Vice President

Company:  Money Fit by DRS
Location: Newburyport
Closing Date: 30/10/2024
Salary: £125 - £150 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Vice President Loan Operations

We are seeking a Vice President of Loan Operations to supervise and coordinate the operations of the Bank’s commercial and residential loan departments while providing vision, leadership, and direction. This is an in-office position.

Responsibilities:

  1. Develop, implement and update department policies and procedures.
  2. Manage the accurate, timely onboarding of all residential, consumer and larger commercial loans, including Participations, Commercial Real Estate and C&I Loans.
  3. Develop and implement process efficiencies while managing risk and control.
  4. Regularly review reports and daily processes to proactively manage potential risks.
  5. Collaborate with auditors, loan review teams and examiners during assessments of Loan Operations.
  6. Review daily all parameter maintenance, bankruptcy/charge-off processing and maintenance, eOscar credit bureau reporting and dispute resolution, customer reporting requests and generation, audit preparation and response, periodic reporting and investor remittances and balancing.
  7. Act as liaison for core and other operating systems and other projects or initiatives.
  8. Design office workflow system, incorporating use of data processing and computer hardware options.

Job Qualifications:

  1. Bachelor's degree preferred or one to two years related experience and/or training; or equivalent combination of education and experience.
  2. Excellent written and verbal communication skills.
  3. Self-motivated, proactive, and goal oriented; enjoys leading a team.
  4. Utilizes strong organization skills to perform and prioritize a high volume of tasks simultaneously.
  5. Consistently achieves goals and meets strict deadlines while maintaining excellent attention to context, substance, and detail.
  6. Embraces the team-oriented culture and works collaboratively across the Bank to support the Bank’s strategic growth plans.
  7. Microsoft Excel and Microsoft Word knowledge required. Knowledge of and experience with Encompass and Jack Henry software preferred but not required.

This position is full-time with fully paid medical, dental and vision insurance, as well as dollar-for-dollar 401(k) match up to 10%; life insurance; disability plan; pension plan after 2 years of service; and generous vacation and paid-time off.

The Institution for Savings is an Equal Opportunity Employer. Member FDIC. Member DIF.

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