careers at manasquan bank

JOB SPECIFICATIONS 

· Maintain and manage assigned commercial loan portfolio(s) with respect to the preparation of loan renewals, reviews and new loan requests from within the assigned portfolio. 

· Accurately maintain ticklers system with respect to updated financial information and loan covenant testing. 

· Perform detailed financial analysis on business entities and interpret financial information based upon supplied financial statements, tax returns and company prepared documents. 

· Perform credit, personal financial statement and personal cash flow analysis on individual and guarantors in order to determine financial strength and credit enhancements based on financial statements, tax returns and reports. 

· Accurately maintain loan risk ratings for loans within the assigned portfolio(s) in accordance with the bank’s policy and procedures. 

· Inform appropriate loan officer, credit manager, and credit officer of potential risks associated with loan reviews and follow up to ensure compliance.  

· Accompany lenders on customer site visits and customer interviews. 

· Maintain accurate knowledge of MB credit, practices and regulatory policies to assist bank in compliance. 

· Maintain and update watch list credits in the portolio(s). 

· Assist lenders with customer contact, loan requests within the portfolio and the closing process. 

SPECIFICATIONS / QUALIFICATIONS 

· Bachelor’s degree in Business Administration, Finance, Accounting, Economics or equivalent work background and experience. 

· Minimum of three years commercial lending or related experience.  

· Strong analytical skills including the ability to read and assess individual and company financial statements, tax returns, cash flow, industry and competitive analysis and projections. 

· Strong background in commercial and small business underwriting and lending. 

· Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner with minimal direction.  

· Strong written and verbal skills 

· Strong problem recognition and resolution skills 

· Ability to work independently and within a team 

· Working knowledge of all commercial products and services.  

· Proficient in various spreadsheet and Word processing applications  

ESSENTIAL DUTIES & RESPONSIBILITIES

• Perform monthly review of HMDA and CRA LAR for accuracy; identify trends and make recommendations for targeted training
• Assist with regulatory research, ensuring prompt response to client needs
• Maintain file on the Bank’s Charitable Foundation for CRA reporting
• Prepare Loan Exception report for Board of Director review
• Assist Compliance Officer with Regulation O reporting
• Assist with targeted monitoring reviews, as needed
• Assist Compliance officer with updating policies and procedures, as needed
• Other duties as assigned

JOB REQUIREMENTS

• Two years’ experience within banking, or other financial institutions with experience in lending regulations, specifically Regulation B, C, AA, X, Z, Flood, FCRA, CRA
• Experience with lending operations system
• Proficient with Microsoft Office Suite products, especially Excel
• Ability to communicate clearly and accurately in both verbal and written form
• Ability to work independently and efficiently
• Ability to manage time, resources, and set priorities to accomplish multiple duties
• Ability to maintain and report on confidential information in an appropriate manner

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review new applications comparing the borrower(s) online information matches the software (Encompass) information.                  
• Prepare the file for initial disclosures; send disclosures to the borrower(s) along with an Opening Letter outlining the necessary items the borrower(s) will need to supply to process their loan.
• Order third party items for processing/underwriting, such as a credit report, property search, flood certification, appraisal.
• Analyze the financial information upon receipt to determine the borrower’s credit worthiness.  Contact customers and/or branch personnel to obtain additional information necessary for a loan decision.
• Prepare Commitment/Approval letter and Adverse Action Notices.  Deliver to all interested parties, to include borrower(s), and branch personnel (if applicable).
• Prepare loan-closing documents using our software system(s) assuring the closed loan complies with all state and federal guidelines.
• Processes deferred fees and closing journals.  
• Prepare branch reports as requested.
• Completes the post-closing of all closed loan files to determine the accuracy of the file. Obtaining and/or correcting errors within the file.
• Uploads loans to FISERV system and review system information for errors, and correcting, if necessary.
• Performs related duties as assigned and/or required for efficient operation of the department.
• Completes courses on all new compliance and/or regulations changes.
• Ability to interact professionally with internal and external customers as a team to ensure loans are processed, approved, and closed meeting the expectations of our borrower(s).
• Providing support to our branches in respect to Consumer Lending, keeping them well informed of each file assigned to their branch in respect to approval dates, closing dates, and pertinent information regarding their customers.
• Answers the mortgage hotline.  Follows up on internet applications.
• Cross train on Mortgage Processor responsibilities.
• Assist Loan Servicing Department as needed.

JOB REQUIREMENTS 

• 2 +  years experience with a banking, or other financial institution with exposure to residential or consumer lending products.
• Working knowledge of residential/consumer loans and lending documentation.  
• Computer proficiency in Microsoft Word and Excel and other Banking software and applications.
• The ability to communicate clearly and accurately in verbal and written format.        Interact in a pleasant, cooperative, and timely manner with internal and external personnel at all levels.
• A strong competency to work accurately and efficiently under pressure.
• The ability to organize time, resources, and set priorities to accomplish multiple duties.
• The ability to maintain and report on confidential information in an appropriate manner.
• Bachelor’s degree preferred in Business Administration, Finance, Accounting, Economics, or equivalent work background and experience

ESSENTIAL DUTIES & RESPONSIBILITIES

• Review the mortgage application for accuracy and complete all new loan setups within 24 hours or less of receipt of completed application.
• Prepares the file for the loan processor and ensures that all information and documents are accurate and comply with all compliance requirements.
• Reviews all documents retrieved against those requested, analyzes for accuracy and/or errors.
• Prepare the initial disclosure package; sending to applicant(s) through either electronic or paper means.
• Delivery of a complete and compliant loan file to processing, for the purpose of requesting and receiving loan approval conditions in a timely manner.
• Pull in credit, review against program guidelines.
• Obtain accurate closing costs from closing agent and enter the costs on the 2015 Itemization.
• Become proficient in APR fees; able to distinguish APR vs non-APR fees.
• Understand TRID guidelines.
• Assisting the processors when requested to complete such tasks as ordering tax transcripts, appraisal conditions, and other related processing items.
• Follows up on all outstanding orders to third parties and borrowers within established company deadlines.
• Use of Automated Underwriting systems.
• Assist Loan Originators with clerical duties as needed.
• Other duties as assignment.

JOB REQUIREMENTS

• One to two years’ experience in general office activities, previous mortgage industry experience preferred.

• Flexibility to manage work within non-core hours, when required.

• High school diploma or equivalent is required
• Experience with banking software/applications
• Great interpersonal skills with the ability to interact in an appropriate and timely manner to all internal/external clients
• Proficient with Microsoft Office Suite products, specifically Excel and Word
• Ability to communicate clearly and accurately in both verbal and written form
• Ability to work independently and efficiently
• Ability to manage time, resources, and set priorities to accomplish multiple duties
• Ability to maintain and report on confidential information in an appropriate manner

ESSENTIAL DUTIES & RESPONSIBILITIES   

· Foster a relationship banking environment by successfully assessing customer needs and recommending/advising appropriate bank products and services.  

· Opening new accounts business and personal and performing maintenance on existing accounts as requested, following established Bank policies and procedures.  

· Provide personalized banking services to current and prospective customers, consistently seeking to expand customer satisfaction and retention and provide the highest level quality customer service.  

· Facilitate customer satisfaction and retention by successfully researching and resolving customer issues and inquiries.   

· Perform teller duties, including advanced and complex transactions, handling special requests and investigating discrepancies in accordance with Bank policies and procedures  

· Ensure minimum proving differences and controllable losses. Escalate matters requiring further attention.  

· Adhere to privacy and confidentiality policies when assisting customers in obtaining any account information.   

· If currently registered with NMLS# assist prospective borrowers if; act as main point of contact for customers with the completion of loan applications and closing loans.   

· Appropriately order and maintain vault cash. Prove vault cash daily. Assist with Armored Truck service ensuring standard operating and security procedures. Prepare cash in and out shipments.  

· Prove daily journal transactions.   

· Initiate and confirm wire transfers within policy guidelines.  

· Reconcile ATM daily and assure proper equipment operation.  

· Ensure all duties and responsibilities are performed in accordance with established Bank procedures and regulations.  

· Available to travel within the branch network as needed to ensure adequate branch coverage.  

· Reconcile coin daily, ability to change coin bags, maintain cleanliness to ensure proper equipment operation.  

· Daily use of Cash Recycler to include maintenance as needed and proof as designated.   

· Other duties assigned by Retail Bank management.  

JOB REQUIREMENTS  

· Exceptional inter-personal and customer service skills.  

· Excellent communication skills – verbal, written, listening.  

· Strong basic math skills.  

· Working knowledge of banking software and/or ability to be trained and quickly learn.  

· Working knowledge of bank products and services and/or ability to be trained and quickly learn.  

EDUCATION & EXPERIENCE  

· High School Diploma or equivalent.  

· 2-3 years experience in a direct customer service capacity, preferably in a banking environment.  

· Prior experience in sales capacity preferred.  

· Prior teller experience preferred.