Senior Commercial Loan Operations Specialist

Beacon-Bank; Boston (MA); On-site; USD 30,000 - 50,000; Full time

Job summary

Beacon Bank in Boston is seeking a Sr. Commercial Loan Servicing Specialist to support commercial loan portfolios through accurate processing, data integrity, and customer service.

You will onboard loans, process payments, manage loan modifications, and coordinate with the Workout and SBA teams while ensuring compliance with banking regulations. Five years of related experience preferred.

Qualifications

• High school diploma; some college or associate degree preferred.
• 5 years of related work experience in commercial loan servicing.
• Knowledge of commercial loan documentation and collateral.

Responsibilities

• Onboards new loans to core system and reviews loan documents for accuracy.
• Processes payments, advances, and reversals to maintain core system accuracy.
• Manages KYC and regulatory alignment for commercial loan portfolios.

Skills

Problem resolution

Analytical skills

Reading loan documents

Navigation in loan origination systems

MS Excel

Organizational skills

Education

High school diploma

Some college or associate degree

Tools

Loan origination systems

Microsoft Word

Report writing software

Job description

Beacon Bank in Boston is seeking a Sr. Commercial Loan Servicing Specialist to support commercial loan portfolios through accurate processing, data integrity, and customer service.

You will onboard loans, process payments, manage loan modifications, and coordinate with the Workout and SBA teams while ensuring compliance with banking regulations. Five years of related experience preferred.