Third Party Account Coordinator (Finance)

Position Summary:
The Third-Party Account Coordinator is responsible for the processing of commercial loans by ordering and tracking third party vendor work and paying related invoices. This position ensures accurate accounting for the receipt of borrowers funds held in good faith account as well as funds to be collected at loan closing.
Job Duties/Responsibilities:
Maintain knowledge regarding ordering, receiving, and reviewing loan related data from third party vendors including but not limited to UCCs, COGs, appraisal, environmental, flood, and title.Identify anomalies in data received, distribute to appropriate personnel, and retain vendor reports and invoices in borrowers loan file.Track funds used to pay third party vendors invoices from borrowers good faith funds or paid by lender, including preparing requests for approval of payment. This includes reconciliation and balancing of the Good Faith Account and preparation of requests to transfer funds to other related accounts.Assist in gathering, organizing, and reviewing pre- and post-closing loan related documents including closing tickler follow up and preparing internal checklists or forms used to expedite booking to core system, imaging or other downstream processes.Reconcile, review, and provide reporting for Good Faith and Operating cash accounts ensuring adequate funding and allocation of related payable or receivable itemsPerform all other duties as assigned.
Required Skills/Abilities:
Financial Acumen and analytical skillsStrong communication and negotiating skillsIntermediate to advanced skills in ExcelAttention to detailsIn-depth knowledge of state and federal finance laws and bank policies
Education and Experience:
Bachelors degree required in finance, accounting, economics, or related fieldMinimum 3 years of experience in commercial lending services, general ledger and account reconciliations
Physical Demands and Work Environment:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
While performing the duties of this position, the employee is regularly required to talk or hear. The noise level in the work environment is usually moderate. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The employee frequently is required to use hands or finger, handle, or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Onsite work environments are climate controlled. ____________________________________________________________________________
Note:
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
This job description is not designed to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee. They may change, or new ones may be assigned at any time with or without notice. Employees 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. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an at-will relationship.