Sr. Loan Servicing Specialist

GENERAL SUMMARY

Under the supervision of the Assistant Loan Servicing Manager within the boarding team and following established policies and procedures, perform all post-closing duties relating to the servicing of the Bank s commercial loan portfolio according to separation of duties established by the Department Head including but not limited to the following functional duties:

ESSENTIAL FUNCTIONS

Prepare participation/syndication settlement/advice. Process and approve participation/syndication transactions. Coordinate syndicated and participated activity, including booking new loans and daily transactions with borrowers, internal partners, and other banks, as assigned. Book new loans, modifications, renewals, and extensions. Perform callback and review of new loans, renewals, extensions and modifications processed by staff, and input of index values entered into IBS. Review of the new Note Variable plan for verification of accurate input into IBS. Instruct staff on corrections that need to be made to the notes in the loan system. Perform loan maintenance activities. On a daily basis, obtain index values and prepare the worksheet used to update index in loan systems. Review various reports to accurately service the loan and account maintenance activity. Process transactions for accounts assigned to the Special Assets Department. Research and clear outstanding items in general ledger. Process fee reversals in

IBS. QUALIFICATIONS

Education:

High school diploma or equivalent; some college courses a plus.

Experience:

Minimum of 4 years of commercial loan servicing experience required.

Skills/Ability:

PC literate, proficiency with MS Office, knowledge of IBS loan system a plus, ability to work in a fast-paced environment while maintaining a high level of accuracy, strong problem-solving and organizational skills, bilingual (English, Mandarin or Cantonese) is a plus.

OTHER DETAILS

$28.85 - $36.06 / hourPay determined based on job-related knowledge, skills, experience, and location.

This position may be eligible for a discretionary bonus.