Community Development Banking List
11-04-2010, 06:36 PM
Original message from: Ann.Barratt@trfund.com
About The Reinvestment Fund
The Reinvestment Fund is a dynamic organization whose mission is to build wealth and opportunity for low-wealth people and places through the promotion of socially and environmentally responsible development. Combining expert knowledge with innovation and determination, we identify the "point of impact" where capital can deliver its greatest financial and social return. Our investments in homes, schools, and businesses reclaim and transform neighborhoods - driving economic growth and improving lives. TRF's approach to generating economic growth is innovative, strategic, and fiscally sound. We apply information and real-world knowledge of the communities we serve to pinpoint rich opportunities and untapped resources. We've helped reclaim neighborhoods others have left behind and our expertise has made us a national leader.
Job Description
The Loan Portfolio Associate's primary responsibilities are to assist business line Managing Directors and lenders with loan underwriting, committee approvals, loan closings, and ongoing portfolio management; record and maintain loan data and documentation; generate portfolio reports; monitor special program reporting compliance; and provide customer service. Experience in commercial lending is required and knowledge or experience with construction loan administration is a plus. The successful candidate will be extremely detailed oriented, have a demonstrated affinity for systems and continued process improvement.
Loan Portfolio Management
* Enter and maintain loan data on loan servicing system (setup, modify, close-out loans)
* Prepare/maintain loan documentation and loan files on electronic imaging system (Epitome)
* Generate loan portfolio reports
* Monitor loan portfolio:
* Track and manage delinquencies
* Monitor collateral filing expirations and file extensions
* Provide customer service externally (borrowers, third party participants, vendors) and internally (lenders, Finance and Accounting Departments, auditors)
Lender Support
* Assist lender pre- and post-loan closings
* Track items received against loan closing checklists
* Prepare routine loan documents
* Conduct and analyze third party reports (appraisals, inspections, environmental)
* Prepare amortization schedules and payoff statements
* Prepare mortgage releases and satisfactions
* Collect post-closing items
* Respond to borrower requests for applications
* Perform calculations and prepare voucher requesting funds from, and returning funds to, participants
Supervisory Responsibilities None.
Education, Experience, and Skills
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
* High School diploma required, secondary education a plus
* 4+ years relevant experience working in a commercial lending environment is required
* Ability to calculate loan interest and create amortization schedules based on loan documentation
* Ability to define problems, collect data, establish facts, and draw valid conclusions
* Excellent verbal and written communication skills
* Proficient in MS Office - Word, Excel, Access, Outlook
* Experience with loan servicing and electronic imaging systems required
Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
* Ownership/Accountability - Actively manages work and issues through to completion.
* Customer Service - Understands and manages customer expectations.
* Initiative - Anticipates and communicates challenges and opportunities.
* Commitment - Demonstrates sense of passion and urgency for work, mission and organization.
* Adaptability - Sees opportunity and risk for continuous improvement.
* Efficiency and Productivity - Determines priorities and allocates time and focus accordingly.
* Professional/Technical Expertise - Understands and applies technical/procedural knowledge of job.
Compensation and Benefits
TRF will offer a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with 50% match up to 6%, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, and EAP program.
To Apply
Please mail, email, or fax resume with cover letter and salary requirement to:
Human Resources
The Reinvestment Fund
718 Arch Street, Suite 300N
Philadelphia, PA 19106
hr@trfund.com<mailto:hr@trfund.com>
215-574-5900 fax
The Reinvestment Fund is an Equal Opportunity Employer. TRF does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran.
About The Reinvestment Fund
The Reinvestment Fund is a dynamic organization whose mission is to build wealth and opportunity for low-wealth people and places through the promotion of socially and environmentally responsible development. Combining expert knowledge with innovation and determination, we identify the "point of impact" where capital can deliver its greatest financial and social return. Our investments in homes, schools, and businesses reclaim and transform neighborhoods - driving economic growth and improving lives. TRF's approach to generating economic growth is innovative, strategic, and fiscally sound. We apply information and real-world knowledge of the communities we serve to pinpoint rich opportunities and untapped resources. We've helped reclaim neighborhoods others have left behind and our expertise has made us a national leader.
Job Description
The Loan Portfolio Associate's primary responsibilities are to assist business line Managing Directors and lenders with loan underwriting, committee approvals, loan closings, and ongoing portfolio management; record and maintain loan data and documentation; generate portfolio reports; monitor special program reporting compliance; and provide customer service. Experience in commercial lending is required and knowledge or experience with construction loan administration is a plus. The successful candidate will be extremely detailed oriented, have a demonstrated affinity for systems and continued process improvement.
Loan Portfolio Management
* Enter and maintain loan data on loan servicing system (setup, modify, close-out loans)
* Prepare/maintain loan documentation and loan files on electronic imaging system (Epitome)
* Generate loan portfolio reports
* Monitor loan portfolio:
* Track and manage delinquencies
* Monitor collateral filing expirations and file extensions
* Provide customer service externally (borrowers, third party participants, vendors) and internally (lenders, Finance and Accounting Departments, auditors)
Lender Support
* Assist lender pre- and post-loan closings
* Track items received against loan closing checklists
* Prepare routine loan documents
* Conduct and analyze third party reports (appraisals, inspections, environmental)
* Prepare amortization schedules and payoff statements
* Prepare mortgage releases and satisfactions
* Collect post-closing items
* Respond to borrower requests for applications
* Perform calculations and prepare voucher requesting funds from, and returning funds to, participants
Supervisory Responsibilities None.
Education, Experience, and Skills
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
* High School diploma required, secondary education a plus
* 4+ years relevant experience working in a commercial lending environment is required
* Ability to calculate loan interest and create amortization schedules based on loan documentation
* Ability to define problems, collect data, establish facts, and draw valid conclusions
* Excellent verbal and written communication skills
* Proficient in MS Office - Word, Excel, Access, Outlook
* Experience with loan servicing and electronic imaging systems required
Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
* Ownership/Accountability - Actively manages work and issues through to completion.
* Customer Service - Understands and manages customer expectations.
* Initiative - Anticipates and communicates challenges and opportunities.
* Commitment - Demonstrates sense of passion and urgency for work, mission and organization.
* Adaptability - Sees opportunity and risk for continuous improvement.
* Efficiency and Productivity - Determines priorities and allocates time and focus accordingly.
* Professional/Technical Expertise - Understands and applies technical/procedural knowledge of job.
Compensation and Benefits
TRF will offer a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with 50% match up to 6%, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, and EAP program.
To Apply
Please mail, email, or fax resume with cover letter and salary requirement to:
Human Resources
The Reinvestment Fund
718 Arch Street, Suite 300N
Philadelphia, PA 19106
hr@trfund.com<mailto:hr@trfund.com>
215-574-5900 fax
The Reinvestment Fund is an Equal Opportunity Employer. TRF does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran.