Commercial Loan ServicerCalculated Hire • Chicago, IL, United States
Commercial Loan Servicer
Calculated Hire • Chicago, IL, United States
[job_card.variable_hours_ago]
[job_preview.job_type]
- [job_card.temporary]
[job_card.job_description]Review and negotiate complex loan servicing transactions, evaluate risks, and devise strategies to mitigate risks and identify 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 Evaluate and upload data into the systems of record Research complex business and operational decisions Ensure compliance with all policies, procedures, and regulatory requirements 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
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
procedural modifications
maintenance; interact with internal and external customers
Required Skills :
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