Loan Participation Specialist

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