CB Portfolio Specialist I

Essential Job Responsibilities

• Assists in managing existing Corporate Banking relationships by performing the following:
  • Collecting and tracking required financial information for the Credit Department to prepare an analysis.
  • Reporting collection activity to management in a timely manner.
  • Providing service to commercial clients on their banking needs with respect to deposit, loan, and other miscellaneous products and services, including (but not limited to):
    • Answering questions on loans and other accounts.
    • Aiding in loan payments and collecting past due loan payments.
    • Processing advances from lines of credit or multi disbursement credits.
    • Preparing and initiating wire transfers.
    • Performing client verification for ACH and Wire Overlimit requests.
    • Working with branches to set up accounts or other services and introducing clients to branch staff.
    • Researching issues, providing solutions, and preparing maintenance.
    • Working with Treasury Management on client issues, as needed.
  • Building client relationships by identifying needs, recognizing cross-sell opportunities, and communicating to Corporate Banking relationship team.
  • Loan Origination System (Abrigo) front-end input of new loan requests.
  • Actively participating in Regional Relationship Team meetings.
• Assists with coordinating loan and modification closings by performing the following:
  • Preparation of the required pre-closing documents needed for the in-house loan documentation to begin (i.e., commitment letter, application, Reg B Letter, Good Standing Searches).
  • Ordering Property Reports and flood determinations (if real estate is held as collateral).
  • Completing UCC Search to prepare UCC Summary and working with Secured Credit to order an appraisal (if applicable).
  • Completing all required Loan Origination System workflows to move requests from loan approval through closing and post-closing workflow stages.
  • Obtaining all invoices, descriptions, Serial numbers, etc. if equipment is being purchased.
  • Preparing upload forms for the loans to be booked to the system.
  • Cooking loan closings and fundings with all necessary parties, including Loan Services, title companies, counsel, borrower’s counsel, and the Wire Room, when applicable.
  • Issuing attorney engagement letters and working with outside counsel to prepare the loan documents in accordance to the bank approval and remaining in constant communication with the attorney, Corporate Banker, and Loan Documentation to meet all deadlines as well as close the loan as approved.
  • Preparing necessary internal documents needed for the closing and funding of new loans, i.e., wire instructions, wire form, upload documents, Disbursement Authorization, etc.
  • Communicating with Loan Documentation to ensure that funding of the loan occurs in a timely fashion and works out any issues that may arise.
  • Checking status of funding and notifying all necessary parties when it has occurred.
  • Working with Serviced Loans and Secured Credit to provide necessary information for closing participations and syndications, fully-followed transactions, dealer floor plan lines, and real estate transactions.
  • Checking system to ensure that the loan(s) were uploaded properly.
  • Following proper policies and procedures to authenticate clients for all requests.
  • Verifying identity and ensuring that the appropriate authorized individual has submitted the request and has provided supporting documentation to prevent fraud.
  • Working closely with the Portfolio Manager and Corporate Banking Portfolio Team Lead to ensure the risk management of each client relationship is in compliance with policy and procedure, as well as commercial and regulatory guidelines.
  • Aiding senior staff with coordinating rate changes, fees, lender incentives, etc. for SWAPs with Corporate Banker, client, Treasury, and any other financial institution for participation loans.
• Assists with follow-up on Audit Findings as needed.
• Works with all necessary parties including title companies, counsel, and client to clear documentation exceptions in a timely manner.
• Provides general administrative support, which may include preparing miscellaneous reports for the department as requested, scanning documents to loan files, monitoring collateral information to ensure accuracy on reports, assisting with missing documentation follow-up, and creating and maintaining corporate client files.

Bona Fide Occupational Qualifications

• Minimum of one (1) year related experience required.
• A high school diploma or equivalent is required.
• Excellent MS Word and Excel skills, customer service and communication skills, ability to work as a team player, and to prioritize work effectively are all required.
• Strong computer skills with the ability to learn internal systems are required.