Commercial Loan Operations Specialist
Description:
These duties include, but are not limited to, payment and advance processing on bank owned, purchased and sold loans & processing SBA and Swap loan transactions. The CLO Specialist I will book commercial loans onto the core system and perform system maintenance as needed.
Primary Functions and/or Responsibilities
• Review and analyze loan variables to ensure proper payment and advance application on all commercial loans. This includes SBA, Participations Purchased and Sold, Syndicated and Swap Loans
• Uphold the Swap loan process from loan booking, payment processing, billing reviews, and fee payments
• Understand the correlation and process of all coding entered into the core system for each type of commercial loan
• Input all information needed into the core system for Attorney prepared, Participation purchased, and Syndicated loans
• Review the balancing of internal accounts used by the department, including researching and clearing of outstanding items
• Analyze multiple variables in order to process a variety of loan maintenance requests
• Prepare and Submit SBA 1502 report
• Provide back up to the Commercial Loan Operations Representative
Company benefits:
Benefits package
Training, certifications, or degree needed to qualify for the position:
• Associates degree in business or related field is preferred
• 2+ years previous loan operations experience
• Or a combination of education and work experience
Specific skills that your business recognizes as fundamental to employment (life skills):
• Microsoft Office Suite (Excel, Word, PowerPoint, Outlook)
• Excellent communication skills (written and/or oral)
• Strong customer service skills
• Ability to multi-task
• Strong organizational and planning skills
• 10-Key by touch
• Analytical and problem solving skills
Linn-Mar Career Path Curriculum Marion Independent Career Path Curriculum