Credit Administration Officer

Join to apply for the Credit Administration Officer role at First Bank Florida

• 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 Credit Administration Officer reports to the Credit Administration Workout Manager/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.
• 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.
• Ensures distribution of approved credits and respective tickler update
• New Money Approved/Closed and funded, Commercial & Consumer-Residential, 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, 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.
• Support 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.
• Supports completion of the GL reconciliations reports and proper safeguarding.
• Supports 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.
• Supports SAG:
  Interact with investors, brokers, loan offices, and attorneys 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 judgments, generation of defaults letters, manage assigned portfolio of non-perming assets in conjunction with the assigned attorney; attend mediations and/or depositions. Coordinate with First Bank Florida 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. Oversee the completion and accuracy of the Datamart data validation and certification.
• Post-closing:
  Review loan documentation to confirm proper signature, dates, and other relevant information, assemble and verify accuracy of loan documentation, including review of title commitment, communicate with title company if any information is missing or was omitted from the closing package, verifies in Encompass system HMDA screen, rate spread calculator, Lereta, UCD, OFAC, CCI; subsequent review and closing work sheet are in Encompass, prepare post-closing checklist, run mavent report and make sure it passes;
  
  once the post-closing is completed advise quality control the file is ready for quality control.
• Ncino and…