Credit Administration Professional I

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: