Commercial Servicing Associate II

Stifel; Chesterfield (MO); On-site; USD 42,000 - 62,000; Full time

Job summary

Stifel is seeking a Commercial Servicing Associate II to support onboarding and servicing of commercial loans onsite at the Creve Coeur, MO office. You will collaborate with Loan Coordinators to ensure timely closings and accurate payments.

The role requires regulatory awareness, MS Word/Excel/Outlook proficiency, and the ability to handle complex situations while mentoring junior teammates.

Qualifications

• High School Diploma or equivalent is required.
• 2-4 years of relevant experience is required.
• Proficient in Word, Excel, and Outlook.
• Effective communication skills are required.

Responsibilities

• Onboard commercial loans into the loan system for various lending verticals.
• Work with Loan Coordinators to ensure timely and accurate daily loan closings.
• Process incoming payments with accuracy.
• Collaborate with Agent Banks to resolve discrepancies.
• Process advance requests and submissions to wire department.
• Handle conversion and rate change requests.
• Assist with imaging loan documents and daily activity.
• Support more complex situations and mentor less-experienced staff.

Skills

Effective communication

Administrative procedures

Regulatory awareness

Education

High School Diploma or equivalent

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel,where success meets success.

What You'll Be Doing

The Commercial Servicing Associate II is responsible for providing sufficient support for Commercial loans through onboarding and servicing responsibilities. This position will be onsite in our Creve Coeur, MO office.

What We're Looking For

• Onboard commercial loans into the loan system for various types of lending verticals.
• Work closely with Loan Coordinators to ensure the timeliness and accuracy of daily loan closings.
• Process incoming payments while ensuring payment accuracy is met.
• Work with Agent Banks to resolve discrepancies.
• Process advance requests, including submission to the wire department.
• Process conversion and rate change requests.
• Assist with imaging loan documents and daily activity.
• Handle more complex situations and assist others with less experience.

What You'll Bring

• Understand and comply with all regulations, including the Community Reinvestment Act, Bank Secrecy Act, Fair Credit Reporting Act, etc.
• Intermediate knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, and other office procedures.
• Effective communication skills, both verbal and written.

Education & Experience

• Minimum Required: High School Diploma or equivalent.
• Minimum Required: 2-4 years of relevant experience.

Licenses & Credentials

• Minimum Required: None.

Systems & Technology

• Proficient in Microsoft Word, Excel, and Outlook.

About Stifel

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel’s bank and trust companies are equal opportunity employers. All candidates will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, veteran status, genetic information or any other protected characteristic under applicable law. If you would like more information regarding Equal Employment Opportunity rights and protections, please review the following information: Know Your Rights.

Stifel is an Equal Opportunity Employer.