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Apple Bank · 2 months ago

Loan Servicer II - C & I, AT

New York, NY

Full-time

Hybrid

Mid Level

$75K/yr - $95K/yr

4+ years exp

Apple Bank is seeking a Loan Servicer II for their Commercial & Industrial portfolio. The role involves managing loan servicing tasks, ensuring accuracy in loan data, and providing necessary information to regulators and senior management while adhering to internal policies.

Financial ServicesFinTech

No H1B

Responsibilities

Manage daily processing activities for the C & I loan portfolio, ensuring all deadlines are consistently met with efficiency

Audit new loans to verify data entry in the McCracken loan servicing system aligns with official documentation

Review rate change reports to confirm receipt of interest rate resets from loan agents

Monitor loan commitments to ensure the database accurately reflects current borrowings and available funds

Examine system interest adjustments to validate accuracy of loan-level interest receivables

Observe key general ledger clearing accounts daily

Prepare management reports, including commitments, loan activity, delinquency, and yield metrics for the receivable portfolio

Track delinquencies each day and promptly report overdue loans to management

Provide requested information to internal and external regulators and auditors

Develop and revise procedures for new and existing tasks as necessary

Test upgrades to the McCracken system and run diagnostic reports to identify potential data anomalies

Communicate with loan agents to collect interest rate, payment, and delinquency details

Perform additional duties as assigned

Qualification

C&I loan servicing experienceMcCracken loan servicing systemAdvanced analytical capabilitiesMicrosoft ExcelVerbal communication skillsWritten communication skillsInterpersonal abilitiesOrganizational skillsAttention to detail

Required

Bachelor's degree is required

4 + years of experience servicing Commercial & Industrial (C&I) loans

Demonstrated expertise in a range of commercial and industrial loan products, such as sovereign guaranteed loans, revolving credit facilities, pre-export financing (PDP) facilities, term loans, loan participations, and receivables financing

Advanced analytical capabilities are essential

Exceptional verbal and written communication skills, as well as strong interpersonal abilities

Proven expertise in Microsoft Excel and MS Office Suite Products

Must demonstrate initiative in following up with clients regarding complaints, inquiries, or requests

Meticulous attention to detail coupled with robust organizational skills

Preferred

Experience with McCracken and IBS loan servicing systems is advantageous

Company

Apple Bank

As the largest state-chartered savings bank in New York, with over $17.5B in assets, Apple Bank offers a full range of retail banking services to individuals and businesses across the five boroughs of New York City, Long Island, Westchester and Rockland counties, and New Jersey.

Founded in 1863

New York, New York, USA

1001-5000 employees