Loan Operations - Specialty Finance Product Specialist III
Job Summary: The Note Finance Analyst is responsible for the day-to-day operations within the Note Finance Department. Will act as daily contact between operations and credit officer.
Responsibilities and Duties:
- Perform due diligence on collateral pledged to the borrowing bases and monitor on-going quality control of the Notes Finance portfolio.
- Proactively manage collateral and customer service issues for the Notes Finance borrowers.
- Review loan documentation for accuracy and consistency within product guidelines and bank policies.
- Create digital folders and excel spreadsheets for each borrower/entity.
- Maintain well organized digital folders using a consistent filing system.
- Review custodial reports and verify the banks collateral has been received and review any collateral exceptions.
- Produce collateral receipts
- Release collateral when required and verified.
- Approve advances to be processed after review of borrowing base and collateral
- Verify all new loans and amendment are booked correctly with loan servicing.
- Coordinate and monitor various scheduled activities.
- Serves as daily liaison with Finance, Recon Dept, IT, JHA, Loan Operations, etc. as necessary, to furnish a professional and high-quality processing service.
- Download/extract and monitor reports for daily, monthly, quarterly, annual, and ad hoc reporting. May be required to reformat system generated reports using Excel or other report writing applications. Resolve any issues and work with Lenders as appropriate.
- Maintain knowledge of current lending policies, procedures and regulations. Attends and completes all necessary training.
- Review and update borrowing bases, as required.
Job Skills and Qualifications:
- Highly proficient in utilizing advanced functions within Excel including macros, coding, advanced pivot tables, and conditional formatting to create and test advanced borrowing base formats for calculations of loan availability.
- Excellent interpersonal skills, both verbal and written.
- Proficient in Microsoft Office
- Ability to work in a team environment
- Excellent customer service skills
- Excellent time management and multitasking skills Preferred Skills; Experience; Certifications
- 1-3 years’ experience at a bank, financial institution, private lender, mortgage company or real estate company.
- Loan System Application experience.
- Office working conditions
- Frequently required to sit for long periods of time.
- Occasionally required to stand, walk, and reach with hands and arms.
- Occasionally lift and/or move up to 25 pounds.
- Reasonable accommodations are available to qualified individuals with disabilities to aid in their ability to perform the essential functions. Education/Certifications (required) Bachelor’s degree in Business Administration or equivalent experience.
Company Overview:
Truth in Texas Banking. That’s what we’re about. Founded in 2010, we are one of the ten largest banks headquartered in the state of Texas. We became a publicly traded company in 2014 and in 2020 and 2021 we were listed on Fortune’s 100 Fastest Growing Companies. Headquartered in Dallas, Texas, we’ve built a bank forever rooted in truth, transparency, and uncompromising integrity.
We know our strongest asset is the passion, authenticity, and talent of our people. We focus on the growth and development of each team member to unlock potential to “Be Your True Self.” Our “True You” culture is made up of five pillars:
- Be Mindful
- Be Healthy
- Be Better
- Be Prosperous
- Be Faithful
With this as our foundation, we’ve built a bank of people who are transparent, tell the truth, and act with integrity. We unite together in common purpose - caring deeply for our clients and communities, communicating openly with each other, and treating everyone with respect. Visit our website at www.VeritexBank.com and come see how we’re bringing truth and transparency to Texas banking.
Veritex Community Bank does not accept unsolicited resumes from recruiters or employment agencies. Veritex Community Bank is under no obligation to pay any referral compensation or recruiter fee in the absence of a current executed Recruitment Services Agreement. In the event a recruiter or agency submits an unsolicited resume or candidate without an agreement, Veritex reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Veritex Community Bank.
If your agency would like to be considered as a potential future recruiting partner, please leave your contact information at Recruiting@VeritexBank.com.
Work environment and Physical demands: The employee may occasionally lift and/or move up to 25 pounds. The employee may occasionally stand, walk, reach, climb, balance, stoop, kneel, crouch, or crawl. The work environment and physical demands are those of a standard office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Disclaimer: This job description is not an inclusive list of all duties and responsibilities of the position. Incumbents will be required to follow any other job- related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Veritex Bank reserves the right to amend and change responsibilities to meet business and organizational needs.
This document does not create an employment contract, implied or otherwise, other than an "at will" relationship. Veritex Community Bank is an equal opportunity employer. Veritex Community Bank Corporate Human Resources, Dallas, Texas.
We are 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, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances. The information collected by this application is solely to determine suitability for employment, verify identity and maintain employment statistics on applicants.
Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on the Company. Please inform the Company’s personnel representative if you need assistance completing any forms or to otherwise participate in the application process.
Other details
- Pay Type Hourly
- Dallas, TX, USA