Loan manager job description

Position is responsible for overall management of assigned portfolio of loans and associated debt. Focus on relationship building and maintenance with customers, borrowers, banks, and internal stakeholders, as well as general loan client servicing.

ESSENTIAL FUNCTIONS:Oversee assigned portfolio of loans and debt, acting as primary point of contact for all stakeholders, including borrowers, third party servicers, and repo lenders. Partner with lending group to effectively administer the management of assigned relationships.Oversee and review all requests for disbursement of funds pursuant to lending agreements and generate or review all necessary documentation prior to submission for disbursement and coordinate reimbursements from repo lenders.Assist with the closing of the loans. Including review of the settlement statement and accurately on board the loans.Review reporting and all data pertinent to assigned portfolio to monitor status and provide regular update to stakeholders. Review and look for areas to improve efficiency and quality of service delivery Ensure accuracy of all data and information entered into loan platform pertaining to lending activities.Oversee and continuously monitor all compliance activities related to assigned lending portfolio and ensure all requirements are met.Review and track all lien waivers and title updates and endorsements Ensure appropriate set-up and maintenance of all required bank accounts tied to assigned portfolio.Act as primary contact for coordination of activities with senior lenders, and third party servicers.Coordinate all pass-through expenditures and interest invoices, and manage the accounts receivable tied to assigned portfolio.

EDUCATION/EXPERIENCE REQUIREMENTS: Bachelor's degree in Finance, Accounting, or related field1-4 years' experience in loan servicing and administration Prior experience in mezzanine debt and construction lending preferred.Proficient in Microsoft Office, especially Excel and Word.Preferred knowledge of GAAP accounting.Operate standard office equipment.

KNOWLEDGE, SKILLS AND ABILITIES:Highly analytical and detail oriented.Deadline driven and ability to manage multiple tasks.Ability to work independently and to proactively evaluate and address work opportunities within the area of responsibility Ability to apply common-sense understanding to carry out instructions.Ability to solve practical problems.Ability to read, analyze and interpret complex agreements.Ability to communicate effectively, both written and verbal.Ability to read and comprehend simple instructions, short correspondence and memos.Ability to write simple correspondence and/or reports Ability to effectively present information to customers, clients and other employees of the organization.

PERFORMANCE METRICS:Accuracy in work product.Timeliness in completion of work product.Feedback from clients, peers, customers and other key contacts on effectiveness of the incumbent.
#LI-EB1

CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.

Salary Grade: EX04

Supervisory Responsibility: Yes

SUMMARY:

The Commercial Loans Manager is responsible for the generation and management of commercial loans. Develops loans, deposits and fee income with both existing and prospective customers. Negotiates loan facilities while balancing the customer’s needs with the Bank’s risk profile, growth, and earnings goals.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned by supervisor and/or Trustco Bank’s Board of Directors.

• Analyze the applicant or client’s financial status, credit, market conditions, competition, and property evaluations to determine the feasibility of granting loans and under what terms and conditions. Prepare Credit Memorandums and Loan Offering Sheets for approval within specified time limits and refer loan requests outside of those limits to senior management for approval.
• Communicate with applicants and existing clientele to discuss loan applications and to answer questions about the process. Explain to customers and applicants the different types of loans and credit options that are available, as well as the terms of those services.
• Obtain and compile copies of loan applicants and existing customers’ credit histories, corporate financial statements and other necessary financial information to begin the credit decision process. This would also include ordering collateral valuations if required.
• Review and update credit and loan files as required by loan policy. Monitor Commercial Loan Maturity Reports so as to evaluate the necessary steps, as well as, financial and collateral information needed to be obtained from the client to underwrite renewals.
• Monitor and participate in the collection efforts of Commercial Loan Officers/Managers to assure the timely collection of all delinquent accounts. Provide direction and assistance as needed or requested in collecting seriously delinquent accounts.
• Monitor and maintain a Loan Officer calling program; establish and maintain positive relationships with existing and prospective commercial customers and referral sources.
• Monitor exception reports for follow up by loan officers for correct loan documentation for errors.
• Facilitate and participate in Loan Officer training

REQUIRED EDUCATION/EXPERIENCE:

• High School Diploma or equivalent education or experience.
• Sales experience within a commercial lending environment.
• Supervisory experience.
• Effective verbal and written communication skills.
• Well organized with the ability to manage multiple tasks and work to time sensitive deadlines.
• Ability to work well independently and in groups.
• Working knowledge with Microsoft Office Programs; Excel and Word.

PREFERRED EDUCATION/EXPERIENCE:

A bachelor’s degree in a business-related field

POSITION TYPE/EXPECTED HOURS:

This is a full-time position. Office hours Monday – Friday 8:30am – 5:00pm. Evening and weekend work may be required as job duties demand.

TRAVEL:

Travel using personal vehicle, occasional overnight travel. Valid driver’s license required.

LANGUAGE SKILLS:

Must be able to speak, read, write, and understand the primary language(s) used in the workplace ; bilingual skills a plus. Ability to read, analyze, and interpret general business information, including but not limited to company policies and procedures. Ability to effectively present information and respond to questions from groups of managers and customers.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• This is largely sedentary role, requiring use of typical office equipment such as a computer, laptop and phone.
• Ability to communicate both in person and/or by telephone.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently exposed to outside conditions. The employee is occasionally exposed to a variety of extreme working conditions, such as construction sites. The noise level in the work environment or at certain sites can be loud.

OTHER DUTIES:

Please note this job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice

AFFIRMATIVE ACTION PLAN/EQUAL EMPLOYMENT OPPORTUNITY STATEMENT:

Trustco Bank is an equal opportunity/affirmative action employer. It is the policy of Trustco Bank to take affirmative action in affording equal employment opportunities to all qualified persons without regard to race, color, religion, sex, national origin, age, marital status, genetic information, disability or protected veteran status.

This includes, but is not limited to, the following:

Hiring, placement, upgrading, transfer, demotion or promotion.

Recruitment, advertising or solicitation for employment.

Treatment during employment.

Rates of pay or other forms of compensation.

Selection for training, including apprenticeship.

Layoff or termination.

It is the policy of Trustco Bank to cooperate to the fullest extent with the applicable regulations of the Civil Rights Act and any legislation on Equal Employment Opportunity.

EEO Statement: We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

Dealership:

L0448 BMW of Sherman Oaks


BMW Sherman Oaks


Helping satisfied customers drive away with a smile on their face is what we do - join a team focused on earning customers for life!

If you are a Rental Car Professional who wants to get your career in gear, come be a part of the Automotive Industry future with the Lithia & Driveway family, a publicly traded (NYSE:LAD) Fortune 500 Company on the fast track. Lithia embodies a unique blend of talent, leadership, and professionalism in a culture that embraces our Core Values of Earn Customers for Life, Take Personal Ownership, Improve Constantly, and Have Fun.

We are committed to growing our company and Growing our People!


Responsibilities


The Rental Center Manager is responsible for the overall success of the Rental Center, developing and maintaining an effective marketing plan which details the steps to take in order to improve the success of the company. This individual manages the activities of all Rental Center related staff ensuring exceptional customer service and the attainment of performance targets. The Rental Center Manager communicates with customers, rental agents and dealership personnel in the execution of his/her duties.

• Conduct face-to-face sales calls in order to obtain new business
• Attend/host outside sales meetings or events to promote the company and location
• Continue to increase the market penetration of the company and increase revenue
• Maintain rental fleet at optimum level for maximum utilization, with a focus on exceptional maintenance standards
• Actively participate in the hiring, training, coaching, mentoring and performance management of the Rental Agents
• Handle or assist in the resolution of customer service issues
• Quotes cost of rental car

Qualifications

• Previous experience in the rental car industry, is a plus
• Excellent interpersonal communication skills
• Excellent organizational and time management skills
• Working knowledge of computers
• Acceptable driving record and a valid driver's license in your state of residence

We offer best in class industry benefits:

• Competitive pay
• Medical, Dental and Vision Plans
• Paid Holidays & PTO
• Short and Long-Term Disability
• Paid Life Insurance
• 401(k) Retirement Plan
• Employee Stock Purchase Plan
• Lithia Learning Center
• Vehicle Purchase Discounts
• Wellness Programs

High School graduate or equivalent, 18 years or older required. Acceptable driving record and a valid driver's license in your state of residence necessary for select roles. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.