Commercial Loan Services Specialist III

Peoples Security Bank & Trust Company; Warrendale (Allegheny County); On-site; USD 65,000 - 85,000; Full time

Job summary

Peoples Security Bank & Trust Company seeks a detail-oriented professional to support commercial and corporate loan functions. You will oversee documentation, attend closings if needed, and coordinate with Loan Processing to ensure accurate data entry and compliance throughout the loan lifecycle.

The role requires strong communication, banking knowledge, and the ability to train junior staff. A solid foundation in loan processing and compliance is essential for success.

Qualifications

• Education credentials include a high school diploma or equivalent, plus specialized banking training.
• Candidates should demonstrate strong communication and analytical abilities with math prowess.
• Experience with loan documentation, processing steps, and compliance concepts is expected.

Responsibilities

• Support commercial and corporate loan functions across the division and with other departments.
• Follow loans from approval to closing to ensure timely, accurate processing.
• Collect required loan documents and prepare closing materials.
• Conduct liaison work with Loan Processing for data entry and record keeping.
• Assist loan officers and train junior specialists as needed.

Skills

Communication skills

Analytical skills

Mathematics skills

Interpersonal skills

Organizational skills

PC skills (Word/Excel)

Banking services knowledge

Loan documentation knowledge

Loan processing proficiency

Credit and compliance calculation

Auditory/visual skills

Education

High school diploma or equivalent

Bank credit services education/training

Tools

Microsoft Word

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.

Equal employment opportunity, including veterans and individuals with disabilities.