Commercial Loan Servicing Representative

Commerce Bancshares
Kansas City
Workplace: HybridFull timeUSD 19 - 27.65 hourlyFunction: Banking, Lending & CreditExperience: 1+ yearsEducation: associatesSkills: ["Attention to detail","Organizational skills","Communication","Adaptability","Teamwork"]

Provide back-office operations support for commercial and specialty lending products by reviewing loan submissions for regulatory and legal compliance, preparing loan documents, and accurately interpreting complex loan terms. Serve as an intermediary for account problem resolution, posting loan transactions, and conducting ongoing collateral monitoring and reporting. Complete post-closing reviews, research customer issues, and collaborate with internal and external partners to improve service levels.

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Commerce Bancshares
Commerce Bancshares
2 days ago

Commercial Loan Servicing Representative

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Source: Company careers pageValidated by: Fursa AI
Last checked: 11 hours agoStatus: Live

Job Summary

Provide back-office operations support for commercial and specialty lending products by reviewing loan submissions for regulatory and legal compliance, preparing loan documents, and accurately interpreting complex loan terms. Serve as an intermediary for account problem resolution, posting loan transactions, and conducting ongoing collateral monitoring and reporting. Complete post-closing reviews, research customer issues, and collaborate with internal and external partners to improve service levels.
Location: Kansas City
Workplace: Hybrid
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Entry level

Key Responsibilities

  • •Perform a preliminary review of loan submissions to ensure regulatory and legal compliance.
  • •Prepare loan documents according to the bank’s credit policy and set up loans on the loan accounting system.
  • •Post loan transactions and resolve account problems.
  • •Monitor and report collateral securing commercial loans and complete post-closing reviews for compliance.
  • •Research and resolve customer concerns and collaborate with internal/external partners to improve service levels.

Pay and Benefits

Salary: USD 19 - 27.65 hourly
Perks:Health InsuranceDentalVision401kLife InsurancePaid Leave

Key Requirements

  • •Associate degree or an equivalent combination of education and experience.
  • •1+ years of customer services experience.
  • •Ability to analyze and interpret commercial loan and/or legal documentation with high accuracy.
  • •Strong attention to detail and ability to manage multiple priorities.
  • •Intermediate proficiency with Microsoft Word, Excel, Teams, and Outlook.
Experience:1+ yearsCommercial lendingCustomer services
Education:Associate's
Skills:Attention to detailOrganizational skillsCommunicationAdaptabilityTeamwork
Tech Stack:Microsoft WordMicrosoft ExcelMicrosoft TeamsMicrosoft Outlook

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Commerce Bancshares
Provides commercial, retail, wealth management, and payment services through its regional banking operations. Commerce Bancshares serves individuals, businesses, and institutions across the Midwest with deposit accounts, lending, treasury, and card solutions.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Kansas City, United States
Founded: 1865
WebsiteLinkedIn