Job Information
Webster Bank Senior Commercial Loan Servicing Associate in Jericho, New York
Job Description
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 first--doing 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!
Summary:
- 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
- Read and understand all commercial loan documents including notes, agreements, and understand how the data is set up on the required loan system.
- 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
In addition to those noted in the summary:
- Handles more complex commercial loan transactions (syndications, etc)
- Monitors delinquencies and evaluates loan issues - resolving as needed.
- Receptive to increasing levels of responsibilities and additional process improvement projects at management's request
- Ensures the timely clearing of cash, Suspense and WIP accounts
- Responsible to reconcile/verify any investor lists (excel templates) are accurate with ACBS.
- Ensures Department policies and procedures are adhered to and data input is accurate.
- Other loan related and miscellaneous tasks (i.e. Break funding, DDA related, Manual entries, manual statements, etc.).
- Strong analytical skills, detail oriented
- Accounting, financial experience preferred
- Ability to effectively multitask in a fast-paced environment
- Time management and strong interpersonal skills
- Ability to challenge the status quo and open to change
- Effective problem-solving skills as well as oral and written communication skills
- Self-Starter with ability to work well independently as well as with a Team
- Ability to set priorities, develop a work schedule, monitor progress toward goals and track activities.
- Working knowledge of Microsoft Office product suite
- Working Knowledge of Commercial Loan Systems - ACBS, preferred
- High School Diploma or Equivalent Required, Advanced education preferred
- 2-4 years of prior experience with the tasks above
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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.
Minimum Salary: 25.00 Maximum Salary: 30.00 Salary Unit: Hourly