Jobtitle
Senior Loan Administrator VI

    Job Description

Jobdesc

General Description:

  • Assist and support Credit Risk Manager in the analysis and portfolio management of new and existing borrowers.
  • Provide critical back-up support to Book-keeping, Customer Service and Teller Line functions as necessary.
  • Co-Administer Laser-Pro and Deposit-Pro documentation software.
  • Support bank-wide compliance initiatives.
  • Spread income statements and balance sheets into software for common size and trend analysis; assist in preparing credit presentations.
  • Monitor and calculate financial covenants and ratios to ensure borrower compliance with executed legal documents.
  • Review collateral audits, analyzes accounts receivable aging reports and borrowing base certificates. Update the FISERV loan system with current availability information.
  • May accompany bank staff on the client sales calls for the purpose of professional skill development and to gather information for underwriting of commercial credit requests.

Accountabilities:

  • Spread financial statements as requested. Maintain the bank’s financial spreading software in order to provide overall support and assistance to Lenders in the financial analysis process.
  • Review incoming financial statements. Update and/or complete financial spreads and covenant monitoring worksheets.
  • Provide written financial statement analysis for credit presentations, file comments and annual reviews. Maintain the report of review due and works with lenders to keep comments current.
  • Prepare commercial loan documents.
  • Monitor and review floorplan advances and payments to ensure loan agreements are enforced on a timely basis to protect the bank’s interests.
  • Manage, portals, reports and software to assist in departmental functions such as CECL, appraisal engagement, vendor management etc.
  • Assist in mentorship of junior bank staff to aid in employee professional development and to increase organization wide knowledge.

Expectations:

  • Perform job accountabilities with a high level of accuracy and timeliness.
  • Maintain knowledge and understanding of Loan Policy as approved by the Board of Directors.
  • Maintain knowledge and understanding of service standards for the department and departments that are a part of the workflow for this position.
  • Provide open communication to supervisor or manager when service standards cannot be met due to training needs, equipment problems, quality of work received from others.
  • Uphold the employment guidelines outlined in the employee handbook and/or union contract.
  • Develop and maintains knowledge of compliance and internal control requirements necessary to complete the job.
  • Perform duties in compliance with policy, procedure and process.

Disclaimer:

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.

    Education & Experience

Educ

Qualifications

Education and/or Experience: Bachelor’s degree with emphasis in Business Administration/Accounting or Finance preferred. Previous financial services experience required.

Critical Skills:

  • Professional and confidential
  • Effective verbal and written communication skills
  • Ability to deliver a high level of responsiveness to internal customers.
  • Ability to multi-task and organize priorities.
  • High computer literacy including Word and Excel.
  • Maintain high level of focus and accuracy
  • Strong analytical skills

Environment and Physical Factors:

The physical demands described here 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 the essential functions.

This work requires the exertion of lifting or carrying up to 25 pounds intermittently; work regularly requires sitting, speaking or hearing, using hands to finger, handle or feel and repetitive motions, frequently requires walking and reaching with hands and arms and occasionally requires standing, kneeling, stooping, crouching or crawling; work has standard vision requirements; vocal communication is required for expressing or exchanging ideas by means of the spoken word; hearing is required to perceive information at normal spoken word levels.

No personal protective equipment required. Work is generally performed in an office environment with standard office equipment and furnishings available. Occasionally, may be required to attend off-site training and perform site visits.

    About

About

At Union Bank & Trust, we know you want to feel secure and confident in your pursuit of a financial services partner, one that’s committed to providing you with services and solutions that meet and exceed your expectations. We believe you deserve a best-in-class team that is focused squarely on the personal and professional demands of you and your organization’s financial life. This is how we’ve been building relationships for over 40 years.

Whether you are looking for Commercial Banking Services, an Institutional Trust Services or Personal Trust Services, our dedicated group of specialists work tirelessly to create solutions customized for your financial needs. We are owned in perpetuity with a stable ownership model so were with you for the long haul. We’re here to serve you, your business and your clients—now, and 40 years from now—while honoring a tradition that upholds our founding values.

    How to Apply

Apply

Email your resume to careers@ubtmn.com

Company
Union Bank & Trust Co.
Address
312 Central Ave SE Minneapolis, MN 55414-1025

MBA Job number/Date Added

FilenumDateadded
H-71189/9/2021