Commercial Loan Representative

Contract to Hire: Minneapolis, Minnesota, US

Salary: $28.00 Per Hour

Job Code: 353814

End Date: 2024-10-13

Days Left: 23 days, 7 hours left

Note:
  • The position is Hybrid (3 weekdays from Office, 2 weekdays from Home).
Position Details:
  • Position: Commercial Loan Servicing Representative 2
  • Industry: Banking/Financial Services
  • Job duration: 9 months (Possible Extension)
  • Work Location: Minneapolis, MN 55415 (Hybrid - 3 weekdays from Office, 2 weekdays from Home)
  • Shifts: Monday - Friday (Business Hours)
  • Pay Range: Flexible
  • Interview Process: 1 round - Phone Interview - 30 minutes
Position Scope:
  • Supporting the Collateral Release and intake team within the commercial loan group to assist the team while they go through a system conversion from AFS to Loan IQ.
Responsibilities:
  • Work pre-close documents for moderately complex to complex commercial loans.
  • Coordinate all aspects of loan closings.
  • Perform customer, loan, and regulatory diligence.
  • Accurately evaluate and upload data into the records systems.
  • Ensure compliance with all bank policies, procedures, and regulatory requirements.
  • Review and prepare complex loan documents.
  • Review and negotiate complex legal documentation, evaluate risks, devise strategies to mitigate documentation risk, and identify procedural modifications.
Required Skills:
  • Loan experience with recognizing documents (promissory notes, etc.).
  • Intermediate skills in MS Excel – (VLOOKUP’s are extremely helpful).
  • Skills in project support/reporting/remediation projects.
  • Experience with MS Outlook.
  • 2+ years of loan experience.
Job Requirement
  • Commercial Loan
  • Commercial Loans
  • Commerical Loan Servicing Representative
  • Commercial Loan Documentation Specialist
  • Loan Documents
  • Loan Documentation Specialist
  • Loan Docs
  • MS Excel
  • Vlookups
  • Documentation Specialist
  • Loan Review
  • Loan Coordinator
  • Loan Originator
  • Loan Closer
  • Post Closer
  • Pre Close
  • Documentation
Reach Out to a Recruiter
  • Recruiter
  • Email
  • Phone
  • Indranil Kundu
  • indranil.kundu@collabera.com
Apply Now
Apply Now
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