Stride Bank, N.A.
The Loan Operations Specialist II is responsible for all post-closing loan servicing functions executed and overseen by the department. Supports commercial loan production teams through courteous, timely, and accurate servicing of the commercial loan portfolio.
Principle Duties And Responsibilities
Works directly with the loan production officers and assistants to aid in servicing of the commercial loan portfolio. Identifies, tracks, and communicates loan exceptions, as needed. Loads loan to the core system once signed. Perfects collateral. Accepts and posts loan payments. Provides payoffs and releases collateral on paid off loans within the regulatory timeline. Maintains escrow payments and annual analysis. Responds to and assists customers with questions on their existing loans. Performs other duties as assigned. Qualifications
Education and/or Experience Bachelor's degree in Business Administration, Finance, or related field, or minimum 5 years’ equivalent work experience, required. 3-5 years’ experience in financial institution producing commercial, agriculture, consumer, and mortgage lending, required. Knowledge, Skills, And Abilities
Extensive administrative or professional experience in a relevant field that provides the background and experience necessary to guide the Bank’s commercial lending portfolio servicing activities in a financially safe and sound manner. Thorough knowledge of commercial, agriculture, mortgage, and consumer lending practices. Thorough understanding of loan documentation criteria and business objectives. Ability to read, comprehend, and evaluate detailed and complex loan documents. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries
Banking
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Works directly with the loan production officers and assistants to aid in servicing of the commercial loan portfolio. Identifies, tracks, and communicates loan exceptions, as needed. Loads loan to the core system once signed. Perfects collateral. Accepts and posts loan payments. Provides payoffs and releases collateral on paid off loans within the regulatory timeline. Maintains escrow payments and annual analysis. Responds to and assists customers with questions on their existing loans. Performs other duties as assigned. Qualifications
Education and/or Experience Bachelor's degree in Business Administration, Finance, or related field, or minimum 5 years’ equivalent work experience, required. 3-5 years’ experience in financial institution producing commercial, agriculture, consumer, and mortgage lending, required. Knowledge, Skills, And Abilities
Extensive administrative or professional experience in a relevant field that provides the background and experience necessary to guide the Bank’s commercial lending portfolio servicing activities in a financially safe and sound manner. Thorough knowledge of commercial, agriculture, mortgage, and consumer lending practices. Thorough understanding of loan documentation criteria and business objectives. Ability to read, comprehend, and evaluate detailed and complex loan documents. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries
Banking
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