Loan Servicing Specialist: Growth, Compliance & Impact

Valley Bank; Saint Petersburg (FL); On-site; USD 42,000 - 63,000; Full time

Job summary

Valley Bank in Saint Petersburg, FL is seeking a Loan Servicing Specialist to ensure loan transactions are processed in compliance with regulations and policy. You will handle pre-closing, closing, and post-closing processing and maintain thorough documentation with lending teams.

The role requires strong knowledge of commercial lending, attention to detail, and ability to manage multiple tasks in a regulated environment.

Qualifications

• Experience in loan servicing including all aspects of loan funding, borrowings, paydowns, commitments, etc.
• Ability to read and interpret a variety of credit agreements.
• Strong knowledge of commercial lending and loan servicing.
• Strong attention to detail, ability to handle multiple tasks simultaneously.
• Knowledge of bank regulatory requirements.
• Strong oral and written communication skills.

Responsibilities

• Manage the processing of loan payments, paydowns, payoff requests or other processing of loan fees on core banking system.
• Reviewing and handling of loan funding requests as needed.
• Managing payments processed and reconciling the general ledger to process payments timely.
• Reviewing various reports produced on core banking system.
• Handling any maintenance requests and processing on core banking system.
• Requires understanding of basic to complex loan structures, legal documentation and knowledge of commercial lending products.
• Handle research requests, statement requests or other general inquiries from lending teams.
• Represents the bank with borrowers, borrower attorneys, title companies and internal lending partners.
• Monitoring/Tracking exception items for processing.

Skills

Loan servicing

Credit agreements

Commercial lending

Regulatory knowledge

Attention to detail

Communication skills

Prioritization

Banking systems

Education

High school diploma or GED

Associates degree preferred

Tools

Core banking system

Banking software

Job description

Valley Bank in Saint Petersburg, FL is seeking a Loan Servicing Specialist to ensure loan transactions are processed in compliance with regulations and policy. You will handle pre-closing, closing, and post-closing processing and maintain thorough documentation with lending teams.

The role requires strong knowledge of commercial lending, attention to detail, and ability to manage multiple tasks in a regulated environment.