Vice President - Loan Operations
Apply NowCompany: Institution for Savings
Location: Newburyport, MA 01950
Description:
Vice President Loan Operations
We are seeking a Vice President of Loan Operations to supervise and coordinate the operations of the Bank's commercial and residential loan departments while providing vision, leadership and direction. This is an in-office position.
Responsibilities:
Job Qualifications:
This position is full-time with fully paid medical, dental and vision insurance, as well as dollar-for-dollar 401(k) match up to 10%; life insurance; disability plan; pension plan after 2 years of service; and generous vacation and paid-time off.
The Institution for Savings is an Equal Opportunity Employer. Member FDIC. Member DIF.
We are seeking a Vice President of Loan Operations to supervise and coordinate the operations of the Bank's commercial and residential loan departments while providing vision, leadership and direction. This is an in-office position.
Responsibilities:
- Develop, implement and update department policies and procedures.
- Manage the accurate, timely onboarding of all residential, consumer and larger commercial loans, including Participations, Commercial Real Estate and C&I Loans.
- Develop and implement process efficiencies while managing risk and control.
- Regularly review reports and daily processes to proactively manage potential risks.
- Collaborate with auditors, loan review teams and examiners during assessments of Loan Operations
- Review daily all parameter maintenance, bankruptcy/charge-off processing and maintenance, eOscar credit bureau reporting and dispute resolution, customer reporting requests and generation, audit preparation and response, periodic reporting and investor remittances and balancing
- Act as liaison for core and other operating systems and other projects or initiatives.
- Design office workflow system, incorporating use of data processing and computer hardware options.
Job Qualifications:
- Bachelor's degree preferred or one to two years related experience and/or training; or equivalent combination of education and experience.
- Excellent written and verbal communication skills
- Self-motivated, proactive, and goal oriented; enjoys leading a team.
- Utilizes strong organization skills to perform and prioritize a high volume of tasks simultaneously.
- Consistently achieves goals and meets strict deadlines while maintaining excellent attention to context, substance and detail.
- Embraces the team-oriented culture and works collaboratively across the Bank to support the Bank's strategic growth plans.
- Microsoft Excel and Microsoft Word knowledge required. Knowledge of and experience with Encompass and Jack Henry software preferred but not required.
This position is full-time with fully paid medical, dental and vision insurance, as well as dollar-for-dollar 401(k) match up to 10%; life insurance; disability plan; pension plan after 2 years of service; and generous vacation and paid-time off.
The Institution for Savings is an Equal Opportunity Employer. Member FDIC. Member DIF.