
Business Loan Servicing Expert
1 day ago
We are seeking a highly skilled Loan Operations Specialist to join our team. The successful candidate will work closely with clients to ensure timely fulfillment of service level agreements (SLAs).
Job Purpose:
The primary objective of this role is to review and verify commercial loan documentation, extracting key terms and conditions.
- Key Responsibilities:
- Enter loan details into the system of record, including borrower entities, guarantor entities, interest rates, repayment schedules, accruals, collateral, and other relevant information.
- Translate complex loan structures and documentation into actionable data for the system.
- Act as primary point of contact for clients on all servicing-related activities, including advances, payments, rate changes, and system postings.
- Monitor and perform system input for timely administration of rate options, borrowing base adjustments, reduction to revolver schedules, and facility utilization changes.
- Collaborate with agent banks to balance and resolve portfolio issues.
- Process daily research and maintenance requests from lending officers and clients, performing necessary analysis and system input.
- Review and balance daily reconciliation reports for general ledger activity tied to loan servicing.
- Analyze loan documentation and respond to client inquiries regarding loan balances, rates, statements, advances, and payments.
Requirements:
The ideal candidate will possess strong analytical and problem-solving skills, excellent communication and interpersonal skills, ability to work in a fast-paced environment, and attention to detail and organizational skills.
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