Loan Participation Specialist
Renasant Bank · Tupelo, MS · 1 mo ago
On-siteFinanceOther
Responsibilities
- Post payments and advances
- Load new loans and renewals
- Serve as a back-up for the total participation portfolio
- Serve as the secondary participation loan clerk
- Maintain integrity of the participation loan for balancing and remittance
- Daily verification of Participation Loan Team Leader participation work from prior day
- Auxiliary loading/editing of participation loans into the FIS system
- Document imaging to Vision Content
- Knowledge of general loan department maintenance including, but not limited to:
- Ordering coupons
- Posting rejects
- Auto-draft/ACH set-up
- Due date changes
- Posting special payments
- Mailing in payments
- Payoffs and payment extensions
- ACH Auto-pay and Funds Management Sweeps
- Name and address changes
- Posting and advancement for floor plan loans
- Researching and correcting errors on loan payments, advances, rate changes and other loan errors
- Performing rate changes as needed
- Auxiliary research on items not cleared for the balancing clerk
- Perform other related duties as assigned
Qualifications
- High school diploma or equivalent
- Minimum of 1 year of loan maintenance or job related experience
- In-depth knowledge of FIS/IBS loan system
- Knowledge of credit terminology
- Ability to use a ten key calculator with speed and accuracy
- Ability to operate office equipment such as copier, fax and other basic office equipment
- Excellent computer skills to include Word and Excel
- Excellent communication skills to provide adequate customer service and support for branch personnel
- Strong organizational skills