Performs prior to closing audits to ensure documentation is complete and the terms meet approved criteria and policies.
- Communicates and resolves audit exceptions in conjunction with management and the Account Officer, as applicable.
- Monitors and manages assigned portfolios of the most complex commercial loans.
- Analyzes loan terms and regulatory reporting requirements in order to structure and maintain the loan set-up in the system accordingly.
- Establishes parallel monitoring processes and controls to ensure regulatory requirements are met.
- Establishes document tracking and reporting.
- Manages the approvals and facilitates frequent borrowing requests for syndications or construction loans.
- Performs monthly audits and reconciliations for interest payments, interest accrual and loan terms.
- Serves as the liaison for lead bank administrators in syndicated and participated transactions.
Responds to internal and external auditor issues and inquiries.
- Provides training and guidance to less experienced staff.
- Performs other duties and responsibilities as assigned
Requirements:
Reviewing and interpreting commercial loan terms and documentation.
- Identifying and resolving unusual transactions, interest accounting discrepancies and regulatory discrepancies.
- Preparing spreadsheets and creating formulas within Excel.
- Reconciling bank and general ledger accounts.
- Operating standard office equipment and using required software applications to produce correspondence, electronic communication and maintain spreadsheets and databases.
- Identify and recommend changes to standard procedures as required by specific situations and circumstances.
- Make moderately complex decisions.
- Communicate effectively, both orally and in writing, with all organizational levels.
- Solve moderate to complex system-related loan and accrual issues.
- Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced and deadline-driven work environment.
Provide a high level of customer service
As an equal opportunity employer, ICONMA prides itself on creating an employment environment
that supports and encourages the abilities of all persons regardless of race, color, gender, age, sexual
orientation, citizenship, or disability.