196 - Credit Risk Monitoring - Credit… at First United… · Oakland

Job Reporting Relationships

        Supervised by: Director of Credit Risk Monitoring

        Supervises:  None

Basic Qualifications

Education/Training: A high school diploma, or equivalent relevant experience; obtain and maintain appropriate Bank Product Knowledge Certification.

Skill(s): Proficient reading, writing, grammar, and mathematics skills; proficient interpersonal relations and communicative skills; detail oriented; ability to prioritize workload to meet deadlines; proficient PC skills, including Microsoft Word, Excel, Power Point and Adobe/Nuance; Laser Pro; working knowledge of bank systems preferred; visual and auditory skills; valid driver’s license.

Experience: A minimum of one (1) year experience in related banking or finance positions preferred.

General Responsibilities

Responsible for performing various duties to support the construction, insurance claim and floor plan administrative function; tracking of collateral; accurate and timely preparation of commercial loan documents; complying with operating policies and procedures of the department; coordinating work within the department as well as with other departments; reporting pertinent information to the immediate supervisor; responding to inquiries or requests for information.

Essential Duties

Performs administrative duties to support the consumer and commercial construction escrow function:

Maintains Construction Escrow Disbursement Files. Coordinates construction inspection with the inspector, contractor and borrower. Pays the builder per the Plan Review/Draw Schedule/Inspector Review. Orders foundation location surveys from surveyors. Coordinates with Loan Operations to apply disbursements against escrow. Maintains approved Contractor’s List with appropriate licensing. Maintains approved Inspector’s List with appropriate licensing. Prepares each disbursement for uploading to electronic imaging system. Processes 1099 government reporting for consumer construction disbursements. Collect all necessary documentation at finalization of project to close out escrow funds.

Performs various administrative duties to support the insurance claim function for both consumer and commercial loans:

Tracking of insurance claim proceeds. Coordinates inspections as required with the inspector, contractor, and borrower (as needed). Maintains Insurance Claim Disbursement Files. Coordinates with Loan Operations to apply disbursements against escrow. Forwards requests to CRMS II and/or DCRM for review/approval of how to proceed with claim (release or hold for completion of repairs). Prepares each disbursement for uploading to the electronic imaging system. Processes 1099 government reporting for insurance disbursements.

Perform various duties to support the Commercial Documentation process of which the following are illustrative:

Accurate preparation of Commercial Loan Documents in accordance with the final approved credit facility. Working knowledge of the principles of loan documentation and perfection of security interests. Follow up with appropriate internal and external customers as necessary to obtain clarification and/or any missing/incomplete data within the timeframes established.

Performs various administrative duties to support the floor plan monitoring function:

Process daily dealer transactions to accounting records. Assist with processing all new and used vehicle invoices. Assist with posting vehicle sales and purchases. Submit FTM credit and debits for approval.

Track all loan related collateral, including but not limited to titled units, and UCC (Uniform Commercial Code) filings. Work with business units to resolve any missing or unidentified collateral. Ensure all collateral has been properly imaged to electronic imaging system.

Performs administrative duties to support the Approved Appraiser List:

Maintains Approved Appraisers List with annual updates to licensing and E &O requirements. Collects required information from new appraisers wishing to be vetted for approval. Submits all required documentation to approving committee for review/approval.

Performs administrative duties to support the Approved Attorney List:

Maintains Approved Attorney List with annual updates to E &O requirements. Collects/maintains required information from commercial teams requesting the addition of new attorneys.

Serves as backup to other Credit Risk Monitoring Specialist I as needed.

Ensures procedures are updated as needed for various duties in department.

Coordinates specific work tasks with other personnel within the department as well as with other departments to ensure the smooth and efficient flow of information.

Abides by the current laws and organizational policies and procedures designed and implemented to

promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.

Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and

practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.

Reports pertinent information to the manager as requested, or according to an established schedule;

compiles information as necessary or as directed and provides data to appropriate bank personnel.

Assists with providing any requested information to bank consultants, regulators, and accountants.

Performs other related duties as assigned.

Ancillary Duties

Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Job Location

Operations Center / Hybrid

Equipment/Machines

Automobile PC/Computer keyboard Calculator Telephone Copy machine Printer Fax machine

Full Time Employment Benefits: Fulltime hourly-paid employees will be provided 12-days of Paid Time Off (PTO), that is accrued 1-day for each month worked. After the completion of 90-days of employment accrued PTO can be used for any purpose including being paid for absences or vacation time. At the end of the first year of employment, any unused PTO will be converted to the employee’s sick time accrual. Sick time will begin accruing effective on the employees first year anniversary up to 120 days. At that point, PTO is no longer available; and any paid absence will be eligible under the sick, vacation, personal and family sick pay policy. After one year of service the employee is eligible for their annual vacation benefit. Salaried-paid employees are not eligible for PTO and accrue paid sick days at 1-day per month; and any vacation time that has been approved for the 1st year of employment.12 paid holidays, 2 Personal days, 2 Family Sick days, 2 Volunteer Days after completion of 90 days of employment. Eligible for Health Care, Dental and Vision (single and family) the first of the month following 30 days of full-time employment. 401(k) eligible on the first day of the month following 30 days of employment with employer match available. Company Wellness Program. Company Stock program available after 1 year of employment. Annual Performance Reviews completed, and salary increase amount given based on individual performance. This position is an hourly position eligible for overtime. Salary RangeMinimum: $15.00Maximum: $28.87