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Loan Portfolio Specialist I

Shore United Bank
Shore United Bank Salary
Fredericksburg, VA Full Time
POSTED ON 1/7/2025
AVAILABLE BEFORE 5/28/2025
Shore United Bank is seeking a full-time Loan Portfolio Specialist I to join our team. The Loan Portfolio Specialist provides administrative support to sales team in various aspects of the loan/relationship onboarding process. This position also serves as a point of contact for commercial loan customers by providing a high level of service in response to questions, requests, or concerns.

Essential Functions Include

  • Organizes the Relationship Manager’s work environment and schedules appointments as necessary.
  • Maintains customer financial files, specifically collection of annual required financials, with minimal exceptions.
  • Submits financial requests, tracks and documents follow up calls for collection of information.
  • Mails/emails renewal commitment letters, tracks disbursement of letters and documents follow up calls for collection of renewal letter and fee collection.
  • Assists with coordination of annual loan reviews and renewals, which should be completed and booked prior to the maturity date.
  • Addresses customer needs as appropriate.
  • Assists in the preparation of credit memos and facilitates communication between underwriter, relationship manager/portfolio manager and client for new requests and annual renewals.
  • Work with the branch and commercial services team to ensure new account and treasury management documentation is collected and saved.
  • Manages opportunities in our CRM (nCino) for the sales staff.
  • In coordination with the Loan Support Specialist, assist with coordinating loan closings and collecting due diligence reports and loan closing checklist items.
  • Mails renewal commitment letters, tracks disbursement of letters and documents follow up calls for collection of renewal letter and fee collection.
  • Input and assists with coordination of annual loan reviews and renewals.
  • Addresses customer needs as appropriate.
  • Input and assists in the preparation of loan request summaries and facilitates communication between underwriter, loan officer and client for new requests and annual renewals.
  • Assists with memo preparation for financial and document exception reporting.
  • In conjunction with underwriters and Loan processors, track production logs, and pipeline reports for Commercial Relationship Managers. Update the loan database with loans that are in process on a weekly basis.
  • Support Branch staff and Business Banking Relationship Managers with customer lending needs, concerns and questions.
  • Tracks production logs, referral logs, and pipeline reports for each RM in nCino. Updates nCino with any loans that are in process on a weekly basis.
  • Supports branch staff with lending needs, concerns, and questions.
  • Provides excellent customer service to clients by keeping them abreast of the status of their loans and responding to their questions in a timely and professional manner.
  • Completes required regulatory training on or before the deadlines assigned by HR/Training and/or supervisor.
  • Performs other tasks as assigned to ensure the smooth operation of the department.

Location: Fredericksburg Loan Production Office (LPO) - 10 Chatham Heights Rd, Suite 104, Fredericksburg, VA 22405

Position Type/Expected Hours Of Work

  • Full-time.
  • Non-exempt.
  • Days of Work: Monday-Friday.

Required Education And Experience

  • High school diploma or GED equivalent required.
  • Minimum of two years' experience in commercial banking.
  • Ability to work independently and be a self-starter.

Compensation

  • The pay range for this position is $24.00 to $28.00 hourly.
  • Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.

Company Benefits

  • Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work.
  • Comprehensive benefits package for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!
  • Paid parental leave
  • 401k savings plan with up to a 4% company match
  • Employee Stock Purchase Plan
  • Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.
  • Opportunity for growth and advancement
  • Paid training program and continuous training sessions throughout the year on various topics
  • Generous paid time off and paid sick time
  • Community involvement opportunities

Shore United Bank is a full-service financial institution with a rich history dating back to 1876. In excess of $6 billion in assets, we offer innovative financial services delivered with the personal touch you expect. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you. In addition to banking, we offer trust and wealth management services through Wye Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals.

Shore United Bank: Good things are happening here. ®

Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.

Salary : $24 - $28

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