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Consumer Loan Collateral Supervisor

Park National Bank
Newark, OH Full Time
POSTED ON 7/6/2024 CLOSED ON 8/2/2024

What are the responsibilities and job description for the Consumer Loan Collateral Supervisor position at Park National Bank?

Responsibilities

This job splits time 50/50 between Newark and Mount Vernon locations

This position will primarily focus on the management of the Collateral function, which includes the following responsibilities:

  • Overseeing lien placement, tracking, and release
  • Monitoring bank risk in relation to Federal Reserve Pledging
  • Managing the payoff processing of consumer non-real estate loans

Additional Responsibilities May Include

  • Assist department manager with Supervisory responsibilities: Interview and select candidates for openings, set goals for associates, assign tasks/duties and training, prepare and conduct performance reviews, improvement plans and compensation recommendations, establish workflow, establish and monitor associates schedules, review and approve timecards
  • Initiate and monitor established guidelines and procedures for the department including completion of processes/procedures and follow up of identified exceptions
  • Responsible for initial review and/or resolution of escalated customer inquiries and support of elevated compliance issues, as needed
  • Analyze metrics related to accuracy and efficiency of operational processes and recommend process improvement as applicable
  • Review and monitor daily, weekly, monthly reports and reconciliation
  • Approve Transaction Management System and blockwork transactions daily
  • Assist in periodic reviews of the consumer loan operations associates and procedures to ensure accuracy and efficiency levels are met
  • Remain current on all consumer loan products, services, and systems through ongoing internal and external training exercises
  • Promote activities to ensure development areas, goals and objectives of team are met
  • Assist with specifications and testing related to consumer loan origination systems and core system related projects and releases
  • Foster collaboration and ongoing education of team to sustain broad base of product, service and technical knowledge
  • Support initiatives resulting from analysis of monthly monitoring reports
  • Individually and if applicable, as a supervisor, participate in identifying, measuring, monitoring, controlling and mitigating departmental and enterprise-wide risks
  • Maintain awareness of and adhere to the Bank’s compliance requirements and risk management concepts, expectations, policies and procedures and apply them to daily tasks
  • Work on strategic initiatives or projects as identified by management
  • Other duties as assigned

SCHEDULE

Office hours are Monday through Friday 8am to 5pm. This position is exempt and full-time. A minimum 40 hours is required. Saturdays or non-traditional office hours may be required throughout the year.

Salary.com Estimation for Consumer Loan Collateral Supervisor in Newark, OH
$94,606 to $129,234
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