What are the responsibilities and job description for the Commercial Loan Servicing Representative position at First State Bank of St. Charles?
First State Bank is seeking a Commercial Loan Servicing Representative onsite at our West Clay location. If you have experience administering all types of loans for both portfolio and secondary market loans, this may be a good fit for you!
40 hours per week.
Full-Time benefits will apply, including; medical, dental and vision insurance, paid sick and vacation, 401k, ESOP and more!
Duties and Responsibilities:
The Commercial Loan Servicing Representative will perform all duties required of this position by following policies and procedures set forth by First State Bank, including, but not limited to:
- Maintain insurance tickler system and filing to all loan files in a timely fashion.
- Maintain Flood Monitoring and compliance.
- Process and update Escrow system, review and update Escrow reports, and utilize the Escrow module within Fiserv.
- Process payments and other ticket items using the branch capture system.
- Maintain organization in files and within the vault including the paid out files.
- Pull, review, and organize files for audits
- Prepare releases and subordinations for recording, then record using the e-record system, Simplifile.
- Work all paid out loans, process refunds and send appropriate documentation to the title company.
- Prepare payoff letters and process payoff when received.
- Work the tickler system to follow-up on pending items and technical exceptions.
- Respond to written credit inquiries.
- Work with Lenders and supervisors on special projects as necessary.
- Coordinate renewals and new loans through the Missouri MO Bucks Program.
- Provide additional support to processors by processing wires and follow up post-closing.
- Assist with end of year procedures, mainly payout of all escrowed taxes in a timely manner.
- Manage supplies for the loan department.
- Complete all required compliance training and complies with the Bank Secrecy Act and Anti-Money Laundering Act, as well as all regulations which apply within the scope of the position.
- Other duties as assigned.
Qualifications:
- High school diploma or general education degree (GED) required.
- One to two years related experience and/or training required.
For more information about First State Bank, please visit our Career’s Page: https://fsbfinancial.com/about-us/careers/.
As a condition of employment, all new hires will be required to complete a background check and drug testing.
First State Bank is an Equal Opportunity Employer, including protected veterans and individuals with disabilities.