P a g e 1 | 3
Position Title - Loan Administration Specialist
Department / Location - Loan Ops / Round Rock (East Palm Valley Blvd.)
Salary - Commensurate with Experience
FLSA Status - Non-Exempt
Posting Date - 07/03/2024
R Bank’s foundation is our community, our customers, our employees, our shareholders, and our bankers. We are a locally owned and operated business with a value proposition of developing a high touch relationship with our customers while providing high tech solutions to their financial needs. The technology that we employ allows us to provide a state-of-the-art banking experience in a relaxed environment.
General Description / Purpose:
This position provides excellent administrative support to our customers as well as R Bank’s Lending team. The Loan Administration Specialist will analyze and evaluate Commercial and Consumer loan files to monitor credit risk and ensure regulatory compliance. In addition, this position will assist in the processing, tracking, and funding of loans.
The requirements listed below are representative of the knowledge, skill, and / or ability required. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The competence of the employee in performing his or her job duties will be demonstrated, maintained, and improved on an ongoing basis.
The statements contained in this position description reflect the general duties considered necessary to describe the principal functions of the job as identified and shall not be considered a detailed description of all the work requirements that may be inherent in the position.
Duties and Responsibilities:
- Perform Quality Assurance Reviews on loan packages including proper approval authority, entity documentation, promissory notes, security instruments, loan agreements, lien instruments, title commitments / real property searches, appraisals, contracts, UCC searches, insurance policies, surveys, and environmental reports.
- Review customer loan files for appropriate verification as required by R Bank policy.
- Perform loan file maintenance including billing corrections, payment schedules, reversal entries, waived late charges, interest adjustments and payment extensions.
P a g e 2 | 3
- Help to ensure loans are compliant with all laws, regulations, and internal policies.
- Assist in monitoring exception reports to clear exceptions in a timely manner.
- Review for accuracy all New and Renewed loans on the Core Processing System.
- Complete required BSA / AML training, adhere to BSA / AML requirements and R Bank policy, and report any abnormal loan activity on high-risk customers.
- Administration of promissory notes, titles, and recorded documents.
- Process and mail paid notes and coordinate collateral release for paid loans.
- Communicate critical exceptions to loan officer.
- Responsible for organizing and scanning loan files onto the Document Imaging System.
- Prepare Commercial, Agriculture and Consumer loan documents in Laser Pro.
- Board new loans and renewals onto the Core Processing System.
Required Knowledge, Skills, and Abilities:
- High school graduate or equivalent. Preferred, but not required, two- or four-year college degree.
- Minimum of 2 years of branch banking experience including a general knowledge of branch operations preferred, but not required.
- Minimum 2 years of commercial lending experience required that includes processing, closing, perfecting liens, etc.
- Ability to exhibit a warm, friendly, approachable personal style and deal effectively with the customers’ or visitors’ questions.
- Ability to organize and manage multiple priorities.
- Must demonstrate professionalism in dealing with customers, managers, and co- workers.
- Ability to maintain composure under pressure.
- Ability to answer telephones in a professional, friendly, and courteous manner.
- Ability to speak in a clear and understandable manner and write legibly.
- Ability to read, understand and carry out verbal and written instructions and to request clarification when needed.
- Ability to work efficiently and accurately in an atmosphere of frequent interruption.
- Proficient in arithmetic, bank practices and procedures, and departmental rules and regulations.
- Ability to be self-motivated person with an outgoing and pleasant personality.
- Excellent typing and work processing skills. Basic knowledge of computer and other office technology operations. Familiarity with loan origination software, word processing, database management and Internet based software programs.
Preferred Knowledge, Skills, and Abilities:
- Ability to speak Spanish.
P a g e 3 | 3
Physical Demands:
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.
While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit. The employee is occasionally required to stand; walk; use hands to handle or feel; reach with hands and arms; climb or balance; stoop, kneel, or crouch. The employee must frequently lift and/or move up to 45 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and ability to adjust focus.
Benefits Package:
R Bank is committed to the success of our employees. We offer an attractive benefits package including Medical, Dental, Vision, Life, Disability, 401k, and EAP. You can learn more about R Bank and our services at www.r.bank.
Apply:
If you meet all of the minimum qualifications for this position and would like to apply, please email updated resume to humanresources@r.bank or you may upload via www.r.bank.
R Bank is subject to Executive Order 11246 and to the Vietnam Era Veterans’ Readjustment Assistance Act of 1974 (VEVRAA). It is the policy of R Bank to provide equal employment opportunity to all qualified applicants for employment without regard to race, color, religion, national origin, sex, sexual orientation, age, veteran status, or disability.
Job Type: Full-time
Pay: $45,000.00 - $65,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Physical setting:
Schedule:
- 8 hour shift
- Monday to Friday
Experience:
- Branch banking: 2 years (Preferred)
- Commercial lending, processing, closing: 2 years (Required)
Ability to Commute:
- Round Rock, TX 78665 (Required)
Ability to Relocate:
- Round Rock, TX 78665: Relocate before starting work (Required)
Work Location: In person