Commercial Loan Servicing Specialist II-III
About The Position
This role is primarily responsible for the servicing of Commercial loans including but not limited to preparing commercial loan documentation, loan boarding, collateral perfection – including but not limited to; real estate, UCC and titled vehicle secured, processing of related financial transactions, and loan reconciliation functions. Location: This role is open to candidates within Washington Trust Bank’s footprint of Washington, Idaho, and Oregon. A hybrid work schedule is available after training, combining remote and onsite work. Regular, reliable attendance is required. Schedule: Monday thru Friday, 8:00am - 5:00pm.
Requirements
- Proficient knowledge of loan documentation, collateral perfection, and general loan servicing, as well as bank, federal, and state policies and requirements.
- Minimum of 1-3 years of experience working in a loan servicing or administrative environment is required.
- Strong knowledge of lending laws, regulations and business loan documentation.
- Demonstrated accuracy in working with detailed data in a deadline-oriented environment.
- Demonstrated ability to quickly adapt to and utilize systems and applications.
- Strong telephone and interpersonal communication skills.
- Ability to effectively prioritize work projects to meet deadlines.
Nice To Haves
- Experience with LaserPro, BakerHill NextGen, Jack Henry Silverlake or similar loan servicing, boarding and collateral perfection platforms preferred.
- Knowledge of flood regulation is a plus.
Responsibilities
- Handle loan boarding and collateral perfection.
- Audits and reviews loan documents for a variety of commercial loan products to ensure compliance with regulatory and policy issues.
- Responsible for handling loan package requests from bank lenders and determining required documentation for specific loan type and conditions.
- Orders and verifies supporting documentation.
- Reviews documents for accuracy and completeness.
- Manipulates systems and uses knowledge to create effective loan packages.
- Prepares appropriate documentation for collateral to be pledged.
- Ensures accuracy and completeness for perfection and government regulations.
- Effectively communicate with other departments in the Bank, collaborating with internal and external customers to ensure a successful customer experience.
Benefits
- Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee.
- Our benefits include Health, Financial, Retirement and Work/Life Benefits.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
501-1,000 employees
