SUMMARY: Oversees loan servicing and loan administration for the Bank and to ensure that loan approvals are properly documented and accounted for in the loan accounting system. Additionally, the Director of Loan Operations will ensure that all exceptions to policy are duly noted, recorded and reported to executive management and to the Board of Directors. Other responsibilities include working with the Loan Servicing managers to identify and limit risk through internal controls.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Lead and oversee the loan operations and loan servicing departments of the Bank
- Ensure that all related loan policies and procedures are updated in a timely manner and provide methods for corrections and/or changes
- Work in conjunction with the Chief Credit Officer, Chief Administrative & Risk Officer and the Chief Banking Officer to ensure adherence to stated commercial policies and procedures in concert with Department Managers by reviewing system reports. Policies may include: Reg. O, ELC and the General Loan policies
- Manage the purchase discount/premium on all acquired commercial, consumer and mortgage loans
- Serve as an active member of the Executive Loan Committee. Note: Outside of this Committee, no individual lending authority or authority to approve policy exceptions
- Serve as an active member of the Regional Loan Committee. Note: Outside of this Committee, no individual lending authority or authority to approve policy exceptions
- Oversee the compilation of the asset quality reports that are submitted to executive management on a monthly basis and to the Board of Director's on a quarterly basis
- Oversee the compilation of the loan section of the Quarterly Call Report
- Oversee the compilation of the loan footnotes for the Bank's Quarterly and Annual Financial Statement
- Assist in the education and training/development for all lending personnel for all direct reports and other commercial line of business personnel as needed. Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations
- Provide assistance to the BSA Officer with monitoring Alerts produced within the AML System to ensure compliance with the Bank Secrecy Act and governmental regulations dealing with anti-terrorism, money laundering, and Bank security
- Regular, predictable attendance is an essential requirement of this position
- Complete all other duties as assigned
EDUCATION AND/OR EXPERIENCE:
- Bachelor's degree in finance or accounting or management or related experience;
- Ten (10) years experience in lending, loan audit or credit analysis, plus the requisite educational background
- Knowledge of Word, Excel, Internet navigation/research, and Outlook is expected
- Ability to clearly and effectively communicate both verbally and in writing
E-Verify is used to confirm the identity and employment eligibility of all newly hired employees.
Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran