Jobs · Finance · Wisconsin

Commercial Loan Servicing Specialist

Landmark Credit Union · New Berlin, WI · 1 wk ago
FinanceFull-time

Nature and Scope

This position reports to the VP, Commercial Banking Operations. Responsible for assisting the Commercial Banking Department in member loan servicing, this role performs a variety of functions related to life-of-loan servicing of business loans accounts for Landmark’s business members.

Requirements

  • High School Diploma or equivalent and a minimum of two years of direct experience in both C&I and commercial real estate servicing.
  • Equivalent combination of education and experience will be considered.
  • Excellent verbal and written communication skills.
  • Problem solving skills.
  • Organizational skills.
  • The ability to work independently as a valuable team member in a dynamic environment.
  • Demonstrated ability to use independent judgment and discretion in various situations while maintaining a high degree of confidentiality.
  • A thorough understanding of company policies and procedures as they relate to this position.
  • Compliance with all job-related State and federal laws and regulations.

Principal Accountabilities

  • Aids in all business member servicing, including loan payment questions, loan payoffs, wires, providing loan histories, ACH origination audits and deposit account questions and activities.
  • Prepares necessary checklists and utilizes Sageworks ticklers for tracking and follow-up of exception items, including UCC’s, final title, recorded mortgages, etc.
  • Responsible for the tracking and continuations of UCC’s (both State and County).
  • Processes paid loan files and ensures that mortgages are satisfied within Statutory guidelines per the paid loan checklist procedure.
  • Maintains both the paper files and scanned loan files in Nautilus, including scanning and filing all closed loans and any other ancillary documents.
  • Responsible for all year-end servicing activities, including escrow disbursements and interest statements.
  • Performs other duties as assigned.

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