Commercial Loan Servicing Specialist at KBW Financial
Waltham, MA
About the Job
Top Banking client in the metro Waltham area has a need for a Commercial Loan Servicing Specialist as the Bank continues to grow. This is a great opportunity for candidates with banking, commercial and loan experience to apply. This is a Hybrid role with Temp to Perm opportunity. This candidate will provide operational and servicing support to the Commercial Lending areas of the Bank, including Commercial Real Estate, Commercial and Industrial, Asset Based Lending, and Small Business.
Responsibilities:
· Responsible for processing loan payments, advances, GL processing and daily settlement of department transactions processed in the DNA Loan system.
· Responsible for managing any incoming loan documentation, including the creation of new loan note files and indexing of documentation for existing loans and processes.
· Process and input borrowing base information for asset-based loans to ensure proper calculation of availability.
· Satisfy incoming service requests and perform file maintenance for but not limited to audit summaries, risk rating changes, officer code changes and address changes.
· Input daily and weekly indices into DNA for variable rate loan changes.
· Prepare and provide payoff quotes as requested.
· Prepare and distribute various daily, weekly and monthly portfolio reports.
· Communicate directly with customers orally and in writing in responding to customer needs
and inquires. Resolve issues within authority level.
· Monitor and work daily exception reports, such as unapplied transactions, autopayment rejects, and tickler reports.
· Assist in the management of the Bank’s participation portfolio, including funding, tracking of payments received, sending remittances, and responding to questions of partner banks.
Qualifications:
§ Bachelor’s Degree in accounting, finance, or business management preferred
§ Two years of banking experience preferred, teller experience a plus and commercial experience preferred
§ Strong organizational and computer skills, including Microsoft Office
§ Exceptional attention to detail, with the ability to meet critical deadlines with limited supervision in a fast-paced environment
§ Exceptional oral and written communication skills, utilized to strengthen customer and business partner relationships
Hourly Rate $27-$29 per hour
Hours are 830-5pm
Hybrid
All interested candidates send a resume to jsmith@kbwfinancial.com
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