Fantastic opening with our Century City, CA Client great compensation package!
Description:
Our Client is looking for a skilled lending professional to join its Commercial Loan Servicing team. As a Commercial Lending Servicing Specialist, you will be responsible for boarding and updating all types of accounts to the loan accounting system including all complex bookings from both the Business and Commercial Real Estate product lines. This includes the handling of payments and advances, reviewing and understanding all types of loan documentation, processing of outside council bookings, maintenance transactions of various complexities, monitoring and updating collateral, producing monthly and quarterly reporting, and responding to detailed questions from both internal departments and clients.
Duties and Responsibilities:
• Review and validate loan details and accurately create and update accounts as appropriate.
• Accurately and efficiently process financial and non-financial transactions to loan accounts.
• Review and update collateral information to ensure accuracy and that necessary details are maintained to reduce any associated risk to the client.
• Work with internal business partners at various levels to research and translate account information.
• Work directly with clients to research items of various complexities while bringing situations to a successful and timely resolution.
• Satisfy taxes and insurance on behalf of the client and update the loan accordingly to recover funds over the established payment period.
• Perform duties and responsibilities specific to department functions and activities or as assigned by supervisor.
Requirements:
• High school diploma. Bachelor’s degree, preferred.
• Two years minimum experience in loan operations or related lending experience.
• Knowledge of Available for Sale (AFS), Collateralized Loan Obligation (CLO) or related products.
• Knowledge of residential and commercial loan systems and operations.
• Strong working knowledge of Microsoft Office Suite.
• Familiarity with the following loan products: Term Loans, Lines of Credit, Commercial Real Estate, Construction Loans, Film and Media Lending, and Standby Letters of Credit.
• Ability to interact comfortably with individuals within the organization at several levels, in addition to verbal and written interaction on complex items where customer/vendor interaction includes basic loan resolution.
Description:
Our Client is looking for a skilled lending professional to join its Commercial Loan Servicing team. As a Commercial Lending Servicing Specialist, you will be responsible for boarding and updating all types of accounts to the loan accounting system including all complex bookings from both the Business and Commercial Real Estate product lines. This includes the handling of payments and advances, reviewing and understanding all types of loan documentation, processing of outside council bookings, maintenance transactions of various complexities, monitoring and updating collateral, producing monthly and quarterly reporting, and responding to detailed questions from both internal departments and clients.
Duties and Responsibilities:
• Review and validate loan details and accurately create and update accounts as appropriate.
• Accurately and efficiently process financial and non-financial transactions to loan accounts.
• Review and update collateral information to ensure accuracy and that necessary details are maintained to reduce any associated risk to the client.
• Work with internal business partners at various levels to research and translate account information.
• Work directly with clients to research items of various complexities while bringing situations to a successful and timely resolution.
• Satisfy taxes and insurance on behalf of the client and update the loan accordingly to recover funds over the established payment period.
• Perform duties and responsibilities specific to department functions and activities or as assigned by supervisor.
Requirements:
• High school diploma. Bachelor’s degree, preferred.
• Two years minimum experience in loan operations or related lending experience.
• Knowledge of Available for Sale (AFS), Collateralized Loan Obligation (CLO) or related products.
• Knowledge of residential and commercial loan systems and operations.
• Strong working knowledge of Microsoft Office Suite.
• Familiarity with the following loan products: Term Loans, Lines of Credit, Commercial Real Estate, Construction Loans, Film and Media Lending, and Standby Letters of Credit.
• Ability to interact comfortably with individuals within the organization at several levels, in addition to verbal and written interaction on complex items where customer/vendor interaction includes basic loan resolution.