Business banking officer vs consumer loan underwriter

Differences between business banking officer and consumer loan underwriter duties and responsibilities

Business banking officer example responsibilities.

• Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.
• Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
• Create new lending opportunities, deposit account acquisition, treasury management options and financial counseling.
• Develop client relationship through financial transaction such as commercial real-estate financing, working capital, construction financing and SBA lending.
• Compile data and prepare reports including loan covenant violation, collateral tracking, risk rating exception, and SBA liquidation reports.
• Provide implementation and training on merchant services and treasury products
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Consumer loan underwriter example responsibilities.

• Ensure proper coding are accomplished by determining the appropriate code in accordance with ICD-9 and CPT guidelines.
• Innovate technical solutions, including development of complex macros within MSP, to automate work and reduce manual processes
• Manage a pipeline of fund TRID loans for completeness so they can be deliver and purchase by the required investor.
• Manage the organization's HMDA data and accurately complete the government reporting annually.
• Render underwritten decisions and subsequently clear conditions per underwriting policies and procedures, including knowledge of FNMA and FMLMC guidelines.
• Generate and distribute IRB committee meeting minutes in accordance with appropriate federal regulations.
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