Commercial Loan Associate
Associate will be responsible for the post closing review of commercial loans including Commercial and Commercial Real Estate loans ranging from small business to large complex commercial loans including participations, syndications, construction, practice, agricultural, aircraft, energy, bonds, capital markets and other specialty lending. Job duties include but are not limited to comprehensive review of loan documentation for accuracy and completeness including internally prepared documents and attorney documents; determine loan documents conformance with approval, regulation, established policies and procedures; interpret business organization documents; independently identify exceptions during the review process and load to exception system; research and resolve exceptions with the goal to remove exception; management of bank's collateral in vendor platform; handle inquiries from internal business partners; act as a resource sharing knowledge and expertise with members of the department; communicate with loan officers, internal business partners, third parties, etc.; track receipt of incoming original documents; and other duties as assigned. Must have 3 years of loan experience (consumer or commercial); strong analytical skills; inquisitive by nature; strong attention to detail; ability to read and comprehend complex loan approval; ability to read and comprehend bank's loan policy; knowledge of loan documentation and loan structure; familiarity with loan compliance and regulation; knowledge of lien perfection and insurance monitoring to include flood, property & liability; general knowledge of Microsoft Office products; good verbal and written communication skills; and ability to multi-task.
Compensation Range : $38,910.00 - $75,080.00
UMB offers competitive and varied benefits to eligible associates, such as paid time off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more? You're more than a means to an enda way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
Loan Servicing Specialist • Kansas City, MO, US