Loan Servicing Specialist II

CoBankGreenwood Village, CO
$54,300 - $62,100Hybrid

About The Position

Responsible for the servicing and administration of a portfolio of complex syndicated, bilateral, and wholesale loans where CoBank may be the Administrative Agent, a syndicate lender, or a direct lender. Acts as the liaison and operational point of contact for borrowers, syndicate lenders, Farm Credit System partners, and internal CoBank departments. Identifies, analyzes and resolves issues, answers questions, and proactively identifies loan administration challenges and risks to support quality control. Works collaboratively with teammates and stakeholders to facilitate continuous process improvement by leveraging operational excellence principles.

Requirements

  • High school diploma or GED required
  • 2 years of experience required, preferably in banking or financial services
  • Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

Responsibilities

  • Performs all loan servicing and administration activities in expected timeframes and according to documented policies and procedures, including:
  • Processes payment application, funds disbursement, and rate setting transactions in ACBS, and notifies syndicate members and sold participations of transactions.
  • Books new borrowers, credit facilities, loans, letters of credit and fees in loan administration systems.
  • Completes ongoing customer, credit facility, and loan level maintenance.
  • Reviews, documents, and resolves items appearing on reconciliations and control reports timely and accurately.
  • Supports non-processing tasks, initiatives, and projects.
  • Reads and interprets credit agreements as they relate to loan servicing and administration.
  • Serves as “Mission Critical Personnel” for business continuity and reduced staffing scenarios.

Benefits

  • 15 days of vacation
  • 10 paid sick days
  • 11 paid holidays
  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Disability insurance
  • AD&D insurance
  • Life Insurance
  • Tuition reimbursement for higher education
  • 401k with up to 6% matching
  • Additional 3% non-elective contribution
  • Student Loan Match
  • United Way Angel Day
  • Volunteer Day
  • Associate Directed Contribution
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