Loan Systems Specialist II

Duties And Responsibilities

• Daily maintenance, disbursement and processing of participated commercial loans (bought and sold).
• Responsible for maintaining servicing relationship with participating banks and ensuring an accurate system reconcilement between institutions.
• Reconcilement of application system to multiple loan general ledger accounts and deposit clearing accounts.
• Maintenance of application systems by suspense clearing, maintenance tasks and report review (DL, Maintenance Cross Check, Unapplied, etc).
• Performs research on problems and discrepancies related to specific customer service issues and related documents (notices, bills, maturing CCR, etc.) in support of the Direct Banking Center, Operations Help Desk, and Retail/Commercial Lending staff.
• Rates change verification and maintenance (ie. Prime rate, Adjustable Rate Mortgages, etc.).
• Performs account maintenance such as billing adjustments, payment schedules, commitment and note changes, loan advances, ach payment setup, etc.
• Payment processing through special payment coupons, mail payments, and ach.
• Commercial rate swap servicing via payment processing, interest rate maintenance, balancing and interbank wires.
• Maintains a good working relationship with all bank employees. Demonstrates the ability to work independently. Works as a team player to contribute to the success of the department and in turn the organization.
• Provides application systems assistance and training to bank personnel.

Education

Requires a high school diploma or equivalent basic academic education.

Experience

Two to five years general experience. General experience in loan systems and servicing functions, preferred.