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Job Vacancy Announcement Detail


Employer: Bank of the Federated States of Micronesia
DBA: Bank of the Federated States of Micronesia
Address: P. O. Box 503993
Saipan, Northern Mariana Islands
96950 United States
Phone: 670-234-0376
Other Number: 670-234-5376
Contact Bank of the Federated States of Micronesia via email

Job Vacancy Announcement JVA
JVA Type: New
Island Saipan
FLSA Covered? Yes, covered
DOD related? No
PERM related? * No
VEVRAA related? No
Original Number of Openings: 1
Number of Openings Currently Available 1
Specific Worksite location: Suite 601 at Marianas Business Plaza
Job Classification: Business and Financial Operations Occupations
Job Title: Loan & Administration Officer
Announcement Number: 23-08-103355
Job Classification: Business and Financial Operations Occupations
Opening Date: 8/8/2023
Closing Date: 8/29/2023
Salary Range: $20800 to $39000 / Annually
Job Title: Loan & Administration Officer
Job Duties: Perform Accounting/bookkeeping and secretarial services. Perform errands for monthly remittance of related taxes of Saipan LPO (BGRT, withholding taxes and FICA) renewal of licenses. Monitor and order office supplies. Ensure application packages are complete. Follow up and collect annual documents (business licenses, annual tax returns, insurance, etc) from borrowers. Perform collections for accounts that are less than 120 days past due. Receive and draft abbreviated credit memorandum for commercial loan applications for loan requests below $100K. Complete Compliance Checklist for every loan request. Manage and maintain borrowers’ files in Saipan. Comply with all BSA/AML, FDIC Regulation and FSM Laws and CNMI Laws. Perform other functions as needed in support of the lending functions in Saipan.
High School Diploma Required? Yes
Qualification Requirements: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Bachelor’s degree (B.A. or B.S.) from a four-year college or university; or one to two year related experience and/or training; or equivalent combination of education and experience.
Full or Part Time: Full Time
Hours per Week: 40
Hours per Day: 8
Payment Frequency: Biweekly
Overtime Available: No
Overtime Rate: $ - $
Rate x 1.5 per hour Exempted: Yes
Specify All Payroll Deductions: States Tax, Federal tax, Social Security & Medicare
Required tools, supplies and Equipment to be provided: None.
Anticipated starting date of employment: 8/9/2023
Anticipated closing date of employment: 8/31/2023
Housing Provided: No
Food Provided: No
Transportation required: Yes
If transportation is required, daily transportation to and from the worksite(s) will be provided to the workers. Daily pick-up place(s) will be at: Not provided.
Fringe Benefits: Health & Life Insurance and paid Holidays
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