Commercial Loan Servicing Specialist II-III

Washington Trust Bank•Seattle, WA

2d•Hybrid

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.