Loan Servicing Specialist III

3 days ago


Englewood, Colorado, United States CoBank Full time
Job Summary:

We are seeking a highly skilled Loan Servicing Specialist III to join our team at CoBank. In this role, you will be responsible for the servicing and administration of a portfolio of complex syndicated, bilateral, and wholesale loans. As a key member of our team, you will act as the liaison and operational point of contact for borrowers, syndicate lenders, Farm Credit System partners, and internal CoBank departments.

Key Responsibilities:

• Perform all loan servicing and administration activities in expected timeframes and according to documented policies and procedures.
• Process payment applications, funds disbursements, and rate setting transactions in ACBS and notify syndicate members and sold participations of transactions.
• Book new borrowers, credit facilities, loans, letters of credit, and fees in loan administration systems.
• Complete ongoing customer, credit facility, and loan level maintenance.
• Review, document, and resolve items appearing on reconciliations and control reports.
• Support or lead non-processing tasks, initiatives, and projects.
• Read and interpret credit agreements as they relate to loan servicing and administration.
• Cross-train on other department functions to ensure coverage during absences and periods of peak volume.
• Serve as Mission Critical Personnel for business continuity and reduced staffing scenarios.

Requirements:

• 3 years of experience in banking or financial services, preferably in loan servicing or administration.
• High school diploma or GED required.

Work Environment:

This role requires occasional travel and involves sedentary work with the ability to lift up to 10 pounds occasionally. CoBank is a cooperative bank serving vital industries across rural America, and this position is eligible for a discretionary annual incentive program driven by organization and individual performance.

About CoBank:

CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure, and rural communities. We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities.

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