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Banner Bank

Commercial Loan Servicing Specialist (Remote - CA, OR, WA, ID)

Banner Bank, Spokane, Washington, United States, 99254


More than 130 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. Our financial strength and stability are key reasons Forbes names us one of the Best 100 Banks in America the past eight consecutive years and Newsweek names Banner one of the Most Trustworthy Companies the past four years. With more than $15 billion in assets and over 150 locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations. As a Commercial Loan Servicing Specialist, you will perform multiple functions related to commercial loan servicing for non-complex loans. Maintain proper loan records, perform GL balancing, and ensure servicing requests are processed accurately, in accordance to internal guidelines, and within established service level standards. What you'll do Prepare collateral releases for commercial and commercial real estate loan portfolio. Monitor and process paid loan reports in accordance to established controls prior to releasing liens or collateral instruments. Provide support to business lines by researching and resolving loan related issues or customer submitted requests. Responsible for communicating with business lines regarding post-booking loan system matters, imaging, payoff requests, reconveyances, or loan maintenance inquiry related issues. Responsible for processing GL certifications/balancing and invoice payments. Monitor loan related GL accounts, including auto balance journal, loan transfers, non-post entries, and miscellaneous loan expenses. Reconcile all Loan Operations GL accounts and Subsidiary Ledgers in accordance to established corporate reconciliation policies and standards. Research any outstanding items in all Loan Operations GL accounts to ensure clearing or escalation of items within defined "normal" clearing time frames. Prepare GL Journal entries as necessary to clear reconciling items. Responsible for processing commercial and commercial real estate loan payoff quotes. Interact with title and escrow companies in facilitating timely loan closings. Monitor and maintain the loan collateral tickler system for pending commercial and commercial real estate loan collateral perfection items. Responsible for processing UCC Reports to ensure lien filings are continued, amended, or terminated (as required) in a timely manner to ensure the Bank's lien position is maintained during the life of the loan. Monitor, review, and submit CoreLogic Tax Reports to business lines for further processing. Monitor and process the Bank's established requirements for insurance. Perform reviews on flood and hazard insurance certificates and policies prior to closing and upcoming expirations to ensure accurate coverage that complies with internal bank policy, as well as state and federal regulatory requirements. Responsible for complying with policies, procedures, security requirements, and government regulations. Education & Experience H.S. Diploma: General Education (Required) 0 to 2 years of experience in commercial loan documents, experience in commercial real estate loan documents preferred. (Required) Knowledge, Skills & Abilities Possess a working knowledge of the administration, scanning, and indexing of collateral documents into the OnBase imaging system. Thorough knowledge service level agreements and the proper loan documents required for imaging. Possess good organizational skills, and the ability to multi-task with strong attention to detail. Possess excellent written and verbal skills with the ability to communicate professionally and effectively. Ability to work in a