Busey · 2 weeks ago
Life Equity Loan Support Specialist
Oakbrook Terrace, IL
Full-time
Onsite
Entry, Mid Level
$25/hr - $28/hr
2+ years expBusey is a financial institution that is seeking a Life Equity Loan Support Specialist. This role involves providing customer service support during loan origination and post-closing, assisting the Life Equity Loan team with documentation, and ensuring effective communication with customers and insurance carriers.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Assist the Life Equity Loan team through the application and documentation process: send, receive, review, and upload loan documentation
Monitor annual reviews and request values from insurance carriers to submit to Post Closing Review
Answer inbound calls on the LEL main phone line, resolving customer inquiries
Monitor LEL team inbox and provide timely and effective responses to customer needs
Submit assignments to the insurance carrier and monitor receipt
Assist in sorting daily mail for the Life Equity Loan team
Send and receive standing ACH and wire forms
Work with Life Equity Loan team to ensure the proper hold is placed on the collateral
Perform additional LEL support duties as need arises
Qualification
Required
Strong oral and written communication skills
Maintain visual attention and mental concentration for extended periods of time
Perform duties and make decisions under frequent time pressures
Take initiative, be creative, flexible, and can adapt to a changing environment
Take independent action for timely resolution to issues as they arise
Requires Associate's degree or equivalent experience in related field
Requires 2 or more years of banking experience
Requires knowledge of Microsoft Office
Preferred
Bachelor's Degree
Benefits
401(k) match
Profit sharing
Employee stock purchase plan
Paid time off
Medical
Dental
Vision
Company-paid life insurance
Long-term disability
Supplemental voluntary life insurance
Short-term and long-term disability
Wellness incentives
Employee assistance program
Pre-tax health savings accounts
Flexible spending accounts
Company
Busey
Busey is a financial company that offers wealth management, banking, brokerage, and mortgage services.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$200M2025-05-14Post Ipo Equity· $200M
2001-06-14IPO
Leadership Team
Christopher Chan
Chief Financial Officer
Recent News
First Busey Corporation
2025-10-29
2025-09-29
2025-09-05
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