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Commercial Loan Servicing Associate
2 months ago
If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people firstdoing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work
Responsibilities:
- Service loans for commercial clients - payments, payoffs, advances, and adjustments to loan systems
- Read and understand all commercial loan documents including notes, agreements, and understand how the data is set up on the required loan system
- Communicate effectively with loan officers, managers, and clients regarding loan transactions and exceptions
- Ability to deliver high quality professional service to internal and external customers, understanding all aspect of loan processing, ensuring requests are processed accurately within established credit guidelines and departmental procedures
- Perform completeness check to ensure system matches executed documents; ensure knowledge of the Commercial lending products and services, including an understanding of a Credit Agreement, loan funding mechanics, deal structure, funds flow, etc.
- Process loan portfolio seamlessly and accurately and anticipates business needs.
- Critical thinking & root cause analysis skills
- Applicant should also possess & display teamwork skills in working to support the team as well as assisting colleagues in other areas
Experience:
- Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred, yet a High School diploma or GED is required .
- In lieu of degree, a combination of coursework and experience
- 1 -2 years of experience in Commercial Loan Operations
- Working knowledge of Microsoft Office product suite and certifications as applicable to the position.
- Comfortable working in a fast passed environment.
The estimated salary range for this position is $24.00 to $28.00 USD an hour. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
