First Merchants Corporation

Credit Administrative Specialist

First Merchants Corporation  •  Munster, IN (Onsite)  •  23 days ago
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Job Description

First Merchants Bank is seeking a Credit Administrative Specialist to join our team! This position will facilitate communication between Relationship Managers, Credit Analysts, and Commercial Administrators to ensure accurate, high-quality loan submissions and compliance with bank policies. This role supports Credit Analysts by providing complete and reliable information, manages Loan and SAM Committee logistics, and assists with portfolio monitoring, appraisal coordination, and credit administrative tasks as needed.

Essential Duties & Responsibilities:

  • Coordinate communication and workflow between Relationship Manager, Credit Analyst and Commercial Administrator.
    • Ensure all commercial loan requests submitted meet the standard requirements for entity verification and financial support as defined in the bank’s policies/processes.
    • Ensure compliance with applicable regulations.
    • Ensure service request is complete/accurate prior to forwarding to a Credit Analyst.
  • Serve as Regional/Line of Business Loan Committee Secretary.
    • Coordinate, monitor, and manage Loan Committee agendas and meeting packets.
    • Coordinate and manage action items and/or decisions from Loan Committee meetings.
    • Coordinate and manage approvals.
  • Serve as Regional/Line of Business SAM Committee Secretary.
    • Coordinate, monitor, and manage SAM Committee agendas and meeting packets.
    • Coordinate and manage action items and/or decisions from SAM Committee meetings.
    • Coordinate maintenance for all special assets loans.
    • Generate SAM Committee Minutes with minimal oversight or review.
  • Portfolio Monitoring
    • Complete monitoring tasks as needed which may include, but not limited to ACR, ACH Reviews, brokerage statement tests, SAM data reports, and other data integrity reports.
  • Order and obtain Real Estate Appraisals and Evaluations.
    • Ensure bids for appraisals are completed and appraisers engaged within service level standards.
    • Serve as a liaison between Commercial Sales and external appraisal vendors to order, maintain, resolve issues, and ensure accuracy and quality of reports.
  • Support Credit Administrative Specialists as needed during scheduled and unscheduled absences.

In order to be successful in this position, we require the following:

  • High school diploma or equivalent (GED).
  • One (1) year of banking experience.

The following would be a plus:

  • Associate degree in business, accounting or finance.

First Merchants offers the following:

  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!

First Merchants Corporation

About First Merchants Corporation

First Merchants Corporation is the largest financial services holding company in Central Indiana, headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME.

First Merchants offers customers broad financial services throughout locations in Indiana, Ohio, Illinois and Michigan providing:

• Commercial Banking (business) – checking, treasury management, card services, financing, loans, electronic banking, online and mobile banking.

• Personal Banking (consumer) – checking, savings, CDs, mortgages, loans, IRAs, HSAs, online and mobile banking.

• Private Wealth Advisors - trusts, investments, 401(k) plans, 403(b) plans, profit sharing plans, pension plans, cross-tested plans, cash balance plans, Flexible Spending Accounts, IRAs, SEP IRAs, and succession planning.

First Merchants is committed to customers by:

• Developing strong relationships.

o As financial advisors – our professionals listen and provide solutions

o The tenure of our professionals averages eight years, meaning you will enjoy continuity of service

o We hire local professionals from the communities we serve

• Customers benefit from local decision making.

o Decisions are made faster

o The process is streamlined, with each customer having a single point of contact.

o Our financial professionals are empowered to develop tailored solutions.

• The local communities we serve benefit from First Merchants’ involvement and support.

Member FDIC, Equal Housing Lender. Investment Management solutions provided by First Merchants Private Wealth Advisors may not be FDIC insured, are not deposits of First Merchants Bank and may lose value. First Merchants and the shield logo are registered service marks of First Merchants Corporation.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Muncie, IN
Year Founded
1893
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