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The Ash Group

Loan Servicing Specialist

The Ash Group, Denver, Colorado, United States,


Our Exciting client in the

Banking

Industry

is actively searching for a

Loan Servicing Specialist: III (Senior) . Please take a look at the notes below!Duration : 6-month contract - likely to extend.Location : Greenwood Village, CO. Monday through Friday 8am-4:30pm. First two weeks of training may be 100% onsite, contractors will be 99% remote following training.The ideal applicant would have previous Operations experience, specifically working with cash management products (e.g., applying payments, understanding interest rates, and variable and revolving loans).Required Skills:Proficient in Outlook, Excel, and Adobe (bonus if they have FIS platform experience).Job Summary:Responsible for the servicing and administration of a portfolio of complex syndicated, bilateral, and wholesale loans where the Bank may be the Administrative Agent, a syndicate lender, or a direct lender. Identifies, analyzes, and resolves issues, answers questions, and proactively identifies loan administration challenges and risks to support quality control. Works collaboratively with teammates and stakeholders to facilitate continuous process improvement by leveraging operational excellence principles.Essential Duties and Responsibilities:Performs all loan servicing and administration activities in expected timeframes and according to documented policies and procedures.Processes payment application, funds disbursement, and rate setting transactions in ACBS, and notifies syndicate members and sold participations of transactions.Books new borrowers, credit facilities, loans, letters of credit, and fees in loan administration systems.Completes ongoing customer, credit facility, and loan level maintenance.Reviews, documents, and resolves items appearing on reconciliations and control reports.Supports non-processing tasks, initiatives, and projects.Reads and interprets credit agreements as they relate to loan servicing and administration.Serves as Mission Critical Personnel for business continuity and reduced staffing scenarios.

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