Senior Commercial Loan Operations Specialist

Eastern Bank; Brockton (MA); Hybrid; USD 43,000 - 52,000; Full time

Job summary

Eastern Bank in Brockton, MA seeks an Operations Processor to manage loan boarding, system setup, and servicing tasks with a hybrid in-office schedule (2–3 days in the office). The role focuses on accurate loan booking and ongoing administration, while collaborating across departments.

The position requires solid knowledge of loan accounting, reconciling balances, and supporting complex loan portfolios. Eastern Bank offers a comprehensive Total Rewards package and opportunities for growth.

Qualifications

• Bachelor’s degree in business, Finance, Accounting, Economics, or related field preferred.
• 5+ years of experience in commercial loan operations, loan servicing, accounting operations, syndicated lending, or a related banking function.
• Experience with core loan systems and general ledger reconciliation processes preferred.
• Strong written and verbal communication skills.

Responsibilities

• Book and maintain commercial, syndicated, participated, and institutional loans within the FIS bank's core loan servicing system.
• Process loan modifications, renewals, extensions, amendments, rate changes, tranche activity, commitments, and new loan funding transactions.

Skills

Attention to detail

Analytical thinking

Microsoft Excel

Operational reporting tools

Collaborative skills

Education

Bachelor's degree in business, Finance, Accounting, Economics, or related field

Tools

FIS loan servicing system

Core loan systems

Job description

Eastern Bank in Brockton, MA seeks an Operations Processor to manage loan boarding, system setup, and servicing tasks with a hybrid in-office schedule (2–3 days in the office). The role focuses on accurate loan booking and ongoing administration, while collaborating across departments.

The position requires solid knowledge of loan accounting, reconciling balances, and supporting complex loan portfolios. Eastern Bank offers a comprehensive Total Rewards package and opportunities for growth.