Marine Lending Loan Settlement Coordinator - BankNewport

Loan document preparation and settlement process in which the required loan documents and other items are created and presented to OPML customers for execution.

Performs any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and independent loan originator representatives.

Responsible for coordinating, assembling and/or creating loan settlement packages for customer execution

Interacts with loan production offices to coordinate customer settlements

Responsible for knowledge of required documents to be included in loan settlement packages

Interacts with Correspondent Lenders on required loan settlement documents

Interacts with OPML Operations Staff to ensure smooth transaction path from the loan settlement stage to the loan funding stage

Demonstrates a thorough working knowledge of bank guidelines and policies as well as all applicable laws and regulations related to marine and recreational lending in order to ensure compliance.

Demonstrates a high level of professionalism and integrity in all internal and external interactions with colleagues, customers and vendors.

Ability to work in a fast paced environment and manage assigned pipeline using reports to meet closing deadlines.

Continually strives to improve the department’s efficiencies.

Communicates professionally in oral and written format with internal and external customers.

OTHER ACCOUNTABILITIES / RESPONSIBILITIES:

Answers phones, fields inquiries, and assists in resolving issues as they arrive.

Performs related and unrelated duties as may be required.

POSITION REQUIREMENTS:

• High school or its equivalent plus specialized course work and training.
• At least three years of experience in consumer/marine lending.
• A demonstrated understanding of loan procedures and regulatory requirements and some ability to analyze and interpret personal, corporate and partnership tax return and financial statements.
• Proven organizational, oral and written communications, problem solving and analytical skills and interpersonal skills.
• Must possess a high degree of accuracy and attention to detail.
• Must be able to work independently as well as on a team.
• Must have working knowledge of Windows, Word, and Excel as well as loan origination systems.
• Attendance in office during normal business hours (at minimum) may be required in order to effectively coordinate with multiple departments, projects and outside entities.

SUPERVISORY SCOPE:

None

INDEPENDENT ACTION:

Performs work within established guidelines and according to specific procedures.  Refers problems to immediate supervisor.

BANKNEWPORT CORE VALUES:

• We celebrate individuality
• We empower employees to be creative problem solvers
• We invest and take the time to really get to know our customers
• We commit to serving the financial needs of Rhode Islanders

Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

BankNewport is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity or expression, pregnancy, childbirth or related medical conditions, military service, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.