Jobs · Finance · Massachusetts

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.

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