Associate, Loan Servicing

44 minutes ago
Full-time
Entry Level
Operations
Forbright Bank

Forbright Bank

Forbright Bank is a full-service bank committed to sustainability and clean energy, offering a wide range of banking and lending services with a focus on decarbonization.

Banks
251-1K
Founded 2003

Description

  • Record new loans and customers in the loan servicing system (WSO) for C&I loans, commercial and residential real estate, participations, and asset-based revolvers.
  • Process loan originations, participations, syndications, and agent activities for re-syndicated loans.
  • Provide complete loan administrative and servicing support for a portfolio of commercial and healthcare ABL loans.
  • Process principal and interest payments, unused line fees, and L/C fees in WSO.
  • Generate and send loan transaction notices to customers.
  • Respond to servicing-related questions from internal and external customers.
  • Assist with implementation of systems, development, and documentation procedures for the Loan Servicing department.
  • Perform other assigned duties as needed.

Requirements

  • Associate’s degree required; bachelor’s degree preferred.
  • Minimum 2 years of experience with commercial loan or financial transaction processing.
  • High proficiency and comfort with technology-based systems and applications.
  • Strong organization, efficiency, attention to detail, teamwork, and time management skills.
  • Superior client service skills.
  • Ability to adjust quickly to changing priorities.
  • Proven ability to meet deadlines while producing thorough and error-free documentation.
  • Outstanding verbal and written communication skills.
  • Ability to work with all levels of staff.

Benefits

  • Comprehensive health, dental, and vision insurance.
  • 4 weeks of PTO.
  • 401(k) with company match.
  • Metro SmartTrip benefits of $50 per month.
  • Remote or hybrid work schedules for most positions, including 4 days per week in-office.
  • Incentives for purchasing solar panels, electric vehicles, biking to work, and similar programs.
  • Paid subscriptions and reimbursements for select services and products.
  • Compensation range of $60,000 to $67,000, depending on qualifications and experience.

Interested in this position?

Apply directly on the company website

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