The Arrow Financial Corporation Family of Companies is seeking dynamic, authentic individuals to join our amazing team! Currently, we are looking for an experienced professional to join our Credit Administration team as:
Credit Administration Professional I
This opportunity may be perfect for you if you have experience in:
> Thorough Loan Documentation knowledge
> Impeccable Attention to Detail and Accuracy
> Strong Time Management skills
About this position
The Credit Administration Professional I is responsible for efficiently facilitating commercial loan closings, ensuring accurate processing and servicing commercial loans while providing high quality customer service. This position works closely with Credit Administration Professional II, Commercial Lending, and other Credit Administration employees to assist in meeting department and Company goals.
ESSENTIAL JOB FUNCTIONS:
> Prepare, review, and assemble commercial loan closings from approval through funding, ensuring all required legal and supporting documentation is accurate, complete, and compliant with internal policies and regulatory requirements
> Manage loan closings following approval process, completing documentation files in accordance with approval documents, Loan Policy, and Company procedures
> Collaborate with the Credit Administration Professional II to support workflow efficiency, departmental initiatives, and continuous improvement efforts
> Stay current on industry standards, regulatory requirements, and internal policies to ensure compliance and operational excellence
> Partner with commercial lenders, customers, attorneys, title and insurance companies, and other third parties to obtain required information, complete required documentation, and maintain updated files
> Maintain accurate and organized loan files by verifying required signatures, dates, lien documentation, and collateral perfection to ensure completeness and compliance
> Process related general ledger entries, payments, and correspondence in timely and accurate manner following established procedures
> Engage external professionals (e.g. environmental engineers, legal partners, etc.) as needed to support loan due diligence, documentation, and issue resolution
What you will need to thrive in this role:
In addition to your work and life experiences, as well as your passion and excitement for the profession, you would benefit from having:
Education/Certifications:
> Bachelor’s Degree in business administration, finance or related field or equivalent experience required
> 4 years of lending documentation, commercial construction administration, or paralegal experience preferred
> Paralegal Certification a plus
Skills/Knowledge:
> Demonstrate strong written and verbal communication skills with the ability to interact effectively and professionally with customers, colleagues, management, and external stakeholders
> Working knowledge of loan documentation criteria and 504 financing requirements
> Excellent organizational and time-management skills with the ability to manage multiple priorities, maintain attention to detail, and meet deadlines in a face-paced environment
> Proficient in Microsoft Office Suite: Word, Excel, Outlook; knowledge of LaserPro a plus
PHYSICAL DEMANDS AND WORK ENVIRONMENT:
> Ability to remain in a stationary position, often standing or sitting, for prolonged periods of time
> Ability to repetitively use a telephone, computer mouse, and keyboard for extended durations
> Ability to lift and/or move up to 15 pounds
> Work is performed primarily in a professional office environment
Reasonable accommodation(s) will be provided as required by law to enable qualified individuals with disabilities to perform the essential functions of the job.
What we will bring to the table:
We believe in investing in our employees and helping them grow their career with us. We offer a pleasant, inclusive work environment, career development opportunities, and competitive compensation. Through our total rewards program, we offer a comprehensive benefits package featuring:
> Competitive compensation including potential bonus and incentives as well as paid vacation, sick time, and holidays
> Medical, Dental, and Vision Insurance and Flexible Spending Plan
> Multiple retirement plans including: 401(k), Pension, and Employee Stock Ownership
> Education and Tuition Reimbursement
> Employee Assistance Program for our employees and their immediate family members
We are an Equal Opportunity Employer. Our philosophy and practice are to provide equal opportunity to all employees and applicants for employment without regard to race (including traits historically associated with race), color, religion, creed, gender, sex, pregnancy (including childbirth and related conditions), sexual orientation, gender identity or expression, status of being transgender, national origin, age, disability, genetic information, predisposing genetic characteristics or carrier status, marital status, familial status, amnesty, status as a victim of domestic violence, reproductive health decision making, citizenship or immigration status, prior convictions or arrests, military status, status as a protected veteran, known relationship or association with any member of a protected class, or any other federal, state, or local legally protected classes. As a multi-bank holding company, Arrow Financial Corporation has over $4 billion in assets. We provide a broad range of banking and insurance services across northeastern New York, including online and mobile banking, wealth management, money market and deposit accounts, and mortgage, consumer and commercial loans.
We are committed to delivering value for our shareholders, our customers, and our communities. Our conservative business model and strategy of steady growth have resulted in many recognitions from the nation’s leading publications and bank-rating firms.
The salary range for this position is $23.00 - $28.00 an hour commensurate with experience and education. Additional compensation may be earned through the Company’s annual bonus program, subject to individual and company performance.
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