This job is closed
Applications are no longer available for this announcement. Explore current related opportunities below.
Job description
Commercial Loan Servicing Team Lead
The Commercial Loan Servicing Team Lead is an expert resource for team members and leads the specialty lending programs. The Lead provides loan servicing and system operations support for various commercial loan products.
Duties & Responsibilities
Serve as a Subject Matter Expert and resource for team members, Bankers and Loan Coordinators; demonstrate advanced knowledge of products, regulatory requirements and solutions.
Lead specialty lending programs and SBA 1502 reporting and maintenance, Swaps, Participations, and Syndications.
Book assigned loans on to the core system in accordance with executed loan documents.
Document, monitor, and resolve post-closing tasks/covenants defined in the loan documentation and communicate any additional actions necessary to servicing & support team.
Process system maintenance.
Monitor reports for syndications, SWAP loans, unused fees and letters of credit and ensure any exceptions are addressed in a timely manner.
Test SOPs for updates and compliance with policies, procedures, and regulations
Education & Experience
Knowledge of:
Strong oral and written communication skills
Commercial loan operations and report writing
Commercial loan Bank regulations and compliance issues
Ability to:
Demonstrate organizational and time management skills
Prioritize projects; multi-task and meet deadlines
Prepare comprehensive reports
Identify, problem solve and exercise exceptional use of good judgement with respect to issues/circumstances as they arise
Work independently
Research information and analyze data
Education and Training:
Minimum of 5 to 7 years ' experience in Commercial loan operations specializing in loan servicing
Requires knowledge of Microsoft Office
Compensation and Benefits
Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.
(Base Pay Range: $28.50 - $38.00/hr)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.
Equal Opportunity
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.