Classic Bank NA, a Central Texas community bank, is seeking a Loan Operations Manager. The position’s primary responsibility is to exercise oversight of the non-real estate loan operations. The bank has seven locations in Central Texas.
Essential Job Functions
- Exercise oversight of the non-real estate loan process to ensure adequacy of loan documentation, credit and collateral documentation, regulatory compliance, loan policy conformance, the disbursement of loan proceeds and the collection of loan payments.
- Oversee all non-real estate lending functions, which may include sales, funding, processing, and closing.
- Keep abreast of loan related regulatory issues to make sure the bank complies.
- Hires, trains, supervises, motivates, and develops departmental employees.
- Review all non-real estate loans for compliance with Loan Policy before funding.
- Confirm that all non-real estate loans are funded in compliance with the Loan Policy.
- Monitor draws for agriculture and commercial loans.
- Manage relations with non-real estate collateral insurance company.
- Process Adverse Action form for Denied Commercial Loans in the loan platform system.
- Review non-real Estate loans on a risk basis for errors after upload and perform daily monitoring of daily maintenance reports.
- Work with bank auditors and examiners, as required.
Knowledge, Skills, and Abilities
- Proficiency with Microsoft Excel, Word, and Outlook
- Understanding of UCC filing requirements and knowledge of title policies
- Extensive knowledge of LaserPro and related documentation, secured and unsecured lending practices, lien perfection, as well as title insurance
Education and Experience
- High School Diploma/GED Required
- College Degree Preferred
- 4 years of Loan Operations
- Supervisory experience
- Strong analytical and problem-solving skills
