Third Party Account Coordinator

Position Summary : The Third Party Account Coordinator is responsible for the processing of commercial loans by ordering and tracking third party vendor work and paying related invoices. This position ensures accurate accounting for the receipt of borrowers funds held in good faith account as well as funds to be collected at loan closing. Job Duties / Responsibilities : Maintain knowledge regarding ordering, receiving, and reviewing loan related data from third party vendors including but not limited to UCCs, COGs, appraisal, environmental, flood, and title. Identify anomalies in data received, distribute to appropriate personnel, and retain vendor reports and invoices in borrowers loan file. Track funds used to pay third party vendors invoices from borrowers good faith funds or paid by lender, including preparing requests for approval of payment. This includes reconciliation and balancing of the Good Faith Account and preparation of requests to transfer funds to other related accounts. Assist in gathering, organizing, and reviewing pre- and post-closing loan related documents including closing tickler follow up and preparing internal checklists or forms used to expedite booking to core system, imaging or other downstream processes. Reconcile, review, and provide reporting for Good Faith and Operating cash accounts ensuring adequate funding and allocation of related payable or receivable items Perform all other duties as assigned. Required Skills / Abilities : Financial Acumen and analytical skills Strong communication and negotiating skills Intermediate to advanced skills in Excel Attention to details In-depth knowledge of state and federal finance laws and bank policies Education and Experience : Bachelors degree required in finance, accounting, economics, or related field Minimum 3 years of experience in commercial lending services, general ledger and account reconciliations Physical Demands and Work Environment : The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is regularly required to talk or hear. The noise level in the work environment is usually moderate. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The employee frequently is required to use hands or finger, handle, or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and / or move up to 25 pounds. Onsite work environments are climate controlled.