GENERAL JOB DESCRIPTION

Performs moderately complex (journey-level) loan specialist work. Work involves setting up loan closing files, reviewing closing documents, monitoring loan closing deadlines and communicating with borrowers. May train others. Works under general supervision, with moderate latitude for the use of initiative and independent judgment. Reports to the Manager of the Applications Department – Credit Review Department.

ESSENTIAL JOB FUNCTIONS

• Tracks and monitors receipt of loan closing documents and borrowers’ compliance with loan covenants.
• Conducts reviews and audits of loan closing packages and materials to determine compliance with requirements, contracts, laws, rules, regulations, policies, and procedures.
• Ensures all loan documents are properly executed.
• Assists with preparing reports and conducting loan closing training.
• Supports Rural Project Water Development (RWPD) teams in scheduling closing meetings.
• Assists the Assistant Manager and Water Science and Infrastructure management in identifying process improvements and areas within RWPD that need improvement or can be streamlined.
• Assists the Assistant Manager with ensuring closing milestones are met within the Applications Department.
• Assists with the creation and population of project records in TxWISE and issuing project and loan numbers.
• Assists in issuing commitment numbers for all commitments, including loans, grants, principal forgiveness, and multi-year commitment when necessary.
• Assists with updating and creating loan closing procedures and guidance documents.
• Performs cost savings analysis.
• Promotes an environment that encourages teamwork, accountability, professional development, and improvement in performance.
• Reviews and inputs borrower information into an internal database.
• Assists with the review of database processes and the development and implementation of procedures and training in the Applications Department.
• Conducts outreach to borrowers to verify closing dates and enforce closing deadlines.
• Maintains confidential and sensitive information.
• Ensures individual and team files (electronic and hard versions) are appropriately maintained and timely disposed of in accordance with the agency’s records retention procedures and schedule.
• Maintains required certifications and licenses and meets the continuing education needs and requirements of the position to include, attending mandatory training courses.
• May be required to operate a state or personal vehicle for business purposes.
• Performs other duties as assigned.

 MINIMUM QUALIFICATIONS

• Graduation from an accredited four-year college or university with a bachelor’s degree in Accounting, Business Administration, Finance, Economics, or a related field.
• One year of relevant work experience in finance, banking, accounting, or real estate work.
• Relevant education and experience can be substituted for each other on a year-for-year basis.

PREFERRED QUALIFICATIONS

• Three years of relevant work experience in finance, banking, accounting, or real estate work.
• Two years of progressive work experience working with the TWDB financial assistance programs.
• Previous experience with loan closing, legal, bond issuance, or regulatory experience.
• Previous experience with municipal finance.
• Previous experience with reviewing financial related contracts.

KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)

• Knowledge of local, state, and federal laws and regulations relevant to the Applications Department – Credit Review Department.
• Knowledge of the principles and practices of public administration.
• Knowledge of TWDB financial assistance programs.
• Knowledge of finance administration and public finance.
• Knowledge of financial and industry terminology and practices.
• Knowledge of operating computers, software applications, and peripheral devices.
• Skills in using Microsoft Office programs such as Word, Excel, and Access.
• Skills in use of internet, email, word processing, spreadsheet, presentation, and database software.
• Skills in preparing and maintaining accurate records, reports, documents and correspondence and meeting deadlines.
• Ability to prepare special reports, budgets utilizing in-house software programs.
• Ability to meet deadlines and respond appropriately to customers’ needs and special requests.
• Ability to adhere to work schedules, follow procedures with respect to leave and submit accurate timesheets by prescribed deadlines.
• Ability to make mature, objective decisions and identify areas of potential problems.
• Ability to perform effectively and willingly when changes occur in scope and nature of the work and work environment.
• Ability to perform routine and non-routine work assignments accurately and on-time with little or no supervision.
• Ability to perform assigned duties and improve work habits and/or output.
• Ability to complete assigned work, on time, neatly and with infrequent errors.
• Ability to interpret policies, procedures, and regulations.
• Ability to provide prompt, courteous and accurate assistance and clear and concise communication to internal and external stakeholders both verbally and in writing.
• Ability to work and cooperate with others in a team environment.
• Ability to manage multiple tasks.
• Ability to stand/sit/move to perform activities such as retrieve/replace files in a large file system for boxes up to 30 lbs.
• Ability and willingness to travel 5% of the time, primarily within the State of Texas.
• Ability to operate a vehicle (state or personal) for state business and maintain a driver’s license and driving record that complies with state and agency requirements.
• Ability to work shifts that may exceed 8 hours, including early mornings, nights, and weekends.
• Ability to train others.