Manager of Commercial Loan Boarding and Servicing

Manages the workflow/pipeline of loans coming in for boarding and fundingReviews loan transactions and interprets the boarding/funding requirements, ensuring all prefunding conditions have been met and all documentation required has been received and signed by all parties involvedGives the clear to fund, or obtains any necessary approval for exceptions/waiversDirects each transaction to the appropriate Boarding/Servicing Specialist for funding and boarding to the Navigator Host SystemIdentifies the need for additional controls and/or deficiencies in the boarding, servicing and/or post-closing processes, making recommendations for change to the Director of Commercial Loan OperationsDirects and manages all other post-closing, processing-servicing functions such as, but not limited to, Trade References, processing of paid of loan files, exception tickler tracking for fees due, responding to subpoenas, and any other servicing issue that may ariseCoaches, mentors and trains new staffWorks closely with the Director of Commercial Loan Operations in the creation of all checklists, job aides and procedures as it relates to the Boarding/Funding and Post Closing/Servicing functions within the Commercial Loan Operations areaWorks closely with the Controller's Dept. on coding needed at the loan level for the call reporting purposes and on the deferral process, identifying issues and resolving balancing errorsMaintains proficiency with core system, and works at the direction and in coordination with the Director of Commercial Loan Operations in the testing of all new releasesAccurately and timely enters the appropriate financial terms of the loan documents to the core system, including loan amount, term, interest, amortization and other data or coding needed.Accurately identifies and enters servicing action items included in loan documents and builds appropriate notifications in the core system to allow for the monitoring of such loan requirementsResearches and resolves complex customer issuesUpdates collateral records for Borrowing Base Certificates received from the Credit Dept. ensuring the BBC balances to the loanPerforms the second review of restricted BBC's ensuring loan is restored back to the correct coding prior to restriction, the issuance of payoff letters, and management of warehouse and/or floor plan lines of creditHandles loans with special servicing needs such as Master Sub Note relationshipsInvestigates and resolves billing and other coding issues, and processes incoming paymentsProcesses incoming and outgoing wire transfers, include international and fx wiresProvides customer support post-closing, especially to customers with special servicing needsBalances the wash GL's and the deferral GL's, resolving discrepancies and deferral errorsNon-post resolution, working with syndication and participation loans and coordinating with lead banks, processing syndication/participation draw requests and balancing those transaction to the funding sheet receivedDirects special projects as it relates to the core system, such as the reconciliation of collateral items and managing 1098 reporting requirements for commercial loans at year end.QualificationsRequired Education and Experience:

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