Loan Servicing Coordinator II jobs in United States
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Northwest Bank · 6 hours ago

Loan Servicing Coordinator II

Northwest Bank is seeking a Loan Servicing Coordinator II to manage the daily life of loan servicing for small business and commercial loans. The role involves completing loan set-ups, processing transactions, maintaining customer service, and ensuring compliance with regulations.

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H1B Sponsor Likelynote

Responsibilities

Complete new loan set-up, funding, and post-closing review
Post loan transactions for all product types
Perform loan maintenance in the core system as needed or directed
Complete work to meet the established service level agreements and benchmarks
Prepare and process payoff quotes and payoff transactions
Respond to customer inquiries with exemplary customer service in the established service agreement
Process loan modifications
Review and quality check ARM Rate Notice Report; adjustments to be made when necessary and correspondence sent to borrower
Monitor and reconcile reports as they apply to Small Business and Commercial Loans and perform follow up as necessary with internal and external business partners
Perform all post-closing servicing functions and tracking for Small Business Administration (SBA) guaranteed loans
Ensure total document and data integrity attributes to comply with CECL data points
Train new hires to ensure consistency and standardization in servicing small business and commercial loans
Responsible for reconciliation of General Ledger accounts and daily balancing
Monitor collateral records
Ensure accurate lien position, including recording and releasing collateral within the established timeframe, escalating concerns to management
Prepare applicable release documents as needed
Establish and maintain loan collateral records in the core system
Process loan Line of Credit Renewals
Process the paid commercial loan report
Responsible for daily balancing and assisting with the reconciliation of General Ledger accounts
Process all UCC continuations
Provide support for testing new products and services
Manage and distribute all servicing workflows and services
Gather Audit data requested by management
Validate year end reporting
Provide back-up support to Collateral and Origination areas
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment

Qualification

Commercial Loan ExperienceSmall Business Loan KnowledgeLoan Documentation KnowledgeCustomer Service ExperienceLoan Servicing Support SystemsTime ManagementOrganizational SkillsCommunication SkillsLeadership Abilities

Required

High School Diploma
Associate's Degree Related field
3 - 5 years Customer Service experience
Knowledge of commercial and small business loan products, credit policy, compliance and interpretation of legal and regulatory issues
Knowledge of loan documentation including the ability to read, interpret and make judgements from the documentation
Knowledge of appropriate loan servicing support systems
Ability to work on multiple tasks without compromising quality
Ability to look for ways to help customers without introducing risk to the bank properly
Efficient communication, time management and organizational skills
Excellent written and verbal communication skills, including an ability to collaborate on solutions and provide feedback
Ability to assume leadership responsibilities

Preferred

5 - 6 years Commercial or Small Business Loan experience preferred
High School Diploma or equivalent preferred

Benefits

Additional bonus earning opportunities
Benefits

Company

Northwest Bank

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Northwest Bank is a financial firm that offers banking, lending, payments, and wealth management solutions.

H1B Sponsorship

Northwest Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (7)
2023 (3)
2022 (1)
2021 (5)
2020 (3)

Funding

Current Stage
Late Stage

Leadership Team

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Louis Torchio
President & Chief Executive Officer
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Ronald J. Seiffert
President & CEO
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Company data provided by crunchbase