Commercial Loan Operations Specialist LeadThe Commercial Loan Operations Specialist Lead provides operational support for an array of banking commercial products. Under limited supervision, this job works on projects and prospects associated with commercial operations by coordinating data input processes, quality control, client statement preparations and error identification. This job solves escalated reporting issues and consistently works to maintain the accuracy of the company's commercial loan management system.Key Responsibilities and Duties
Coordinates processing of commercial banking operations such as loans, letters of credit and banking guarantees.
Ensures accuracy, quality and completeness of data inputs from loan applications and related documentation into a commercial loan management system.
Supports preparation of statements for clients, along with conducting reconciliation and investigation efforts when needed.
Retrieves and provides information on existing loans to clients as requested.
Ensures best practices for resolving out-of-balance transactions are followed.
Identifies and corrects erroneous transactions and reports major issues to senior colleagues for issue resolution.
Trains, delegates and reviews work of junior colleagues to ensure high quality delivery of services and products.
Educational Requirements
University (Degree) Preferred
Work Experience
5+ Years Required; 7+ Years Preferred
Physical Requirements
Physical Requirements: Sedentary Work
Career Level8ICAdditional Information
This role will be responsible for the boarding and servicing of commercial loans in the Asset-Backed Finance (ABF) space.
Preferred Qualifications
5+ years of ABF loan servicing experience and in-depth, expert knowledge of associated loan documentation.
Significant, demonstrable experience related to appropriate servicing system data entries needed to properly align servicing system financial processing outcomes to the intended financial structure of the loan.
Experience with systems used to service ABF loans.
FIS servicing systems desired but not required.
Hybrid work is a minimum of four days a week, one flexible day for remote work.Posting End Date: 11/12/24Pay Range $96,300 - $130,300
