Senior Commercial Loan Servicing & Systems Lead

Beacon Bank

Pittsfield (MA)

On-site

USD 29,000 - 51,000

Full time

4 days ago
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Job summary

Beacon Bank is seeking a Commercial Loan Servicer to perform a wide range of tasks supporting the bank's commercial loan portfolio. You will onboard loans, process payments and adjustments, and ensure data accuracy in the core system and related applications.

Responsibilities include managing rate indices, reconciling ledgers, monitoring queues, and supporting audits. Strong attention to detail and solid knowledge of loan documentation are essential for success.

Qualifications

  • 5 years' related work experience.
  • Knowledge of commercial loan documentation and collateral.
  • Commercial loan systems experience preferred.

Responsibilities

  • Onboards new loans to the core system and reviews related documents.
  • Processes payments, advances, and reversals for accuracy.
  • Handles non-accrual and charge-off entries for Commercial Loan Dept.
  • Monitors rate indices in IBS Bank Control and ensures timely updates.
  • Reconciles general ledger balances for system accuracy.
  • Manages Salesforce Queues and processes requests.
  • Completes audit confirmations timely and accurately.
  • Tests new system releases and participates in mappings for acquisitions.
  • Ensures compliance with banking laws and internal policies.

Skills

Problem solving
Analytical skills
Loan documents
Loan origination systems
Communication skills
Microsoft Office
Organization skills
Detail oriented
Basic accounting

Education

High school diploma
Some college / associate degree

Tools

Salesforce

Job description

Beacon Bank is seeking a Commercial Loan Servicer to perform a wide range of tasks supporting the bank's commercial loan portfolio. You will onboard loans, process payments and adjustments, and ensure data accuracy in the core system and related applications.

Responsibilities include managing rate indices, reconciling ledgers, monitoring queues, and supporting audits. Strong attention to detail and solid knowledge of loan documentation are essential for success.

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