Loan Servicing Officer

This position will act as a resource for syndicated loans and review of new loan products.

Will also be responsible for research, performing callback, reviewing, and approving daily transactional entries, problem solving, participating in special projects, and responding to escalated and more complex requests within Commercial Loan Servicing.

ESSENTIAL FUNCTIONS

• Researches and resolves most complex internal / external customer questions / discrepancies in loan accounting.
• Coordinates syndicated and participated activity, including booking new loans and daily transactions with borrowers, internal partners, and other banks, as assigned.
• Books new loans, modifications, renewals, and extensions.
• Performs callback and reviews new loans, renewals, extensions, and modifications processed by staff, and inputs index values into IBS.
• Provides support for loan coding and other questions for bank and regulatory reporting.
• Reviews Line Sheet and approves Trade Innovations transactions and wire requests pertaining to those requests.
• Balances and approves daily IBS transaction balance sheets for staff.
• Monitors Pass-thru accounts to ensure timely clearance.
• Monitors designated exception items on tickler / tracking report to ensure timely processing.
• Provides product expertise to all levels of bank personnel.
• Researches and resolves rate and payment adjustments issues.
• Communicates clearly and effectively with all levels of positions.
• Other duties and projects, as assigned.

QUALIFICATIONS

Experience : 3-5 years of experience in commercial loan servicing or relevant commercial and real estate administration industry.

Education : Requires a bachelor’s degree or equivalent experience.

Skills / Abilities :