Job Description
Washington Trust Bank is a financial institution seeking a Commercial Loan Servicing Specialist II-III. This role is primarily responsible for the servicing of commercial loans, including preparing loan documentation, loan boarding, collateral perfection, and processing related financial transactions. Responsibilities Handle loan boarding and collateral perfection Audits and reviews loan documents for a variety of commercial loan products to ensure compliance with regulatory and policy issues Responsible for handling loan package requests from bank lenders and determining required documentation for specific loan type and conditions Orders and verifies supporting documentation Reviews documents for accuracy and completeness Manipulates systems and uses knowledge to create effective loan packages Prepares appropriate documentation for collateral to be pledged Ensures accuracy and completeness for perfection and government regulations Effectively communicate with other departments in the Bank, collaborating with internal and external customers to ensure a successful customer experience Skills Proficient knowledge of loan documentation, collateral perfection, and general loan servicing, as well as bank, federal, and state policies and requirements Minimum of 1-3 years of experience working in a loan servicing or administrative environment is required Strong knowledge of lending laws, regulations and business loan documentation Demonstrated accuracy in working with detailed data in a deadline-oriented environment Demonstrated ability to quickly adapt to and utilize systems and applications Strong telephone and interpersonal communication skills Ability to effectively prioritize work projects to meet deadlines Experience with LaserPro, BakerHill NextGen, Jack Henry Silverlake or similar loan servicing, boarding and collateral perfection platforms Knowledge of flood regulation is a plus Benefits Health, Financial, Retirement and Work/Life Benefits Company Overview Washington Trust Bank is an banking, money, advice, financial, wealth, and investment provider. It was founded in 1902, and is headquartered in Spokane, Washington, USA, with a workforce of 1001-5000 employees. Its website is Company H1B Sponsorship Washington Trust Bank has a track record of offering H1B sponsorships, with 1 in 2020. Please note that this does not guarantee sponsorship for this specific role.