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Loan Officer
Medford, MA

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Citizens Bank, N.A.

Sr Commercial Agency Services Specialist

Job Description

Description Senior Commercial Agency Services Specialist is responsible for administering complex commercial loan transactions, including syndicated and commercial real estate (CRE) facilities. This role ensures accurate and timely loan servicing, supports construction lending activities, and maintains compliance with credit agreements and regulatory requirements. The candidate should have deep experience processing transactions within LoanIQ. The candidate should also have knowledge of finance related to loan and GL transactions along with experience in performing daily reconciliations. This position calls for direct client interaction (borrowers and lenders) and internal stakeholders. Therefore, the candidate must possess excellent communication skills and a sense of urgency in completing initiatives and requests that are critical to the health of the business. Key Responsibilities Commercial Real Estate & Construction Oversight Manage construction draw processes, including review of budgets, inspection reports, and disbursement requests Validate funding requests against loan terms and project milestones Track project progress, ensuring timely and compliant disbursements Support administration of interest reserves, capital expenditure and escrow accounts Loan Servicing & Agency Administration Maintain and service a portion of the bank's loan portfolio where we serve as the Administrative Agent for syndicated deals. Process loan transactions, including fundings, paydowns, rollovers, and payoff calculations Coordinate and distribute required notices to participants and stakeholders Ensure adherence to credit agreements, regulatory requirements, and internal policies Education Bachelor's degree in Finance, Business Administration, Accounting, or related field (or equivalent experience) Experience 5-10+ years of experience in: Commercial loan servicing or agency services Syndicated lending or CRE loan administration Construction Loan Servicing (strongly preferred) Knowledge, Skills & Abilities Strong understanding of: Commercial loan structures and credit agreements Syndicated loan servicing and agency responsibilities Commercial real estate and construction lending practices Prior experience in an agent bank or lead administrative role Experience with loan servicing systems (e.g., Loan IQ strongly preferred) High attention to detail with strong analytical and problem-solving skills Excellent written and verbal communication skills Proven ability to collaborate across teams and influence outcomes Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance. Equal Employment Opportunity Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.