OSF Servicing Account Manager II

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If you are interested and qualified for this role, we invite you to apply.

• Manage a portfolio of commercial lending loans, ranging between 30 to 80 loans from $25K to $35mm in loan size that include all specific product types.
• Collect and analyze financial statements and tax returns, commission statements and any other documents that support collateral, risk assessment, and detailed review of your loans for the Oak Street and Franchise Lines of Business.
• Maintain ongoing communication with all appropriate Sales, Underwriting, and Legal staff on the status of loans.
• Understand, analyze, and be able to communicate verbally regarding loan collateral and related contracts, including loan documents, related statements, or financials.
• Evaluate performance each month on assigned portfolio that loans are within compliance of the loan model and guidelines.
• Review and help management with audits (including Fed).

• Performs financial analysis as well as compliance, performance, and cash flow assessments for Oak Street Lines of Business.
• Provide analysis results and Month End reporting package to Management.
• Ability to independently monitor and service multiple loans at a time with little supervision.
• Review UCC filings for UCC perfection to ensure collateral is protected.
• Perform Pre-Close introduction calls before loan funding explaining post close requirements and Servicing’s role throughout the life of the loan.
• Work and communicate directly with borrowers to monitor and manage their loan portfolio on an ongoing basis. This includes analyzing financial statements, review of collateral tracking performance, validating additional collateral support, and answering any questions borrowers may have.
• Understand, analyze, and be able to verbally communicate regarding loan collateral and related contracts, including loan documents, commission statements or any other tracking reports required for all FFCC products.
• Work and communicate directly with Management and Underwriting Team on covenant requirements Must be able to review and understand prior to sending to Underwriting.
• Ensure all cash collateral accounts are sufficiently funded and reconciled daily, this includes daily monitoring and updating of Servicing Logs.
• Communicate with customer to understand if cash is missing and work with customer to get loan back incompliance with legal documents.
• Review and process CCA releases per Loan Document requirements to borrowers daily.
• Utilize financial software tools to prepare, import and analyze policy level detail for RIA, CPA, INS, ENG, CAR, and FRA collateral. Reconcile to cash for assigned portfolio, as well as assist Team Members to complete Month End reconciliation.
• Complete checklist requirements for Funding, New Loan review, Amendments and Payoffs associated with Account Managers assigned portfolio.
• Responsible for creation, follow up, and updating Tracking Rules associated with Account Managers assigned portfolio (this can include covenants, financials, tax returns and post-closing items). Must review and understand prior to sending to Underwriting for further review.
• Ability to perform various functions on the Online banking system, this can include balance reports, ACH creation and wire creation.
• Work and communicate with the Legal/Collection department to ensure defaults are cured within guidelines.
• Work and communicate with Underwriting/Sales Team to provide recommendations for refinances, interest only extensions, and amendments.
• Work and communicate with Sales and Underwriting Teams to increase efficiencies through improved processes.
• Responsible for creating/developing efficiencies within the Servicing Department.
• Responsible for Funding all loan types.
• Generate and process daily bank imports into Bridge.
• Additionally, this associate’s responsibilities may include helping mentor, train (update and maintain on-line department procedures) and guide Account Manager I’s as needed.