Back-Office Commercial Loan Documents Specialist

Commerce Bank; Kansas City (MO); On-site; USD 29,000 - 38,000; Full time

Job summary

Commerce Bank in Kansas City, MO seeks a Commercial Loan Servicing Specialist to support back-office operations for commercial lending and related products. You will review submissions, prepare documents, and post transactions to the loan system.

Ideal candidates have 1+ years in financial services, familiarity with loan servicing, and strong attention to detail. This is a full-time on-site role at 1000 Walnut St, KC, MO 64106.

Qualifications

• Review loan submissions for regulatory compliance.
• Prepare loan documents per credit policy.
• Interpret complex loan documents to set loans up on the accounting system.
• Post loan transactions and resolve account issues.
• Process complex loan accounting transactions such as syndications and participations.
• Provide ongoing monitoring and reporting of collateral securing commercial loans.
• Complete post-closing review for regulatory compliance and policy.
• Collaborate with internal and external partners to improve service levels.
• Create or update procedural manuals and job aids as needed.
• Provide research and resolution to customer concerns/issues.

Responsibilities

• Complete a preliminary review of loan submissions to ensure regulatory and legal compliance.
• Prepare loan documents in accordance with Commerce Bank’s credit policy.
• Interpret complex loan documents to set loans up on the loan accounting system.
• Post loan transactions and providing account problem resolution.
• Process complex loan accounting transactions such as syndications and participations.
• Provide ongoing monitoring and reporting of collateral securing commercial loans.
• Complete a post-closing review to ensure all documents comply with regulatory requirements and Commerce Bank policy.
• Collaborate with internal and external business partners to improve service levels.
• Create or update procedural manuals and job aids as needed.
• Provide research and resolution to customer concerns/issues.
• Performing other duties as assigned.

Skills

Loan docs analysis

Loan systems

Regulatory knowledge

Attention to detail

Communication skills

Microsoft Office

Shaw

ELAR

Credit Stream

LaserPro

CAC

Appian

Education

Associate degree

Bachelor’s degree preferred

Tools

Shaw

ELAR

Credit Stream

LaserPro

CAC

Appian

Job description

Commerce Bank in Kansas City, MO seeks a Commercial Loan Servicing Specialist to support back-office operations for commercial lending and related products. You will review submissions, prepare documents, and post transactions to the loan system.

Ideal candidates have 1+ years in financial services, familiarity with loan servicing, and strong attention to detail. This is a full-time on-site role at 1000 Walnut St, KC, MO 64106.