Portfolio Administrator
Company: EagleBank
Location: Bethesda
Posted on: June 20, 2022
Job Description:
EAGLEBANK OVERVIEW: Eagle Bancorp, Inc. headquartered in
Bethesda, MD, was incorporated in 1997 to serve as the bank holding
company for EagleBank. Eagle Bancorp is a publicly traded company
under the symbol EGBN. EagleBank commenced banking operations on
July 20, 1998, and currently operates 20 banking offices: six in
Suburban, Maryland, five located in the District of Columbia; and
nine in Northern Virginia. The Bank was founded to specifically
address the business and personal needs of local business owners.
It has been answering and exceeding those needs for over 20 years,
providing custom financial solutions, local access to senior
management, quick response, local decision-making, and a
deeply-rooted dedication to the local community. Our Mission is to
be the most respected and profitable community bank by putting
relationships first to the delight of our customers, employees, and
shareholders, and relentlessly deliver the most compelling service
and value. Eagle Bank's Values are: Relationships F ---I ---R ---S
---T: Flexible, Involved, Responsive, Strong, and Trusted. GENERAL
SUMMARY:Under limited supervision, acts as liaison for lender and
borrower to ensure a proficient loan transaction by reviewing and
monitoring loan packages following the approval of a loan. Requests
and reviews borrower information to ensure necessary requirements
are met prior to submitting loan package for loan documentation and
loan closing. Reviews final documents to ensure compliance with
loan approval. Coordinates the closing of the loan with internal
and external customers. Initiates and oversees funding process,
from preparing the electronic loan file to proper booking of the
loan. Addresses internal and external customer questions/request
regarding accounts in a timely manner. MAJOR DUTIES AND
RESPONSIBILITIES:
- Works closely with borrower to collect all pertinent
information to ensure necessary documentation is received. Reviews
loan package (new loans, extensions, modifications) prior to
submitting for loan documentation. Coordinates loan documentation
preparation with the Documentation Department or outside attorney
as appropriate. Serves as a point of contact for borrower to
address questions or concerns during loan documentation process.
- Coordinates the administrative aspects of closing of the loan
which may include ordering environmental assessments, title work,
surveys, flood determinations, tax service contracts, and obtains
insurance, payoff amounts and UCC searches. Works closely with
Pre-Closing department to ensure that all the organizational
document and ownership records are obtained prior to approval.
Reviews final loan documents to ensure that they are in compliance
with the loan approval and to ensure that all fees are disclosed
prior to closing. Submits post-approval documentation and all
necessary insurance documentation to Pre-Closing Department for
final review.
- After closing, works closely with supervisor as required to
prepare the loan file for funding: including ensuring that the loan
documents are appropriately signed, dated and organized generating
input sheets to send to funding and loan servicing, and creating
cover sheets to build an electronic loan file. Updates and submits
documents to the vault using the vault log. Scans documents for
funding. Manages critical and other documentation exceptions to
minimal levels at all times.
- Completes a daily review of past due and coming due to ensure
maturing loans are processed and loan payments are collected the
same day they are received. Immediately proactively requests
payments from borrower on any past-due loans Reviews, updates and
addresses exceptions to ensure loan files are in compliance.
Processes client draw requests for lines of credit in compliance
with loan approvals, as well as overdrafts, transfers, payments,
and addresses questions/requests from customers throughout the
process in a timely manner.
- Manages GL process to clear items as appropriate and within
required timeframe each month. This includes researching
outstanding items, processing payments to vendors same day as
receipt and collecting and depositing fee payments from
customers.EDUCATION & EXPERIENCE:Required Education/Experience:
- High School Diploma or equivalent
- 2 years of administrative experience in an office
settingPreferred Education/Experience:
- Associates or Bachelor's Degree
- Experience in lending, bank operations or finance
preferredKNOWLEDGE & SKILLS REQUIRED:Required Knowledge & Skills:
- Good verbal and written communication
- Good customer service skills
- Proficient in MS Word, Excel and Outlook
- Strong organization skills
- Attention to detail
Keywords: EagleBank, Bethesda , Portfolio Administrator, Accounting, Auditing , Bethesda, Maryland
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