1. Interviews attorneys interested in obtaining litigation financing.
a. Interviews attorneys to gather credit application information such as place of employment, social security number, home and business address, etc.
b. Explains program options, rates, terms, and collateral requirements.
c. Arranges loan decision and notification dates.
d. Cross-sells applicable insurance and other bank related products and services associated with the loan.
2. Underwrites litigation financing relationships.
a. Orders credit report and verify necessary data.
b. Evaluates and determines credit-worthiness according to bank credit policies, capacity, capital, character, collateral, and other conditions
c. Inspects or appraises collateral as needed or applicable.
d. Develop an understanding of loan policy and loan procedures to acquire the proper supporting documents in various types of loan transactions such as flood, environmental, appraisals, title insurance, etc.
3. Within established lending limits or by committee approval, makes credit decision to approve or decline loans.
a. Makes litigation financing loans to customers utilizing moderate credit authority limits.
b. Communicates credit decision to loan applicants.
c. Negotiates credit terms and repayment schedules.
d. Initiates written notification of adverse action for all appropriate loans.
4. Schedules and conducts loan closing.
a. Reviews loan documents with customers.
b. Obtains customer signature on loan documents.
c. Reviews document after closing to ensure accuracy of transaction.
d. Initiates the disbursement of loan proceeds.
5. Services loans in portfolio to retain high loan quality level.
a. Reviews progress of loans on a periodic basis. Monitors and follows-up on loan maturities and renewals.
b. Monitors the delinquent reports and takes appropriate corrective action.
c. Corresponds with customers with delinquent accounts, counsel borrowers to bring accounts current. Provides guidance to customers seeking solutions to financial problems.
d. Handles follow-ups, collections, or problem loans, or may personally visit delinquent customers.
e. Works in concert with internal and external auditors to ensure compliance with bank policies and procedures and federal and state regulations
6. Develops new business and expands existing relationships.
a. Maintains knowledge of commercial banking products and services, as well as knowledge of the industries or market areas served.
b. Calls on potential customers, identifies banking needs, secures financial data for analysis and makes proposals for new business.
c. Coordinates with customer service area to set up new accounts.
d. Reviews existing account relationship for opportunities to meet additional needs with other products or services, makes proposals as appropriate.
e. Makes sales calls in the calling program to achieve individually established goals related to cross-sells retail and commercial products and services.
f. Participates in civic and community activities to generate visibility and contact for bank.
7. Updates knowledge and develops professionally on a continuing basis through various training resources.
These resources may include, but are not limited to, the following:
a. Participates in all required in-house training. This may include seminars, meetings, videos, etc. in areas including, but not limited to, orientation, product knowledge, technological/computer, regulatory/compliance, and interpersonal/supervisory training.
b. Participates in non-required in-house training and training offered by external vendors as needed and when appropriate.
c. Actively participates in determining an individual training and development plan each year via the organization Performance Planning and Appraisal process. Follows this plan diligently as resources are available.
A technical level of knowledge normally acquired through completion of a B.S. or a B.A. level program in business administration, finance, or related area or through comparable work experience.
B. Commercial lending experience or completion of the commercial loan officer trainee program
C. Must possess a high level of analytical skills.
D. Must possess effective interpersonal skills.
E. Must possess effective verbal and written communications skills.
F. Must be willing to travel extensively to outside markets as needed.
G. Ability to operate and communicate on standard telephone equipment.
G. Familiarity with the bank's lending policies.
H. Familiarity with the bank's various products and services.
I. Possess basic computer skills.
J. Possess sales aptitude.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit, stand, walk, bend and regularly lift objects of up to 30 lbs.; use hands to handle or feel objects, tools, or controls; reach with hands and arms above shoulder height and below the waist; and talk and hear. Specific vision abilities required by this job include close vision and distance vision.