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Commerce Bank · 6 hours ago

Commercial Loan Servicing Specialist (Document Prep)

Kansas City, MO

Full-time

Hybrid

Entry Level

$21.40/hr - $24.50/hr

1+ years exp

Commerce Bank is committed to helping people find financial safety and success while fostering a culture focused on its employees and communities. The Commercial Loan Servicing Specialist will provide back-office operations support for commercial, business banking, and specialty lending products, ensuring compliance and assisting with loan document preparation and accounting.

BankingFinanceFinancial Services

Responsibilities

Complete a preliminary review of loan submissions to ensure regulatory and legal compliance

Prepare loan documents in accordance with Commerce Bank’s credit policy

Interpret complex loan documents to set loans up on the loan accounting system

Post loan transactions and providing account problem resolution

Process complex loan accounting transactions such as syndications and participations

Provide ongoing monitoring and reporting of collateral securing commercial loans

Complete a post-closing review to ensure all documents comply with regulatory requirements and Commerce Bank policy

Collaborate with internal and external business partners to improve service levels

Create or update procedural manuals and job aids as needed

Provide research and resolution to customer concerns/issues

Performing other duties as assigned

Qualification

Commercial loan documentationLoan accounting systemsFederal banking regulationsMicrosoft Office proficiencyAttention to detailTeam playerCommunication skillsAdaptability

Required

Ability to analyze, interpret, and understand commercial loan and/or legal documentation with a high degree of accuracy

Basic knowledge of commercial loan servicing databases and systems, including but not limited to Shaw, ELAR, Credit Stream, LaserPro, CAC, and Appian

Basic knowledge of federal banking regulations, especially those related to commercial lending

Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills

Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook

Associate degree or equivalent combination of education and experience required

1+ years financial services experience required