Commercial Banking Administrator - Military veterans preferred

IncredibleBank

TITLE Commercial Banking Administrator

CATEGORY Bus/Specialty Banking

DESCRIPTION

We know what you're thinking. "What kind of name is IncredibleBank?"

Well, we're glad you asked.

With a name like IncredibleBank, we have a lot to live up to. Our name is a promise we make every day to our customers and to our employees (and hey, that could be you!). A promise that we strive to be incredible in everything we do. A promise that will help our customers, fellow employees, and our communities to do the incredible.

At IncredibleBank, we're all about ICE. What's ICE? ICE stands for Incredible Customer ExperienceTM (that's right - an experience so good and so important we trademarked it). ICE illustrates the core values that drive everything we do - how we conduct business, how we treat each other, and how we continuously strive to build on our model of customer-focused banking. Our core values have been in place for more than 50 years and continue to influence every aspect of our operation today.

So - how can you help us live up to our name?

About the Role

We are eager to discuss the prospect of you joining our team as our next incredible team member! This position reports to VP Loan Operations and Servicing at our IncredibleBank Support Center in Wausau, WI and allows you to grow at your own pace, meaning the opportunities are endless for advancement on our team!

In this role, you will have an opportunity to partner with team members and key stakeholders to provide Incredible Customer Experiences of your own by completing tasks such as:

• Prepare comprehensive business loan documentation in strict adherence to the Bank’s policies, procedures, and all relevant compliance regulations.
• Possess a deep understanding of highly complex commercial loan products and documentation, encompassing the entire process from loan application receipt to the preparation of closing loan documents, funding, and integration into the core bank system.
• Serves as a subject matter expert on intricate commercial loan transactions, including commercial real estate, multi-product transactions, multi-entity transactions, consumer loans, and special lending requests.
• Serves as mentor, addressing complex inquiries from various business partners and external vendors related to pertinent borrower, property/collateral, and documentation information.
• Provides insight into both new and current Bank policies and procedures.
• Prepares executed loan packets for booking and coordinates with Loan Servicing to ensure booking occurs within three business days of document signing.
• Coordinate loan transactions with third parties including appraisers, title companies, real estate agents, and others.
• Handles customer correspondence, including RFP’s, proposals, commitment letters, financial reporting requests, and covenant waivers.
• Serves as the primary or secondary contact for business customers, addressing inquires related to loan history, payment applications, transfers, stop payments, wires, and more.
• Attend and assist with loan closings and customer calls as needed.
• Coordinate with the Credit Department to ensure the timely and efficient underwriting of new loan requests, renewals, and modifications.
• Review loan presentations for accuracy, ensuring all compliance requirements are met before releasing final loan documents.
• Maintain Business Banking Officers’ loan production, fee income, pipeline, and call or referral reports via the Bank’s CRM.
• Demonstrates strong expertise in interpreting and understanding credit approvals, due diligence, title commitments, formation documents, and more.
• Train and mentor Commercial Banking Administrators and Portfolio Administrators.
• Serve as a backup to the Commercial Banking Administrator, Assistant, and Luxury Lending Specialist.

This is a full-time salaried exempt position, 40 hours/week. Schedule may vary between the hours of 8:00 am to 5:30 pm CST Monday through Friday.

This position will work on-site at our IncredibleBank branch location in Wausau, WI on 17th Avenue or at any other IncredibleBank branch where space is available.

About You

You do what is right over what is easy. You don’t settle for “good enough.” You’re driven to learn and grow. You recognize your impact on the customer experience, regardless of your role.

Those attributes are just a few things our incredible employees have in common.

And, if you are looking for an opportunity to join an innovative team, we’d be so excited to learn a little more about you and your interests in joining the team! Our recommended and preferred qualifications are:

• Over 5 years of experience in business loan and legal documentation, as well as the business lending process.
• Advanced expertise in lending regulations, closing procedures, and title and insurance policies.
• In-depth knowledge of specialized lending areas, including Small Business Administration loans, participation loans, and SWAP transactions.
• Proficiency in bank core processing software, including Baker Hill, NexGen, LaserPro, and Jack Henry Silverlake.

About Our Benefits and Compensation

Our promise of ICE extends to our employees as well. Our employees are our greatest asset, and we strive to show our appreciation by offering top-tier benefits and, dare we say, more than competitive compensation that we’re willing to discuss up front.

And we are constantly evaluating and improving our benefits. In fact, eligible employees receive over 30 days off per calendar year! That includes 18 days of PTO to begin, PLUS an Anniversary Holiday, Birthday Holiday, Wellness Holiday, and 12 observed Bank Holidays.

Check out our total rewards package at: https://incrediblebank.mybenefitsapp.com/

About the Company

IncredibleBank first started in 1967 as River Valley Bank with a single location in Rothschild, WI. And we may have strong roots in community banking, but IncredibleBank wasn’t awarded as one of America’s Most Innovative Banks by the Independent Community Bankers of America for our popcorn Fridays. Though we do love free popcorn...

We strive to stay on the leading edge of banking technology with the goal providing the best, simplest way for our customers across the country to do their banking. But if our customers need us, they can pick up the phone and talk to a real person. And that’s what makes us America’s first national online community bank. And who doesn’t love the idea of a national community?

Today, IncredibleBank is a $1.9 billion-asset institution that has grown to 16 brick-and-mortar locations with customers in all 50 states. But we know that as an employer, it’s less about size than it is about culture. That’s why we’re especially proud to have been recognized as a “Best Bank to Work For” by American Banker and certified as a Great Place to Work®. Learn more about our Great Place to Work engagement results here: https://www.greatplacetowork.com/certified-company/7022621

At IncredibleBank, we believe in our employees, our customers, and the impact we make in our communities. When your name is Incredible, it's a lot to live up to! And we feel it.

Because of that, we continually look to raise the bar, expect more out of ourselves and each other, break out of "traditional banking," and make our mark in an industry that needs a good shake-up! It's #HowWeIncredible

IncredibleBank is an Equal Opportunity Employer. We will consider applicants for our positions without regard to any category protected by applicable federal, state, or local law, including but not limited to: race, color, religion, sex, gender identity, sexual orientation, pregnancy, age, national origin, physical or mental disability, military or veteran status, genetic information, or any other protected classification.

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