Job description

Credit Administration Manager

Direct Hire

Miami, FL

Job Summary:

Responsible for portfolio monitoring while adhering to policy and reporting requirements. Oversee maintenance of Loan Portfolio documentation and for providing support as detailed below. Responsible for special assets overseeing not limited to REO monitoring and handling as well as mitigation strategies and execution.

The position reports to the Senior Credit Officer providing support for Commercial Credit Administration, quality via preparation and delivery of reports, independent appraisals, monitoring of ticklers and crosschecking originated loans. Responsible for drafting procedures as they relate to the credit administration and special assets units. May attend credit committees or other approval processes, as requested.

Essential Responsibilities:

• Responsible for the Underwriting Credit Log portfolio loans under review for Commercial and Corporate loans.
• Preparation of Credit Committee Agenda for open discussions to proper authority and gathers Credit Approval Memorandums (CAM) for presentation to applicable approval authority committee.
• Review Moody’s Lending Cloud system tasks to ensure workflow timing movement.
• Ensures distribution of approved credits and respective tickler update
• Responsible for New Money Approved/Closed and funded, Commercial & Consumer-Residential, Segmentation and Commitment reports by tracking all the loans that are pending to close and that closed during the month as well as timely Datamart and TDR reconciliation and certification submissions. Provides management with information to help monitor and control the Commercial Loan Portfolio.
• Review internal loan review reports, monitoring due and coming due annual reviews, expired and expiring loans, closing pipeline, and call report codes etc.
• Liaison with Internal Auditors, Loan Review, Work-out Officers and the head office Risk Management function; by supporting documentation requests and response, and follow-up in respect to audits; assist with management of incoming and outgoing request for information from corporate and regulatory bodies.
• Monitor the follow-up with various action plans that transpire from the regulatory, audit and/or loan review examinations.
• Oversee the completion and accuracy of the Datamart data validation and certification.
• Support Senior Credit Officer in managing, identifying, and monitoring past dues and non-performing assets, lending activity, and other portfolio trends; discuss, track, present and implement portfolio trends and approved changes.
• Oversee Completion of the GL reconciliations reports and proper safeguarding.
• Oversee the appraisal process/ quoting, ordering and safeguarding.
• Provide weekly overview of Portfolio and preparation of reports not limited to monitoring portfolio for past dues, potential non-performing loans, contact delinquent borrowers; follow-up on past due ticklers related to technical exceptions and annual reviews.
• Oversee SAG – Interact with investors, brokers, loan offices, and attorney’s with the sale distressed assets and portfolio not limited to providing loan document information, monitoring sales and the closings, process and keep track of deficiency judgements’, generation of defaults letters, manage assigned portfolio of non-perming assets in conjunction with the assigned attorney; attend meditations and/or depositions. Coordinate with attorney in negotiating; Preparing and reviewing Stipulation/Forbearance Agreements; management of all incoming bank REOs, preparation of Classified asset reports Oversee / manage the review of modification of cases as well as the loss mitigation process.

Other Responsibilities:

• Oversee the ONBASE system file upload accuracy. (crosscheck) and technical exception monitoring, distribution and follow up
• Review the monthly tickler report for accuracies, changes and updates.

Supervisory Responsibilities:

This position may have 2 or 3 direct reports – administrative staff mostly but could vary to include other operational or support personnel.

Minimum Requirements

• Bachelor’s in accounting, Finance, Business or related field.
• Minimum of 3-5 years of experience working in a financial institution setting with knowledge of the loan documentation, financial information and or equivalent combination of education and experience sufficient to successfully perform the essential functions of the job is required.
• Proficiency in the use of spreadsheet and financial software applications and Microsoft Office Word, Excel, Power Point
• Customer Service oriented.
• Available to work overtime, when required.
• Ability to manage multiple priorities, organize daily tasks and meet deadlines in a high-volume environment.
• Completion of formal credit training preferred
• Excellent written and verbal communication
• Ability to balances team and individual responsibilities and contributes to building a positive team spirit
• Demonstrates accuracy and thoroughness and looks for ways to improve and promote quality

At ttg, “We believe in making a difference One Person at a Time,” ttg OPT #INDR

Job Type: Full-time

Pay: $55,000.00 - $60,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Miami, FL: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• Please enter valid email address here

Experience:

• Loan origination: 3 years (Required)
• Underwriting: 3 years (Required)
• Supervising: 1 year (Required)

Work Location: In person

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