Association Banking Portfolio Administrator

CEN
Any Location, FL
Category Banking
Job Description
The Association Banking Portfolio Administrator manages the financial portfolios of associations, such as homeowner associations or condominium associations. This position is responsible for overseeing financial transactions, monitoring cash flow, preparing financial reports, and ensuring compliance with banking regulations.

Requirements

  • Underwrite and present community association loans for approval.
  • Manage an Association Banking loan portfolio, including lines of credit and term loans which are collateralized by assignment of assessment rights or cash security.
  • Responsible for annual reviews, renewal, and increase requests.
  • Ensure timely payment of loans in the portfolio.
  • Negotiate terms and conditions with existing borrowers.
  • Close loan renewals/increases in accordance with approved terms and conditions.
  • Organize and fund Association Banking loan closings with borrowers, in accordance with bank practices.
  • Prepare and approve Association Banking loans to be submitted for booking and imaging.
  • Monitor and clear exceptions in the portfolio.
  • Submit adverse action requests for processing on Association Banking denials, withdrawn loans, and counter offers.
  • Completes required BSA/AML training and other compliance training as assigned.
  • Perform any other related duties as required or assigned.

Benefits

  • Health insurance
  • Retirement plan
  • Paid time off
  • Life insurance
  • Disability insurance
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