Commercial Loan Servicing Specialist II-III

Washington Trust Bank is a financial institution seeking a Commercial Loan Servicing Specialist II-III. This role is primarily responsible for the servicing of commercial loans, including preparing loan documentation, loan boarding, collateral perfection, and processing related financial transactions.

Responsibilities

• Handle loan boarding and collateral perfection
• Audits and reviews loan documents for a variety of commercial loan products to ensure compliance with regulatory and policy issues
• Responsible for handling loan package requests from bank lenders and determining required documentation for specific loan type and conditions
• Orders and verifies supporting documentation
• Reviews documents for accuracy and completeness
• Manipulates systems and uses knowledge to create effective loan packages
• Prepares appropriate documentation for collateral to be pledged
• Ensures accuracy and completeness for perfection and government regulations
• Effectively communicate with other departments in the Bank, collaborating with internal and external customers to ensure a successful customer experience

Skills

• Proficient knowledge of loan documentation, collateral perfection, and general loan servicing, as well as bank, federal, and state policies and requirements
• Minimum of 1-3 years of experience working in a loan servicing or administrative environment is required
• Strong knowledge of lending laws, regulations and business loan documentation
• Demonstrated accuracy in working with detailed data in a deadline-oriented environment
• Demonstrated ability to quickly adapt to and utilize systems and applications
• Strong telephone and interpersonal communication skills
• Ability to effectively prioritize work projects to meet deadlines
• Experience with LaserPro, BakerHill NextGen, Jack Henry Silverlake or similar loan servicing, boarding and collateral perfection platforms
• Knowledge of flood regulation is a plus

Benefits

• Health, Financial, Retirement and Work/Life Benefits

Company Overview

Company H1B Sponsorship