About us The United States Virgin Islands Economic Development Authority (USVIEDA) is a semi-autonomous government organization responsible for the promotion and enhancement of economic development in the U.S. Virgin Islands. . Our work environment includes:
Modern office setting
Work-from-home days
Growth opportunities
On-the-job training
Flexible working hours
JOB DESCRIPTION SUMMARY Under the direct supervision of the Managing Director, Economic Development Bank, this position provides support to the Economic Development Bank in the processing and maintenance of loan accounts to include; data entry, preparation of loan documents; reviewing and posting loans payments, reconciling borrower accounts, and preparing reports for loan programs. ESSENTIAL FUNCTIONS Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Posts loan payments including reversals, adjustments, and refunds.
Prepares reports such as cash receipts, trial balance, loan status, aging, delinquency, repayment schedules, etc.
Reconciles loan accounts.
Provides support to the reception area as required.
Prepares correspondence, packages, and mails customers billing statements.
Acts as administrator for EDB loan software program; tracking and maintaining activities from customer initial point of contact until a borrower account is paid off.
· Reviews, files and maintains loan records.
Ensures that real estate taxes, insurance coverage, UCC filings, client reporting remain current.
Reviews, resolves and addresses account inquiries and discrepancies.
Assists with scheduling loan interviews and closings.
Attends department meetings and roundtable discussions.
Participates in personal development activities or programs (i.e., seminars, courses, workshops etc.).
Promotes the EDB’s products and services to include in-person attendance at events.
Responsible for supplying and replenishing EDB’s promotional material.
Liaison with the Accounting Department to restock EDB’s banking supplies and materials.
Performs other tasks as assigned.
COMPETENCIES
Technical Capacity.
Personal Effectiveness/Credibility.
Thoroughness.
Collaboration Skills.
Communication Proficiency.
Confidentiality.
Flexibility.
SUPERVISORY RESPONSIBILITY This position has no supervisory responsibilities. WORK ENVIRONMENT This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, fax machines and other office equipment as applicable. PHYSICAL DEMANDS Some stooping, walking, lifting, typing, talking, hearing, seeing, repetitive motions as necessary. This would require the ability to lift up to 20 to 50 pounds of force. POSITION TYPE AND EXPECTED HOURS OF WORK This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m. TRAVEL Some travel is expected. REQUIRED EDUCATION AND EXPERIENCE
Associate degree; or
Bachelor’s degree in Business Administration; and
2-5 years of administrative experience or a combination of education and experience;
Excellent oral communication skills;
Organizational and Time Management skills;
Computer literate (Microsoft Suite: Excel, Word, etc);
Ability to read and understand legal loan documents and apply terms and conditions to each loan; and
Good customer service and telephone etiquette.
PREFERRED EDUCATION AND EXPERIENCE
Bachelor’s degree in Business Administration
Basic accounting and banking knowledge
ADDITIONAL ELIGIBILITY QUALIFICATIONS None AFFIRMATIVE ACTION PLAN (AAP)/EQUAL EMPLOYMENT OPPORTUNITY (EEO) STATEMENT It is the policy of Economic Development Authority (EDA) not to discriminate against any employee or any applicant for employment because of age, race, religion, color, handicap, sex, physical condition, developmental disability, sexual orientation or national origin. Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. Job Type: Full-time Pay: $42,541.84 - $44,260.53 per year Benefits: