Loan Servicing Specialist II (Hybrid Schedule)

UMB Bank•Kansas City, MO

1d•Hybrid

About The Position

Associate will be responsible for the post closing review of commercial loans including Commercial and Commercial Real Estate loans ranging from small business to large complex commercial loans including participations, syndications, construction, practice, agricultural, aircraft, energy, bonds, capital markets and other specialty lending. Job duties include but are not limited to Comprehensive review of loan documentation for accuracy and completeness including internally prepared documents and attorney documents; Determine loan documents conformance with approval, regulation, established policies and procedures; Interpret business organization documents; Independently identify exceptions during the review process and load to exception system; Research and resolve exceptions with the goal to remove exception; Management of Bank’s collateral in vendor platform; Handle inquiries from internal business partners; Act as a resource sharing knowledge and expertise with members of the department; Communicate with loan officers, internal business partners, third parties, etc.; Track receipt of incoming original documents; and other duties as assigned.

Requirements

Must have 3 years of loan experience (consumer or commercial)
Strong analytical skills
Inquisitive by nature
Strong attention to Detail
Ability to read and comprehend complex loan approval
Ability to read and comprehend Bank’s Loan Policy
Knowledge of loan documentation and loan structure
Familiarity with loan compliance and regulation
Knowledge of lien perfection and insurance monitoring to include flood, property & liability
General knowledge of Microsoft Office Products
Good verbal and written communication skills
ability to multi-task

Responsibilities

Comprehensive review of loan documentation for accuracy and completeness including internally prepared documents and attorney documents
Determine loan documents conformance with approval, regulation, established policies and procedures
Interpret business organization documents
Independently identify exceptions during the review process and load to exception system
Research and resolve exceptions with the goal to remove exception
Management of Bank’s collateral in vendor platform
Handle inquiries from internal business partners
Act as a resource sharing knowledge and expertise with members of the department
Communicate with loan officers, internal business partners, third parties, etc.
Track receipt of incoming original documents
other duties as assigned

Benefits

Paid Time Off
a 401(k) matching program
annual incentive pay
paid holidays
a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
health savings, flexible spending, and dependent care accounts
adoption assistance
an employee assistance program
fitness reimbursement
tuition reimbursement
an associate wellbeing program
an associate emergency fund
various associate banking benefits