Commercial Loan Servicing Specialist II-III
Washington Trust Bank is a financial institution seeking a Commercial Loan Servicing Specialist II-III. This role is primarily responsible for the servicing of commercial loans, including preparing loan documentation, loan boarding, collateral perfection, and processing related financial transactions.
Responsibilities
- Handle loan boarding and collateral perfection
- Audits and reviews loan documents for a variety of commercial loan products to ensure compliance with regulatory and policy issues
- Responsible for handling loan package requests from bank lenders and determining required documentation for specific loan type and conditions
- Orders and verifies supporting documentation
- Reviews documents for accuracy and completeness
- Manipulates systems and uses knowledge to create effective loan packages
- Prepares appropriate documentation for collateral to be pledged
- Ensures accuracy and completeness for perfection and government regulations
- Effectively communicate with other departments in the Bank, collaborating with internal and external customers to ensure a successful customer experience
Skills
- Proficient knowledge of loan documentation, collateral perfection, and general loan servicing, as well as bank, federal, and state policies and requirements
- Minimum of 1-3 years of experience working in a loan servicing or administrative environment is required
- Strong knowledge of lending laws, regulations and business loan documentation
- Demonstrated accuracy in working with detailed data in a deadline-oriented environment
- Demonstrated ability to quickly adapt to and utilize systems and applications
- Strong telephone and interpersonal communication skills
- Ability to effectively prioritize work projects to meet deadlines
- Experience with LaserPro, BakerHill NextGen, Jack Henry Silverlake or similar loan servicing, boarding and collateral perfection platforms
- Knowledge of flood regulation is a plus
Benefits
- Health, Financial, Retirement and Work/Life Benefits
Company Overview
Company H1B Sponsorship