Commercial Loan Servicing Specialist
About The Position
As a Commercial Loan Servicing Specialist, you will play a key role in the ongoing support of commercial loans after origination. In this position you will: Process unposted commercial loan payments and participation loan payments, perform quality control of commercial loans onboarded to the bank's core system and CRA Wiz, oversee system generated reports and customer notices, provide internal and external customer service, complete servicing and loan system maintenance requests, prepare and send monthly billing statements, process closed loans, complete SBA loan submissions, prepare and review payoff letters, monitor flood insurance requirements, and other loan servicing-related tasks.
Requirements
- Two year's prior banking experience required
- Demonstrated excellent verbal and written communication skills required
- Demonstrated attention to detail
- Must have the ability to work independently and as part of a team
Nice To Haves
- Associate's degree in business or related field preferred
- Commercial loan servicing and commercial loan documentation experience preferred
Responsibilities
- Process unposted commercial loan payments and participation loan payments
- Perform quality control of commercial loans onboarded to the bank's core system and CRA Wiz
- Oversee system generated reports and customer notices
- Provide internal and external customer service
- Complete servicing and loan system maintenance requests
- Prepare and send monthly billing statements
- Process closed loans
- Complete SBA loan submissions
- Prepare and review payoff letters
- Monitor flood insurance requirements
- Other loan servicing-related tasks
Benefits
- BSNB offers a generous compensation and benefits package.
- This includes medical, dental, vision, company-paid life insurance, voluntary insurances, both a 401(k) plan with a company match and a pension plan, and tuition reimbursement.
- We invest in you with a generous paid time off package along with 11 paid holidays.
- We believe providing a work-life balance is key to your success and investing in your professional development is an important aspect in your growth and satisfaction.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
Number of Employees
51-100 employees
