Commercial Loan Servicer (Irving)
Calculated Hire, Irving, TX, United States
Commercial Loan Servicing Representative
Hybrid -
Irving, TX Contract -
12-month Contract to Hire Pay Range:
$35-40/hr
Calculated Hire is in search of a
Commercial Loan Servicing Representative II
for our Fortune 100 Financial Services Company. You will be responsible for the following:
Job Description: You will be supporting day-to-day operations and activities related to servicing commercial ABL loan transactions according to bank policies, procedures, and regulatory requirements. This can include customer/client modifications, account maintenance, rebooking, and purchased receivables management to ensure accuracy through life of transaction.
Responsibilities: • Lead a variety of servicing activities for complex commercial products • Serve as primary liaison and work collaboratively with Sales, Legal, Control and Risk, Technology, and various Operations and company teams as necessary to progress customer-focused needs • Review and negotiate complex loan servicing transactions, evaluate risks, and devise strategies to mitigate risks and identify procedural modifications • Serve as an escalation point in the resolution of client issues • Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes • Coordinate servicing activities to resolve open customer issues, loan and regulatory diligence and on-going portfolio maintenance; interact with internal and external customers • Evaluate and upload data into the systems of record • Research complex business and operational decisions • Ensure compliance with all policies, procedures, and regulatory requirements
Required Skills: • Strong experience with Commercial loan servicing • Familiarity with (ABL) asset-based lending - (look for understanding of tranches, settlements, swinglines, payoffs, restructures, payments, advances, and accruals) • Familiarity with loan servicing software and MS Office tools (MS Excel). • Experience reviewing financial data, reconciling accounts, and calculating charges. • Ability to Review financial data, reconciling accounts, and calculating charges
Irving, TX Contract -
12-month Contract to Hire Pay Range:
$35-40/hr
Calculated Hire is in search of a
Commercial Loan Servicing Representative II
for our Fortune 100 Financial Services Company. You will be responsible for the following:
Job Description: You will be supporting day-to-day operations and activities related to servicing commercial ABL loan transactions according to bank policies, procedures, and regulatory requirements. This can include customer/client modifications, account maintenance, rebooking, and purchased receivables management to ensure accuracy through life of transaction.
Responsibilities: • Lead a variety of servicing activities for complex commercial products • Serve as primary liaison and work collaboratively with Sales, Legal, Control and Risk, Technology, and various Operations and company teams as necessary to progress customer-focused needs • Review and negotiate complex loan servicing transactions, evaluate risks, and devise strategies to mitigate risks and identify procedural modifications • Serve as an escalation point in the resolution of client issues • Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes • Coordinate servicing activities to resolve open customer issues, loan and regulatory diligence and on-going portfolio maintenance; interact with internal and external customers • Evaluate and upload data into the systems of record • Research complex business and operational decisions • Ensure compliance with all policies, procedures, and regulatory requirements
Required Skills: • Strong experience with Commercial loan servicing • Familiarity with (ABL) asset-based lending - (look for understanding of tranches, settlements, swinglines, payoffs, restructures, payments, advances, and accruals) • Familiarity with loan servicing software and MS Office tools (MS Excel). • Experience reviewing financial data, reconciling accounts, and calculating charges. • Ability to Review financial data, reconciling accounts, and calculating charges