Commercial Loan Servicing Specialist

  • location: Newburyport, MA
  • type: Permanent
  • salary: $50,000 - $70,000 per year
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job description

Commercial Loan Servicing Specialist

job summary:
Commercial Loan Servicing Analyst

Full time / permanent opportunity

Randstad Professionals is partnering with a local community bank north of Boston on their search for a Commercial Loan Servicing Specialist.

location: Newburyport, Massachusetts
job type: Permanent
salary: $50,000 - 70,000 per year
work hours: 8 to 5
education: High School
experience: 4 Years
RESPONSIBILITIES include, but not limited to:

  • Prepares and boards commercial loans to the core system
  • Establish new loans on flood and hazard Insurance tracking systems
  • Responsible for the timely and accurate processing of all financial transactions to include: new loan funding; origination fees, construction loan disbursements and payments; participation payments; swap payments; Bank Alliance payments and exception payments as required.
  • Prepare loan pay-off requests, process pay-off transactions and discharge collateral within regulatory time-frames.
  • Monitors flood insurance and tax activities and related documentation.
  • Required to reconcile GL accounts monthly
  • Responsible for assisting with all customer inquiries, research and resolution
  • Reviews closed loan files for quality control purposes.
  • Scanning of Commercial Legal and Credit Files.

  • A minimum of 4 years' commercial lending related function (financial services, attorney or real estate broker).
  • Detail orientation, deadline sensitive
  • Knowledge of loan products and general bank products.

$50K - $70K base annual salary, to commensurate with experience

Application process: Here's how to get Kathleen's attention

* Click the "easy apply" button OR

* Call Kathleen to setup an virtual interview to get the process started even quicker OR

* Email your resume today directly to OR

* If you're still not ready to apply but want to learn more, call Kathleen at 781-897-5218

skills: General Ledger, Commercial Lending, Commercial Credit Administration, Commercial and Industrial Lending, Commercial Real Estate Lending
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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