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.