What are the responsibilities and job description for the Commercial Loan Processor, Alaska Growth Capital position at Bristol Bay Native Corporation?
The Commercial Loan Processor is an integral member of the Alaska Growth Capital team who performs all aspects of loan origination, processing, closing, and ongoing servicing for commercial lending activities, including various government guaranteed loans.
Responsibilities
- Origination: Review loan applications for completeness, conduct initial credit and lien searches, track pending due diligence items, input new customer data into various systems.
- Processing: Prepare and review loan documentation, order necessary documentation for lien perfection for varied assets (real property, equipment, accounts receivable, aircraft, vessels, etc.), coordinate with customer to obtain required information.
- Closing: Coordinate with Loan Officer and close loans in accordance with all applicable policies and procedures, conduct all activities related to fund disbursements, perfecting all applicable security interests.
- Servicing: Track and follow up on required ongoing borrower financial reporting, track and follow up on various open ticklers, maintain complete and organized physical and electronic loan files and systems, monitor for past due payments and reporting and coordinate with Loan Officer to satisfy, assist in preparation and review of various internal and external portfolio reporting, lead efforts to assure servicing is meeting SBA, USDA, and NMTC requirements, process Loan Officer requests for releases of collateral or loan modifications.
- General Support: Provide general support to Loan Officers and Management, as needed, for various projects and initiatives.
Essential Skills
- Time Management: Uses time effectively and efficiently, concentrating efforts on the more important priorities.
- Composure: Is cool under pressure and can handle stress. Can be counted on to hold things together during tough times and adapt to changing priorities.
- Self-Development: Is personally committed to and actively works to continuously improve and understands that different situations and levels may call for different skills and approaches.
- Learning on the Fly: Learns quickly when faced with new problems and change. Collaborates to find solutions and enjoys the challenge of unfamiliar tasks.
- Functional/Technical Skills: Has the functional/technical knowledge and skills to do the job at a high level of accomplishment.
- Physical Demands: Occasional standing, walking, climbing, stooping, kneeling, and lifting (up to 50 lbs).
- Requires hand dexterity and various vision abilities.
- Reasonable accommodations available for individuals with disabilities.
Advancement Opportunity
- This position can advance to Commercial Loan Processor II
This job description is not a legal document and in no way states or implies that these are the only duties to be performed by the employee occupying this position. The incumbent is expected to perform other duties necessary for the effective operation of the department. Any qualifications to be considered as equivalents in lieu of stated minimums require prior approval of Human Resources.
BBNC grants employment preference first to BBNC shareholders, their spouses or descendants, and second to Alaska Native Corporation shareholders in accordance with P.L. 93-638.
