Commercial Loan Servicing Specialist III

Axos BankLos Angeles, CA
58d

About The Position

The Commercial Loan Servicing Specialist III provides advanced-level support in the day-to-day administration and servicing of complex commercial loan portfolios. This role ensures operational accuracy, regulatory compliance, and exceptional client service while acting as a subject matter expert and escalation point for junior team members.

Requirements

  • Bachelor's degree in Finance, Business Administration, or related field preferred
  • 4+ years of experience in commercial loan servicing or commercial lending operations
  • Strong understanding of commercial loan products, servicing systems, and regulatory frameworks
  • Proficiency in Microsoft Office Suite and loan servicing platforms
  • Excellent analytical, organizational, and communication skills
  • Proven ability to manage multiple priorities in a fast-paced environment with high attention to detail

Responsibilities

  • Process loan transactions, including payments, payoffs, and other related activities
  • Process advances and other related disbursements for commercial lending while collaborating with various business units. Ensure accurate approval and timely disbursement to the borrower or agent via wire transfer (international/domestic) or internal transfers
  • Work closely with your team and leadership to propose, develop, and actively contribute to the creation and enhancement of new processes and tools
  • Focus on improving support workflows, increasing efficiency, and ensuring seamless integration with business operations while aligning with organizational goals and best practices
  • Develop a comprehensive understanding and expertise in the financial industry by learning and applying relevant procedures and regulations
  • Ensure compliance with industry standards while maintaining strict confidentiality and safeguarding customer information
  • Maintain or exceed established service level standards for customer service, resolve issues and escalate complex issues as needed
  • Work closely with various business units to facilitate and process loan term updates, modifications, and escrow disbursements
  • Ensure all changes are accurately documented, approved, and executed in compliance with company policies and regulatory guidelines while maintaining clear communication with relevant stakeholders
  • Review daily and monthly clearing general ledger reconciliation for accuracy

Benefits

  • Medical, Dental, Vision, and Life Insurance
  • Paid Sick Leave, 3 weeks' Vacation, and Holidays (about 11 a year)
  • HSA or FSA account and other voluntary benefits
  • 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
  • Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Credit Intermediation and Related Activities

Number of Employees

1,001-5,000 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service