Commercial Loan Services Specialist III

Peoples Security Bank & Trust Company•Warrendale, PA

13d

About The Position

Responsible for performing a variety of duties to support commercial and corporate loan functions, coordinating work within the division and with other divisions and departments, reporting pertinent information to the immediate supervisor, and responding to inquiries or requests for information. The role independently supports loan processing and closing activities and functions as supervisor in the manager’s absence.

Requirements

High school diploma or equivalent.
Specialized bank credit services education or training.
Strong communication skills.
Proficient analytical and mathematics skills.
Proficient interpersonal relations skills.
Demonstrated organizational skills.
Proficient PC skills, including Microsoft Word and Excel.
Extensive knowledge of banking services.
Extensive knowledge of loan documentation and requirements for completion.
Proficiency in all phases of loan processing, including credit and compliance calculation and testing.
Visual and auditory skills.
A minimum of six years of related experience.

Responsibilities

Function as supervisor in the absence of the manager.
Follow new loans from approval through closing to ensure a timely, accurate, and compliant process.
Research, order, and collect necessary loan documentation and other information for pre-closings and closings.
Produce documentation between the Bank and customers through completion of the loan closing, including commitment letters, amendments, line of credit renewal letters, and letters of credit.
Distribute documentation and related information to Loan Processing for timely entry into the system.
Follow up, suggest changes, and complete additional records or attorney-prepared documents for loans in process.
Ensure proper documentation is on file and current by managing and tracking various loan types, including construction and multiple-advance or draw-down loans after closing, while maintaining the Bank’s lien position, qualified disbursement of funds, and compliance.
Provide customer support when necessary and contact customers to complete loan processing.
Attend closings if requested.
Assist Commercial or Corporate Loan Officers as needed.
Train Commercial Services Specialists I and II.
Coordinate work within the division and with other divisions and departments.
Report pertinent information to the immediate supervisor and respond to inquiries or requests for information.