Specialty Loan Servicing Specialist II

5 days ago


Billings, Montana, United States First Interstate Bancsystem Inc Full time
About the Role

We are seeking a highly skilled and experienced Specialty Loan Servicing Specialist to join our team at First Interstate Bancsystem Inc. This role is responsible for the setup, funding, maintenance, research, and settlement of complex loan products, including participated bought and sold accounts, syndications, swaps, serviced by others, letters of credit, SBA, and NOAH.

Key Responsibilities
  • Perform file maintenance to Specialty loan products, ensuring accuracy and completeness.
  • Board and book Specialty closed loans to the Loan Servicing System, including compliance and collateral information.
  • Review loan closing packages and validate for completeness, ensuring timely and accurate settlement and reconcilement resolution.
  • Coordinate with internal departments and units to facilitate the boarding or file maintenance process.
  • Perform booking and file maintenance activities in a timely and accurate manner, meeting established service level agreements.
Requirements
  • High school diploma or General Education Degree (GED) required; Bachelor's degree (BA/BS) from a four-year College or University preferred.
  • Three or more years' experience in a financial institution with a focus on lending, specifically boarding or servicing experience, including Consumer and Commercial credits.
  • Knowledge of loan documents and requirements, commercial lending, and internal banking systems.
What We Offer

We offer a competitive total compensation package, including base salary and benefits. The anticipated pay range for this position is $21.97 to $31.38 per hour in WA, depending on a variety of non-discriminatory factors. Benefits include medical, dental, vision, short-term and long-term disability benefits, life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at.069 per hours worked), and up to 11 paid Federal holidays.



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