Loan Operations Specialist - Senior / CT Operations Team
About The Position
UMB’s Specialty Corporate Trust team offers a variety of trust services to the structure finance world for aviation, rail and real estate. We work with customers based across the world to onboard their business and administer the trust transactions. Our team supports UMB by bringing in direct revenue to the bank in the way of fee revenue and interest income. We offer a niche product and service offering and our team is known around the world as one of a few specialty trust departments that can onboard and administer this unique group of products. The Sr Loan Ops Specialist role will be responsible for daily CT Operations activities. This includes maintaining agency appointments on CLS system, onboarding/setup, maintenance, assignment processing, payments, wire processing, daily monitoring, transaction posting and reporting, including notices to lenders. Teamwork is key to our success! The unique transactions we work on continue to evolve and provide a wide range of challenging experiences. There are many occasions when it is busy and there are a lot of moving pieces that require coordination with various parties and quick action by our team. We rally as a team during the challenges and then celebrate the successes of the entire group. The environment is both professional and personal -we support each other through our diverse work styles and strengths. Our team has a strong background in the industry we are always happy to share our knowledge and help those around us grow! How you’ll spend your time: You will use your attention to detail to manage risk associated with processing daily volume of activities You will use your customer service skills to serve as a Commercial Loan Servicing (CLS) system expert while responding to clients timely with requested information You will review loan structures, legal documents, and comment on administrative duties in governing documents to ensure operational mechanics are appropriate You will assist with development and implementation of processes and procedures as requested
Requirements
- Bachelor’s degree or equivalent work experience
- At least three (3) or more years of work experience in areas of Corporate Trust and/or Loan Agency or four (4) or more years of relevant work experience
Responsibilities
- Maintaining agency appointments on CLS system
- Onboarding/setup
- Maintenance
- Assignment processing
- Payments
- Wire processing
- Daily monitoring
- Transaction posting and reporting, including notices to lenders
- Manage risk associated with processing daily volume of activities
- Serve as a Commercial Loan Servicing (CLS) system expert while responding to clients timely with requested information
- Review loan structures, legal documents, and comment on administrative duties in governing documents to ensure operational mechanics are appropriate
- Assist with development and implementation of processes and procedures as requested
Benefits
- Paid Time Off
- 401(k) matching program
- Annual incentive pay
- Paid holidays
- Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- Health savings, flexible spending, and dependent care accounts
- Adoption assistance
- Employee assistance program
- Fitness reimbursement
- Tuition reimbursement
- Associate wellbeing program
- Associate emergency fund
- Various associate banking benefits
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Associate degree
