Commercial Loan Servicing Specialist

2 weeks ago


Spokane, Washington, United States Washington Trust Bank Full time
Job Summary

We are seeking a highly skilled Commercial Loan Servicing Specialist to join our team at Washington Trust Bank. As a key member of our commercial lending team, you will be responsible for preparing loan documents, auditing and reviewing loan packages, and ensuring compliance with regulatory and policy issues.

Key Responsibilities
  • Audit and review loan documents for commercial loan products to ensure compliance with regulatory and policy issues.
  • Handle routine loan package requests from bank lenders and determine required documentation for specific loan types and conditions.
  • Order and verify supporting documentation, review documents for accuracy and completeness, and manipulate systems to create effective loan packages.
  • Prepare appropriate documentation for collateral to be pledged, ensuring accuracy and completeness for perfection and government regulations.
  • Collaborate with internal and external customers to ensure a successful customer experience.
Requirements
  • 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, preferably as a Commercial Documentation specialist or similar role.
  • Strong knowledge of lending laws, regulations, and business loan documentation, including flood regulation.
  • Demonstrated accuracy in working with detailed data in a deadline-oriented environment.
  • Ability to quickly adapt to and utilize systems and applications.
  • Strong telephone and interpersonal communication skills.
What We Offer

Washington Trust Bank is committed to providing a comprehensive benefits package to support the overall wellness and success of our employees. Our benefits include health, financial, retirement, and work-life benefits. We are proud to be an equal opportunity employer and celebrate diversity in the workplace.



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