Commercial Loan Operations Specialist
JobsInMass.com · Woburn, MA · 4 days ago
Finance$25–$35/hrFull-time
Essential Functions
- Onboard all commercial loans including new loans, modifications, participation sales and participation purchases
- Performs the quality control function for new loans and the maintenance on loan modifications
- Maintains the integrity of data entered into the core system
- Provides commercial loan funding transfers in accordance with established Bank policies and procedures
- Responsible for providing outstanding customer service to internal and external customers
- Demonstrates compliance with all bank regulations for assigned job function
- Affords the main liaison for the ongoing perfection of collateral through UCC continuations, amendments, and terminations to ensure they are processed in a timely and accurate manner
- Performs additional duties, departmental cross-training, and participates in special projects as required
- Maintain electronic loan documentation files, scan, and index into electronic file system
- Works closely with the lending team to track document exceptions and any missing documentation on the Bank’s tickler system
- Responsible for reconciliation of GL accounts
- Maintain knowledge of all existing regulations that pertain to loan servicing
- Works with loan officers and other personnel in the commercial lending department on loan servicing issues
- Researches requests and other questions that arise
- Performs additional duties as requested
JOB QUALIFICATIONS
- 3+ years’ experience in the lending area of a bank
- Business Degree or related field experience required
- Solid communication skills
- Proficient in Computers
- Good organizational skills
- Ability to work independently and within a team environment
Pay
The hourly rate range for the Commercial Loan Operations Specialist is $25.00 to $35.00 per hour.