Commercial Loan Analyst
Selene Finance LP, Dallas, TX, United States
Position Summary: The Business Purpose/Commercial Loan Analyst is responsible for updating field data in the servicing system for the following managed processes: Default Rates, Partial Payoff Requests, Special Loans Business Purpose/Commercial loan boarding reviews, investor/client inquiries or requests and any other updates required for Business Purpose/Commercial special loans products, including but not limited to loans. The analyst also responds to inquiries from internal employees or departments regarding system changes or adjustments for Business Purpose/Commercial loans. This position is a hybrid schedule.
Essential Duties and Responsibilities
Processing all Default Rate system maintenance, including preparation of customer communication.
Producing partial payoff quotes, including manual calculation of Prepayment Premiums or Yield Rate Premium.
Performing loan audits (Doc to Data) on Business Purpose/Commercial loans, using collateral documents, Note, Loan Agreement and Riders; resolving exceptions and processing system updates or corrections against the documentation.
Processing all Recast requests for Business Purpose/Commercial loans.
Processing all loan maintenance requests for Business Purpose/Commercial loans, for internal and external clients.
Processing all maintenance and manual billing for the aggregated loan population.
Performing research and making accurate and timely system changes in response to requests from investors or employees from other departments.
Researching and responding to guarantor and client escalations; daily monitoring of exception reports.
Driving process improvements.
Assisting with special projects.
Updating policies and procedures as needed.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Qualifications
Experience with Business Purpose/Commercial loan products.
MSP experience.
Excellent attention to detail.
Ability to multi-task and consistently meet multiple deadlines.
Strong verbal and written communication skills.
Ability to work in a team environment.
Strong customer-service orientation.
Ability to use good judgment.
Benefits
Paid Time Off (PTO)
Medical, Dental & Vision insurance
Employee Assistance Program
Flexible Spending Account
Health Savings Account
Paid Holidays
Company paid Life Insurance
Matching 401(k) Plan
The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job‑related instructions and to perform any other job‑related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.
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Essential Duties and Responsibilities
Processing all Default Rate system maintenance, including preparation of customer communication.
Producing partial payoff quotes, including manual calculation of Prepayment Premiums or Yield Rate Premium.
Performing loan audits (Doc to Data) on Business Purpose/Commercial loans, using collateral documents, Note, Loan Agreement and Riders; resolving exceptions and processing system updates or corrections against the documentation.
Processing all Recast requests for Business Purpose/Commercial loans.
Processing all loan maintenance requests for Business Purpose/Commercial loans, for internal and external clients.
Processing all maintenance and manual billing for the aggregated loan population.
Performing research and making accurate and timely system changes in response to requests from investors or employees from other departments.
Researching and responding to guarantor and client escalations; daily monitoring of exception reports.
Driving process improvements.
Assisting with special projects.
Updating policies and procedures as needed.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Qualifications
Experience with Business Purpose/Commercial loan products.
MSP experience.
Excellent attention to detail.
Ability to multi-task and consistently meet multiple deadlines.
Strong verbal and written communication skills.
Ability to work in a team environment.
Strong customer-service orientation.
Ability to use good judgment.
Benefits
Paid Time Off (PTO)
Medical, Dental & Vision insurance
Employee Assistance Program
Flexible Spending Account
Health Savings Account
Paid Holidays
Company paid Life Insurance
Matching 401(k) Plan
The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job‑related instructions and to perform any other job‑related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.
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