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Commercial Loan Servicer
Commercial Loan ServicerCalculated Hire • Irving, TX, US
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Commercial Loan Servicer

Commercial Loan Servicer

Calculated Hire • Irving, TX, US
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Commercial Loan Servicing Representative

Hybrid - Charlotte, NC, Irving, TX, & Chicago, IL

Contract - 12-month Contract to Hire

Pay Range : $35-40 / hr

Calculated Hire is in search of a Commercial Loan Servicing Representative for our Fortune 100 Financial Services Company. You will be responsible for the following :

Job Description :

You will be supporting day-to-day operations and activities related to servicing commercial ABL loan transactions according to bank policies, procedures, and regulatory requirements. This can include customer / client modifications, account maintenance, rebooking, and purchased receivables management to ensure accuracy through life of transaction.

Responsibilities :

  • Lead a variety of servicing activities for complex commercial products
  • Serve as primary liaison and work collaboratively with Sales, Legal, Control and Risk, Technology, and various Operations

and company teams as necessary to progress customer-focused needs

  • Review and negotiate complex loan servicing transactions, evaluate risks, and devise strategies to mitigate risks and identify
  • procedural modifications

  • Serve as an escalation point in the resolution of client issues
  • Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes
  • Coordinate servicing activities to resolve open customer issues, loan and regulatory diligence and on-going portfolio
  • maintenance; interact with internal and external customers

  • Evaluate and upload data into the systems of record
  • Research complex business and operational decisions
  • Ensure compliance with all policies, procedures, and regulatory requirements
  • Required Skills :

  • Strong experience with Commercial loan servicing
  • Familiarity with (ABL) asset-based lending - (look for understanding of tranches, settlements, swinglines, payoffs, restructures, payments, advances, and accruals)
  • Familiarity with loan servicing software and MS Office tools (MS Excel).
  • Experience reviewing financial data, reconciling accounts, and calculating charges.
  • Ability to Review financial data, reconciling accounts, and calculating charges
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