The role involves monitoring financial statements, updating reports, escalating issues, and providing customer service to management and loan officers.
Job Summary & ResponsibilitiesResponsibilities include but are not limited to:
- Monitors the financial exception report on a regular basis to track financial statements. Based on findings, creates and provides reports to the CPM Team Leader and Manager of the Business Line.
- Ensures that the tickler dates are updated and correct on exception reports as financials are received.
- Escalates situations to the CPM and Loan Officer when the required financial statements are not received within 45 days of the initial letter or contact.
- Ensures that once financial statements are received, they are sent for imaging and provided to the CPM and Loan Officer for review.
- Contacts borrower's, bookkeepers and CPAs via phone, e-mail and mail requesting financial documentation required per the loan agreement.
- Monitors Portfolio Management reports such as Delinquent Real Estate Taxes, Liquid Collateral, Past Due Loans, etc. and works with Loan Officers on past due loans and to clear exceptions when necessary.
- Provides superior customer service by resolving issues and providing accurate and timely information to CPMs and Loan Officers.
Required skills:
- Proficient computer skills with knowledge of Microsoft Word and Excel and performing internet searches.
- Basic math skills, including the ability to compute ratios.
- Strong organizational skills and detail oriented.
- Ability to work in a fast-paced environment and move quickly through assignments to ensure deadlines are met.
- Ability to read, interpret and comprehend policies, procedures and training materials.
Required Experience:
- High School Diploma or GED and minimum of one year banking experience.
- Completion of college level courses in accounting or finance and/or Associate's degree a minimum of two years banking, credit or lending experience preferred.
Top Skills
Excel
Microsoft Word
Valley Bank Morristown, New Jersey, USA Office
70 Speedwell Ave, Morristown, New Jersey, United States, 07960
Similar Jobs
.png)
eCommerce • Mobile
The Recruiting Coordinator manages interview logistics, collaborates with recruiters, tracks metrics, drives process improvements, and contributes to team initiatives to enhance candidate experience.
Top Skills:
Ashby
eCommerce • Mobile
The Associate Creative Director will lead creative strategy and execution for events at Whatnot, oversee design teams, manage projects, and develop marketing campaigns across various platforms.
eCommerce • Mobile
Design and develop trust and risk systems for Whatnot's marketplace. Monitor user impact, respond to threats in real-time, and iterate defenses using machine learning and behavioral analysis.
Top Skills:
DagsterDbtPythonSnowflake
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
