Commercial Loan Processing Supervisor

Location:

355 North Fifth Street

Indiana, PA 15701

Hours:

Monday - Friday: 8:00AM - 5:00PM

(Additional hours as necessary to meet the objectives of the department)

Function:

Lead the day-to-day functions of the Commercial Loan Processors ; Responsible for identifying potential fraudulent credit applications; developing process efficiencies; this position is the 'point' for appraisal reviews & disputes; constant interaction with prop/flood/appraisal vendors; assist with management of compliance and regulatory updates; obtain thorough knowledge of banking laws, federal and state regulations, Bank policies and lending platforms.

Duties and Responsibilities:

• Manage the day-to-day workflow of the Commercial Loan Processors ; Lead & coordinate the research, compilation and analysis of quality control; resolve deficiencies by training and coaching Commercial Loan Processing staff.

  • Makes recommendations for personnel regarding employment, performance ratings, salary changes promotions, transfers and terminations

  • Performs corrective action (within designated authority) when applicable; coach high performers and non-performers

  • Responsible for approval of timecards and personal time off requests to ensure proper coverage

  • Recommends course of action to Commercial Loan Processing staff on systemic changes, regulatory changes; conduct group and one-on-one training sessions with staff when needed

  • Maintains a thorough knowledge of all applicable banking laws / state and federal regulations and the Bank's Corporate & Lending Policies / Underwriting Manuals to ensure compliance

• Coordinates and manages Commercial Loan Processors by:

  • Review applications and Credit Reports for potential fraud to identify and reduce potential risk to the bank

  • Evaluates operations of Commercial Loan Processors to adhere to banking regulations

  • Manages the distribution of the reports to the Bankers once received and reviewed in a timely manner.

• Serve as escalation point person for vendors on Property Reports, Flood, Appraisal disputes, and attorneys.

• Approves Flood Insurance coverage and Flood Insurance Worksheet calculations prepared by Processors to ensure the Bank obtains adequate flood insurance coverage.

• Ensure peer reviews are conducted in a timely and accurate manner.

• Evaluates work done by Processors in order to maintain quality of day to day review of reports

• Maintains and enhances a good working relationship with vendors and outside legal counsel.

• Prepares departmental procedures and ensures proper implementation and maintenance of approved changes

• Recommend revisions for improved operational policies to VP Commercial Loan Doc Admin Manager

• Gather Loan Review and Audit documents, research Loan Review and Audit "findings" and coordinate the appropriate research with the VP Commercial Loan Doc Admin Manager

• Maintains proficiency in the loan origination software, Microsoft Office (Word, Excel, & Outlook), Internet searches, Core Operating System (FIS), imaging system, applicable vendor software along with the upgrades to these programs or replacement software and any other conduit available to process all orders as well as prepare required documentation.

• Required to stay current on all regulatory, legal and compliance changes and to effectively communicate to the processing staff

• Exercise a high level of accuracy, initiative, interpersonal skills and confidentially while performing tasks in order to contribute to the success of the department and organization

• Advances knowledge through further education and/or obtaining certifications and attending training, where appropriate, on regulatory, platforms and audit issues or concerns.

• Prepares or assists in preparing various department reports such as department productivity and department error tracking reports.

• Manages the maintenance of reports to be used by Management

• Maintain and enhance good working relationships with S&T employees, demonstrates the ability to work effectively independently; also works as a team player to the success of all department and the organization

• Performs additional job duties as needed.

Education:

Requires a two year degree or 3-5 years job experience. Bank offered supervisory training (Stellar) required to have been successfully completed.

Experience:

Requires five to seven years general experience and three to five years specialized experience to include Business Banking Real Estate Lending and Lending Regulations. Supervisory experienced required.

Physical Demands:

Requires the use of manual dexterity skills for typing and data entry up to 70% of the business day. Specific vision requirements include close vision of 18"- 20" for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Salary Range: