Specialty Loan Servicing Specialist II
First Interstate Bancsystem Inc - spokane, WA
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**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located can be at our Great West Center in Billings, MT and Spokane, WA Downtown branch. What's Important to You We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible. Accrue and use your paid time off (PTO) immediately - no waiting period - plus paid federal holidays in addition to PTO. Child Care Assistance Program for eligible dependent(s). We prioritize wellness by offering eligible employees a monthly stipend, toward a fitness club membership or exercise-related classes. The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it. We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate. SUMMARY The Specialty Loan Servicing Specialist is responsible for the setup/boarding, funding, maintenance, research and settlement of the banks most complex Specialty loan products, including: Participated bought and sold accounts, Syndications, Swaps, Serviced by Others, Letters of Credit, SBA, and NOAH. The Specialty Loan Servicing Specialists will be responsible for meeting completeness, turn time and accuracy requirements per established service level agreements. ESSENTIAL DUITES & RESPONSBILITIES include the following; other duties may be assigned. Performs requested file maintenance to Specialty loan products. Boards/Books Specialty closed loans to the Loan Servicing System, including compliance and collateral information. Reviews loan closing package and validates for completeness. Credits Loans in Transit General Ledger upon loan boarding. Upon validation of completeness of boarding package, boards loan, determines funding requirements and forwards to Loan Specialty Funding queue. Reviews file maintenance request processed and validated for accuracy and completeness. May be required to coordinate with internal departments and units in facilitating the boarding or file maintenance process. Performs booking and file maintenance activities in a timely and accurate manner. Performs job responsibilities in accordance with the completeness, accuracy and turn time standards per established service level agreements. Performs in depth analysis, ensuring timely and accurate settlement and reconcilement resolution. Establishes and maintains relationships with other lending institutions to share customer balances, statements and to reconcile differences Understands and performs interest calculations using various accrual methods. QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EDUCATION and/or EXPERIENCE High school diploma or General Education Degree (GED) required; Bachelor's degree (BA/BS) from a four-year College or University preferred; three or more years' experience in in a financial institution with a focus on lending, specifically boarding or servicing experience including Consumer and Commercial credits, required; or equivalent combination of education and experience. Knowledge of loan documents and requirements and knowledge of commercial lending and loans required. Preferred candidate will have experience in servicing complex loan types and knowledge of internal banking systems. OTHER SKILLS & ABILITIES Good persona
Created: 2024-11-05