loan servicing roles, including loan booking and quality
review and funds disbursement for of all types of loans and for
other loan administration tasks. Provides training, direction and
oversight to onshore/offshore team.Produces daily/weekly/monthly GL
reconciliations and management reporting.Works closely with the VP
- SBL Operations and line of business counterparts to identify
requirements and develop processes for supporting new loan
portfolios as they are launched.Generates ad hoc and standard
reports for management upon request, using various reporting tools
to gather the relevant operational statistics.Supports SOX,
internal and external audit processes; research and provide
documents for audits and look-back requests. Coordinates, updates
and maintains department procedures.Develops working relationships
with internal partners such as Credit Administration, Finance and
SBL to foster open communication channels to resolve issues and
problems.Supports special projects for the department.Performs
other duties as assigned.Education/Experience
RequirementsUndergraduate degree in a related field or an
equivalent combination of training and experience.Seven years loan
operations reporting experience, including a background in loan
servicing and exposure to SBA loans.Preferred RequirementsPrevious
experience with internal and external department audits and
management of SOX controls.Must have strong understanding of loan
accounting and loan interest calculations.Experience reviewing key
loan documents for consumer and commercial loans.Team lead
experience.Knowledge of the PCFS loan platform.Report writing with
Business Objects and similar tools.Strong Excel skills and
proficiency in other Microsoft Office suite products, e.g. Word,
Outlook, PowerPoint.Excellent verbal, written, and interpersonal
communication skills.A team player able to work effectively in a
team fostered, multi-tasking environment.Employment with The
Bancorp includes successfully passing a background check including
credit, criminal, OFAC, education and past employment.The Bancorp
is an equal opportunity employer. All qualified applicants will
receive consideration for employment without regard to race,
religion, color, national origin, sex, sexual orientation, gender
identity, age, status as a protected veteran, among other things,
or status as a qualified individual with disability.Employment with
The Bancorp includes successfully passing a background check
including credit, criminal, education, employment, OFAC, and social
media background history.The Bancorp is an EQUAL OPPORTUNITY
EMPLOYER and will not discriminate on the basis of race, color,
religion, gender, gender, identity, sexual orientation, pregnancy,
citizenship, national origin, age, disability, genetic information,
veteran status or other protected category with respect to
recruitment, hiring, training, promotion, and other terms and
conditions of employment.
Keywords: The Bancorp Bank, Wilmington , AVP Loan Administrator II, Other , Wilmington, Delaware
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