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Senior Loan Administrator, Business Banking
NBT BankSenior Loan Administrator providing a full range of support to Business Bankers and Commercial Lenders for loan processing. Focusing on complex products and ensuring compliance with regulations.
About the role
Key responsibilities & impact- The BB SLA provides a full range of support to the Business Bankers, Branch Teams and Commercial Lenders in processing new loan requests and modifications to existing BB loans.
- Serves as a resource for internal/external customers, facilitates workflow of applications and related documentation, and ensures compliance with all aspects of applicable regulations and procedures.
- Interacts directly with Commercial customers, Attorneys, and other outside professionals to facilitate closings, all within service level agreements.
- Minimizes risk by ensuring loans are closed accordance with approval terms, in compliance with applicable policies and procedures, and safeguarding collateral perfection and collectability.
- Cure document deficiencies by working with relationship managers and directly with customers.
- The BB SLA focuses on more complex products and loan structures, including SBA 7A and 504 loans and construction loans.
- Train and mentor less experienced Team Members.
- Serve as point person for interbank training.
- Troubleshoot complex loan product, collateral perfection and loan documentation issues.
- May serve on projects, initiatives, committees and aid in process development as needed.
Requirements
What you’ll need- High School Diploma or GED required
- Associate’s degree preferred
- 3 years’ loan experience or relevant experience required.
- Basic organizational skills required
- Good communication skills (written and oral) required
- Basic computer skills required
- Proficient in the Bank’s policy, procedures, accounting systems, and loan origination system.
- Requires in-depth administrative knowledge of Business Banking procedures and Loan Policy, as well as an extensive understanding of applicable regulations
- Ability to mentor, train, and provide guidance to less experienced team members.
- Understanding of and ability to appropriately process complex BB loan products.
Benefits
Comp & perks- Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
- Parental Leave: Six weeks of paid leave at 100% of your salary.
- Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
- Dental and Vision Coverage: Ensuring your overall health and well-being.
- Flexible Spending Accounts: For healthcare and dependent care expenses.
- Employer-Paid Disability Coverage: Both short-term and long-term, with an option to purchase additional long-term coverage.
- Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage.
- Voluntary Benefits: Including hospital, accident, and critical illness coverage.
- Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
- Adoption Assistance: Supporting your growing family.
- Tuition Reimbursement: Invest in your education and career growth.
- Employee Assistance Program (EAP): Access to support and resources.
- Pet Insurance: For all your furry friends.
- Financial and Banking Services: Various banking services benefits and financial planning assistance.
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Loan Origination SystemDocument Deficiency ResolutionCollateral PerfectionLoan DocumentationRisk Management
Soft Skills
Good Communication SkillsBasic Organizational Skills
Certifications
High School DiplomaGEDAssociate’s Degree (Preferred)