Commercial Loan Service Analyst

Socket.dev; Wichita (KS); On-site; USD 42,000 - 54,000; Full time

Job summary

Socket.dev is seeking a Commercial Loan Service Analyst in Wichita, KS to support loan officers and customers. The role requires precise data handling, processing funding requests, and managing loan documents with accuracy.

Applicants should be proficient in Word and Excel, have basic accounting skills, and be able to work flexible or late hours as needed to ensure timely postings and reporting.

Qualifications

• High school diploma required.
• Strong Word and Excel proficiency.
• Basic accounting skills and accuracy.

Responsibilities

• Provide internal support to loan assistants and loan officers.
• Research requests for loan documents and payment processing.
• Process new loan funding requests and loan transactions.
• Handle wires for Loan Operations and reconcile daily reports.
• Maintain loan data, review accuracy, and prepare monthly reports.
• Process monthly pool, swap, participation, and construction loan remittances.

Skills

Word

Excel

Communication

Attention to detail

Education

High school diploma

Job description

COMMERCIAL LOAN SERVICE ANALYST

Job Overview:

You’d make an excellent Commercial Loan Service Analyst if you consider yourself highly detailed, enjoy working independently on a variety of tasks, take pride in your work, and have strong written and verbal communication skills.

The candidate for this position will be responsible for:

• Internal customer support for loan assistants and loan officers resulting in a high level of service to our loan customers
• Research requests to support loan documents and payment processing
• Complete new loan funding requests for our customers
• Processing loan transactions
• Processing incoming and outgoing wires for Loan Operations
• Reconciling daily reports for accuracy and error detection
• Reconciliation of lending DDAs and GLs to ensure timely postings
• Perform file maintenance necessary to ensure accurate loan calculations, billings, and history
• Inputting data, reviewing information for accuracy and preparing reports for monthly review
• Process monthly pool, swap, participation, and construction loan remittances and reporting
• Acquisition loan onboarding
• Ongoing updates to processes and procedures to ensure knowledge sharing amongst the team

Requirements for the position include:

• A high school diploma (or equivalent)
• A strong proficiency in both Word and Excel computer programs
• Basic accounting skills along with excellent accuracy and communication skills
• The ability to review loan documentation and ensure proper posting and file maintenance to loans
• The ability to work flexible and/or late hours

Preferred qualifications for this position include:

• Minimum one year lending experience