Loan Operations Specialist II
Company: CFG BANK
Location: Baltimore
Posted on: April 20, 2024
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Job Description:
TITLE Loan Operations Specialist IIEOE STATEMENT CFG is an Equal
Opportunity Employer. We provide equal employment opportunities to
all employees and applicants for employment without regard to race,
color, religion, sex, national origin, age, disability, veteran
status, or any other legally protected characteristic. We are
committed to ensuring a diverse and inclusive workplace, and all
employment decisions are based on merit, qualifications, and
business needs. If you require accommodations during the
application process, please contact Human Resources. LOCATION CFG
Corporate Office DESCRIPTIONCOMPANY SUMMARY: We provide
comprehensive commercial, personal, and online banking solutions to
businesses in the Mid-Atlantic region and the national healthcare
market. Our culture is characterized by authenticity,
entrepreneurship, and compassion. We defy conventional banking
norms with a bold and innovative approach, venturing into new
territories and executing groundbreaking deals. Recognized as the
Best Place to Work by the Baltimore Business Journal in both 2022
and 2023, our #1 goal is to make people feel that working here was
the best decision they have made. Join us at CFG, where your bold,
entrepreneurial, and tenacious spirit will thrive, and together we
will achieve success and make a lasting impact. POSITION SUMMARY:As
a Loan Operations Specialist, you will play a pivotal role in the
accurate and efficient management of loan portfolios for Bank,
Capital Funding, and Capital Finance. You will be responsible for
booking loans, performing maintenance tasks, and ensuring precise
reporting. Additionally, you will analyze, research, and resolve
account issues while maintaining a strong rapport with clients and
internal stakeholders. This role demands a keen eye for detail,
excellent communication skills, and the ability to thrive in a
fast-paced environment. ESSENTIAL DUTIES AND
RESPONSIBILITIES:Accurately book loans on the core processing
system for CFG Bank, Capital Funding, and Capital Finance
portfolios.Perform comprehensive maintenance tasks, including
modifications and extensions, for all three companies' loans.Ensure
precise booking and management of loan participations.Guarantee
accurate reporting of bank loans serviced by Capital Funding or
third-party servicers.Analyze, research, and resolve account
issues.Review reports and disburse participation payments, along
with corresponding correspondence to participant banks.Serve as a
backup for processing loan payments, payoff transactions, advances,
and daily reconciliations.Conduct thorough reviews of loan
maintenance activities within the department.Update ticklers on the
loan system for timely follow-ups.Assist clients in addressing any
issues that may arise during the lifespan of the loan, fostering
strong relationships with both clients and internal
personnel.Conduct detailed document reviews and initiate wire
transactions.Perform other various duties as assigned, exhibiting
flexibility and adaptability. QUALIFICATIONS AND
REQUIREMENTS:Minimum 5-7 years of hands-on experience in commercial
loan boarding.Profound understanding of loan documentation,
operations, and booking requirements.Exceptional customer service,
filing, and organizational skills.Strong proficiency in Microsoft
Excel, Word, and Outlook.Ability to work independently, meeting
daily objectives within designated timeframes.Expert multitasking
and prioritization abilities in a dynamic work environment.In-depth
knowledge of both commercial and consumer lending products.Solid
grasp of accounting principles and practices. WORK ENVIRONMENT: We
offer a hybrid schedule, with 3 days inoffice and 2 days remote
after the initial 90-day period. ABOUT THE ORGANIZATION CFG BANK
HAS ESTABLISHED POLICIES AND PROCEDURES TO FULFILL THE REQUIREMENTS
OF THE BANK SECRECY ACT (BSA), USA PATRIOT ACT (CUSTOMER
IDENTIFICATION PROGRAM) AND ECONOMIC SANCTIONS PROGRAM (OFAC). IN
ORDER TO ENABLE ITS EMPLOYEES TO ACHIEVE THE OBJECTIVES AND
RESPONSIBILITIES OUTLINED IN THESE POLICIES AND PROCEDURES AND TO
COMPLY WITH THE REQUIREMENTS OF THESE ACTS AND LAWS, THE BANK HAS
SET FORTH UP-TO-DATE CURRENCY TRANSACTION REPORTING AND SUSPICIOUS
TRANSACTION REPORTING PROCEDURES INTENDED TO ASSURE THE PREPARATION
AND FILING OF COMPLETE AND ACCURATE CURRENCY TRANSACTION REPORTS
(CTR) AND SUSPICIOUS ACTIVITY REPORTS (SAR) FOR EACH AND EVERY
REPORTABLE TRANSACTION AND HAS PROVIDED CURRENT OFAC LISTS FOR NEW
CUSTOMERS AND LOAN APPLICANT COMPARISONS.AS AN EMPLOYEE OF CFG BANK
YOU ARE REQUIRED TO BE:--- DEDICATED TO ACHIEVING THE OBJECTIVE OF
ASSISTING BANK MANAGEMENT IN THEIR EFFORTS TO IDENTIFY REPORTABLE
TRANSACTIONS; AND--- DEDICATED TO ACHIEVING THE OBJECTIVES AND
REPORTING REQUIREMENTS OUTLINED IN THE BANK'S BSA, CUSTOMER
IDENTIFICATION PROGRAM AND ECONOMIC SANCTION PROGRAM POLICES.THE
MANDATORY TRAINING TO COMPLY WITH THE REQUIREMENTS OF THE BANK'S
BSA, USA PATRIOT ACT AND ECONOMIC SANCTIONS PROGRAM WILL BE
PROVIDED WITHIN 90 DAYS OF ACCEPTING THIS POSITION.
PIc5297d1eb631-25660-33818914
Keywords: CFG BANK, Bel Air North , Loan Operations Specialist II, Other , Baltimore, Maryland
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