Business Loan Coordinator (022-13 LEND)
Amplify Federal Credit Union - Austin, TX

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DESCRIPTION

Amplify's Business Lending department is growing! AMPLIFY is people helping people achieve financial success. We want to help our members bank less and live more, and that includes members who own businesses. Our personalized service is what it is all about. That is why we were ranked one of the Top 50 Credit Unions in the U.S. by SNL Financial in 2012. We are currently seeking qualified individuals for a Full-Time Business Loan Coordinator position. This role will be located at our Brockton branch in North Austin by The Domain. The ideal candidate will have experience with SBA, commercial real estate, and conventional business loans. These experiences can be in loan servicing, processing/closing, and general business lending admin support, or a combination of each. THE ROLE The Business Loan Coordinator is responsible for business loan portfolio servicing, administration of a business loan participation program, SBA loan re-sell activities, SBA loan monitoring, loan documentation and closing, and support of all Business Lending initiatives.

DUTIES

Act as first point of contact for loan servicing, monitoring, and reporting between Amplify Members, internal departments, applicable governmental agencies, and third partiesProduce periodic reports to ensure that all loans are serviced and monitored in compliance with closing conditions, Amplify polices, and applicable lawsEnsure that all loan files are accurately documented, scanned, and stored Develop and implement file documentation workflowCoordinate SBA guarantee re-sale opportunities through relationships with secondary market buyersMonitor competitive bids and identify most profitable opportunities to sell SBA guaranteesEnsure timely and accurate servicing, monitoring, reporting, to maintain SBA compliance for sold loansEnsure accurate and timely exchange of information between Amplify and participant stakeholdersProduce periodic statements of participant account activity and other Accounting reportsCoordinate and document wire transfers among participation partnersDevelop loan documents for select loan typesTrack outstanding loan documentsCompile all loan documents received into appropriate application files within applicable timeframesPerform pre-closing lien searches and post-closing lien perfection activityPerform a post-closing file review after all documents have been received; notify the Vice President, Business Lending of any exceptionsCoordinate loan closings with Business Loan Officer, Underwriters, Attorneys, and other Third PartiesDisburse business loan proceeds and draw proceeds constructions loans, lines of credit

QUALIFICATIONS

QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the minimum knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education and/or ExperienceHigh school diploma or equivalent required. College degree in related field desired.Minimum of one (1) year of experience preparing documentation for commercial loans. Related financial industry experience (mortgage lending and banking) preferred with Credit Union experience highly desired.&8194;&8194;&8194;&8194;&8194;Certificates, Licenses, Registrations Must be bondable. Software & Equipment Requirements To perform this job successfully, an individual should have knowledge of Microsoft Office Suite including, Word, Excel, and Outlook. Other QualificationsStrong analytical and problem solving skillsGeneral knowledge of credit union/financial servicesExcellent verbal and written communication skillsA passion for people and service, as well as a dedication to building relationships with membersAbility to work with members and staff tactfully and professionally, both personally and on the phoneAbility to work proactively and independently with minimal supervisionStrong computer skills and proficiency with keyboarding in a PC/Windows environment, with an aptitude for learning new software programsAbility to work flexible hours and overtime as neededAmplify conducts credit checks on applicants who are offered this role. To learn more about the credit check process, click here. BENEFITSAMPLIFY offers a rich benefit package including health, dental, life, and disability insurance; 401(k) plan with matching contributions; a fully funded pension plan; profit sharing plan; paid time off; Federal holidays; paid time off to volunteer in the community; tuition reimbursement; a friendly, forward-thinking work environment, and much more. Read our team member testimonials! Check us out on Glassdoor by clicking here! Equal Employment OpportunityAMPLIFY is committed to providing equal employment opportunities (EEO) to all applicants without regard to race, color, religion, gender, genetics, sexual orientation, national origin, age, disability, or status as a covered veteran in accordance with applicable federal, state and local laws. Act as first point of contact for loan servicing, monitoring, and reporting between Amplify Members, internal departments, applicable governmental agencies, and third partiesProduce periodic reports to ensure that all loans are serviced and monitored in compliance with closing conditions, Amplify polices, and applicable lawsEnsure that all loan files are accurately documented, scanned, and stored Develop and implement file documentation workflowCoordinate SBA guarantee re-sale opportunities through relationships with secondary market buyersMonitor competitive bids and identify most profitable opportunities to sell SBA guaranteesEnsure timely and accurate servicing, monitoring, reporting, to maintain SBA compliance for sold loansEnsure accurate and timely exchange of information between Amplify and participant stakeholdersProduce periodic statements of participant account activity and other Accounting reportsCoordinate and document wire transfers among participation partnersDevelop loan documents for select loan typesTrack outstanding loan documentsCompile all loan documents received into appropriate application files within applicable timeframesPerform pre-closing lien searches and post-closing lien perfection activityPerform a post-closing file review after all documents have been received; notify the Vice President, Business Lending of any exceptionsCoordinate loan closings with Business Loan Officer, Underwriters, Attorneys, and other Third PartiesDisburse business loan proceeds and draw proceeds constructions loans, lines of credit

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