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 release 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.