What are the responsibilities and job description for the Credit Risk Management Specialist I position at CEN?
GENERAL DESCRIPTION OF POSITION
The Credit Risk Management Specialist I is responsible for daily tasks related to Dealer Floor program and assists with general tasks of the Credit Risk Management department. This position cross trains to utilize the consumer loan decision software DecisionPro, and to provide consumer loan underwriting decisions. The Credit Risk Management Specialist I serves as back up to perform second review of consumer loan denials.
ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Process daily activity of advances and payments related to Dealer Floor program. This duty is performed daily, about 40% of the time.
2. Prepare end of period reports related to Dealer Floor program. This duty is performed monthly, about 5% of the time.
3. Provide customer service for established dealers. This duty is performed daily, about 5% of the time.
4. Provide system training to new dealers. This duty is performed as needed.
5. Actively use and achieve proficiency in all aspects of the Dealer Floor program. This duty is performed daily, about 10% of the time.
6. Prepare Home Ownership letters. This duty is performed daily, about 5% of the time.
7. Utilizing DecisionPro software, underwrites and ensures the satisfactory and prompt delivery of consumer loan underwriting decisions. This duty is performed daily, about 20% of the time.
8. Utilizing established processes, ensure proper compliance measures and action regarding Fair Credit, Reg. Z, and Reg B compliance. This duty is performed daily, about 5% of the time.
9. Communicates alternative financing options for consumer credit requests. This duty is performed as needed.
10. Ensures delivery and proper completions of system generated documents for loan programs using an E-sign process. This duty is performed daily, about 5% of the time.
11. Utilizing established processes, initiate funding of approved and documented consumer loans for loan programs using an E-sign process. This duty is performed daily, about 5% of the time.
12. Completes required BSA/AML training and other compliance training as assigned. This duty is performed as needed.
13. The ability to work in a constant state of alertness and in a safe manner.
14. Perform any other related duties as required or assigned.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
EDUCATION AND EXPERIENCE
Knowledge of a specialized field (however acquired), such as basic accounting, computer, etc. Equivalent of four years in high school, plus night, trade extension, or correspondence school specialized training, equal to two years of college, plus 2 years related experience and/or training, or equivalent combination of education and experience.
COMMUNICATION SKILLS
Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization.
MATHEMATICAL SKILLS
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.
CRITICAL THINKING SKILLS
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.
REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS
Not indicated.
PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS
Not indicated.
SOFTWARE SKILLS REQUIRED
Intermediate: 10-Key, Alphanumeric Data Entry, Spreadsheet, Word Processing/Typing
Basic: Accounting, Database, Presentation/PowerPoint
WORKING CONDITIONS
Normal working conditions as found within an office setting, wherein there is controlled temperature and a low noise level, plus a minimum of distractions.
ENVIRONMENTAL CONDITIONS
The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
PHYSICAL ACTIVITIES
The following physical activities 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 and expectations.
Semi-repetitive, low physical. Semi-repetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks.
While performing the functions of this job, the employee is continuously required to sit, use hands to finger, handle, or feel, talk or hear; frequently required to reach with hands and arms; and occasionally required to walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.
ADDITIONAL INFORMATION
-Must be available to cover service hours of Monday – Saturday 7 am to 6 pm. Flexible scheduling is available for a total 40 hour work week. Overtime may be required.
