Commercial Loan Services Specialist III

Peoples Security Bank & Trust Company; Allegheny (NC); On-site; USD 52,000 - 76,000; Full time

Job summary

Peoples Security Bank & Trust Company is seeking an experienced professional to support commercial and corporate loan processing. You will coordinate work within the division, handle documentation, and ensure timely, accurate, and compliant closings with customer interaction as needed.

You will assist loan officers, train junior staff, and participate in closings when requested, contributing to a smooth loan lifecycle from approval through post-closing activities.

Qualifications

• A high school diploma or equivalent; specialized bank credit services education/training.
• Strong communication skills; analytical and mathematics abilities; interpersonal and organizational skills; PC skills incl. Word/Excel; banking services knowledge; loan documentation knowledge; proficient in all loan processing phases including credit/compliance calculations.
• Minimum six years of related experience.

Responsibilities

• Support commercial and corporate loan functions and coordinate work within the division.
• Follow loans from approval to closing to ensure timely, accurate, compliant processing.
• Research, order, and collect loan documentation for pre-closings and closings.
• Prepare loan documents (commitment letters, amendments, renewals, letters of credit).
• Distribute docs to Loan Processing for timely system entry.
• Follow up and finalize records and attorney documents for loans in process.
• Maintain lien positions and compliant disbursements for complex loans.
• Provide customer support and contact customers to complete loan processing.
• Attend closings if requested; assist Commercial/Corporate Loan Officers; train new specialists.

Skills

Communication skills

Analytical skills

Mathematics skills

Interpersonal skills

Organizational skills

PC skills (Word, Excel)

Banking services knowledge

Loan documentation knowledge

Loan processing knowledge

Credit & compliance calculation

Attention to detail

Education

High school diploma or equivalent

Tools

Microsoft Word

Microsoft Excel

Job description

General Responsibilities

Responsible for performing a variety of duties to support the commercial and corporate loan functions; coordinating work within the division, as well as with other divisions and departments; reporting pertinent information to the immediate supervisor; responding to inquiries or requests for information.

Essential Duties:

• Independently performs a variety of duties to support the commercial and corporate loan functions as follows:
• Functions as supervisor in the absence of the manager.
• Follows new loans from approval to closing, to ensure a timely, accurate and compliant process.
• Researches, orders and collects necessary loan documentation and other information for pre-closings and closings.
• Produces documentation between the Bank and customers through the completion of the loan closing, i.e. commitment letters, amendments, line of credit renewal letters, letters of credit, etc.
• Distributes documentation and other related information to Loan Processing for timely entry into the system.
• Follows up, suggests changes and completes any additional records or attorney prepared documents with regard to loans in process.
• Ensures proper documentation is on file and kept current by managing and tracking various types of loans, i.e. construction or multiple advance, draw down loans after closing paying attention to (among other things) maintaining the bank’s lien position, qualified disbursement of funds, and compliance.
• Provides customer support when necessary; makes contact with customers in order to complete loan processing.
• Attends closings if requested.
• Assists Commercial or Corporate Loan Officers as needed.
• Trains Commercial Services Specialists I, II.

Requirements

Education/Training:

A high school diploma or equivalent; specialized bank credit services education/training.

Skill(s):

Must demonstrate strong communication skills; proficient analytical and mathematics skills; proficient interpersonal relations skills; demonstrated organizational skills; proficient PC skills, including Microsoft Word and Excel; extensive knowledge of all banking services; extensive knowledge of loan documentation and requirements for completion; proficient in all phases of loan processing, including credit and compliance calculation and testing; visual and auditory skills.

Experience:

A minimum of six (6) years of related experience normally required.