What are the responsibilities and job description for the Commercial Loan Servicing Specialist position at IncredibleBank?
JOB REQUIREMENTS: Commercial Loan Servicing Specialist - Full-Time (40
Hrs/Wk) Location: 327 North 17th Avenue, Wausau, WI, 54401, United
States Employee Type: FT Regular Non-Exempt Description We know what
you\'re thinking. \"What kind of name is IncredibleBank?\" Well, we\'re
glad you asked. With a name like IncredibleBank, we have a lot to live
up to. Our name is a promise we make every day to our customers and to
our team members (and hey, that could be you!). A promise that we strive
to be incredible in everything we do. A promise that will help our
customers, fellow team members, and our communities to do the
incredible. At IncredibleBank, we\'re all about ICE. What\'s ICE? ICE
stands for Incredible Customer ExperienceTM (that\'s right - an
experience so good and so important we trademarked it). ICE illustrates
the core values that drive everything we do - how we conduct business,
how we treat each other, and how we continuously strive to build on our
model of customer-focused banking. Our core values have been in place
for more than 50 years and continue to influence every aspect of our
operation today. So - how can you help us live up to our name? About the
Role We are eager to discuss the prospect of you joining our team as our
next incredible team member! This position allows you to partner with
other team members and key stakeholders to provide Incredible Customer
Experiences of your own! Duties and responsibilities may include:
Responsible for accurately processing and maintaining both routine and
complex loan transactions across multiple product types including
Consumer, Business, SBA, National Floor Plans, and Participations.
Understand and adhere to Bank policies, applicable laws and regulations,
and the Bank\'s BSA/AML Program to maintain compliance, reduce
regulatory risk, and protect the Bank from legal or financial exposure.
Maintain a high level of accuracy while providing proactive
communication and support to stakeholders to promote efficient
operations, strong collaboration, and consistent, high-quality service
experience. Validate the accuracy of loan terms and conditions within
the Bank\'s core operating system and third-party platforms to support
proper servicing, reliable reporting, and the prevention of operational
or customer-impacting errors. Reconcile general ledger accounts affected
by loan servicing activity to uphold the integrity of financial records
and identify discrepancies in a timely matter. Prepare accurate payoff
quotes and process paid loans within required timeframes to facilitate
smooth loan resolution and minimize financial or operational risk.
Complete account verifications and servicing requests accurately and
promptly to meet customer expectations and regulatory requirements.
Administer and maintain floor plan loan setups and system updates,
including unit pricing and billing data to support effective portfolio
management and accurate customer billing. Partner with floor plan
lenders and internal Credit teams to reinforce adherence to policies,
guidelines, and risk management standards, supporting overall portfolio
quality. Prepare and distribute monthly manual billing statements for
floor plan customers; monitoring incoming payments and proactively
follow up on outstanding balances to promote timely collections and
reduce delinquency risk. Upload audit documentation to third-party
platforms and coordinate with customers to obtain supporting
information, such as rental revenue invoices to support accurate
reporting, audit readiness, and compliance requirements. Prepare and
complete paid loan recorded satisfactions, lien releases, and UCC
filings and contributions to support proper collateral release, maintain
compliance with legal requirements, and protect the Bank\'s secured
position. Build and maintain strong relationships with third-party
vendors, customers, and external partners to support servicing accuracy,
facilita e timely issue resolution, and elevate the overall customer
experience. This is a regular full-time hourly non-exempt position,
averaging approximately 40 hours/week. Schedule may vary between the
hours of 8:00 am to 5:30 pm CST Monday through Friday. This position
will work on-site at our IncredibleBank branch location on 17th Avenue
in Wausau, WI. About You You do what is right over what is easy. You
don\'t settle for good enough. You\'re driven to learn and grow. You
recognize your impact on the customer experience, regardless of your
role. Those attributes are just a few things our incredible employees
have in common. And, if you are looking for an opportunity to join a
dynamic team, we\'d be so excited to learn a little more about you and
your interest in joining the team! Our recommended and preferred
qualifications are: Associate degree from an accredited college or
university and 2-4 years related experience or training in lending, loan
processing, or compliance; or an equivalent combination of education and
experience demonstrating the ability to successfully perform the
responsibilities of the role. Working knowledge of commercial loan
structures, documentation, and servicing requirements. Familiarity with
loan participation, lines of credit, and floor plan lending preferred.
Ability to analyze and interpret financial and loan data to support
accurate servicing, decision-making, and issue resolution. Strong
interpersonal, written, and verbal communication skills, with the
ability to convey information clearly and professionally to both
Internal And External Stakeholders. About Our Benefits And Compensation
Our promise of ICE extends to our employees as well. Our employees are
our greatest asset, and we strive to show our appreciation by offering
top-tier benefits and, dare we say, more than competitive compensation
that we\'re willing to discuss up front. And we are constantly
evaluating and improving our benefits. In fact, eligible employees
receive over 30 days off per calendar year! That includes 18 days of PTO
to begin, PLUS an Anniversary Holiday, Birthday Holiday, Wellness
Holiday, and 12 observed Bank Holidays. Check out our total rewards
package at: https://www.cbmicrosite.com/incrediblebank About the Company
IncredibleBank first started in 1967 as River Valley Bank with a single
location in Rothschild, WI. And we may have strong roots in community
banking, but IncredibleBank wasn\'t awarded as one of America\'s Most
Innovative Banks by the Independent Community Bankers of America for our
popcorn Fridays. Though we do love free popcorn\... We strive to stay on
the leading edge of banking technology with the goal providing the best,
simplest way for our customers across the country to do their banking.
But if our customers need us, they can pick up the phone and talk to a
real person. And that\'s what makes us America\'s first national online
community bank. And who doesn\'t love the idea of a national community?
Today, IncredibleBank is a \$2.0 billion-asset institution that has
grown to 17 brick-and-mortar locations with customers in all 50 states.
But we know that as an employer, it\'s less about size than it is about
culture. That\'s why we\'re especially proud to have been certified as a
Great Place to Work. Learn more about our Great Place to Work engagement
results here: https://www.greatplacetowork.com/certified-company/7022621
IncredibleBank is an Equal Opportunity Employer. We will consider
applicants for our positions without regard to any category protected by
applicable federal, state, or local law, including but not limited to:
race, color, religion, sex, gender identity, sexual orientation,
pregnancy, age, national origin, physical or mental disability, military
or veteran status, genetic information, or any other protected
classification. PI285103336 \*\*\*\*\* APPLICATION INSTRUCTIONS: Apply
Online: https://www.click2apply.net/DdRVgeSgw1 ZEFJgqiGZQG
Hrs/Wk) Location: 327 North 17th Avenue, Wausau, WI, 54401, United
States Employee Type: FT Regular Non-Exempt Description We know what
you\'re thinking. \"What kind of name is IncredibleBank?\" Well, we\'re
glad you asked. With a name like IncredibleBank, we have a lot to live
up to. Our name is a promise we make every day to our customers and to
our team members (and hey, that could be you!). A promise that we strive
to be incredible in everything we do. A promise that will help our
customers, fellow team members, and our communities to do the
incredible. At IncredibleBank, we\'re all about ICE. What\'s ICE? ICE
stands for Incredible Customer ExperienceTM (that\'s right - an
experience so good and so important we trademarked it). ICE illustrates
the core values that drive everything we do - how we conduct business,
how we treat each other, and how we continuously strive to build on our
model of customer-focused banking. Our core values have been in place
for more than 50 years and continue to influence every aspect of our
operation today. So - how can you help us live up to our name? About the
Role We are eager to discuss the prospect of you joining our team as our
next incredible team member! This position allows you to partner with
other team members and key stakeholders to provide Incredible Customer
Experiences of your own! Duties and responsibilities may include:
Responsible for accurately processing and maintaining both routine and
complex loan transactions across multiple product types including
Consumer, Business, SBA, National Floor Plans, and Participations.
Understand and adhere to Bank policies, applicable laws and regulations,
and the Bank\'s BSA/AML Program to maintain compliance, reduce
regulatory risk, and protect the Bank from legal or financial exposure.
Maintain a high level of accuracy while providing proactive
communication and support to stakeholders to promote efficient
operations, strong collaboration, and consistent, high-quality service
experience. Validate the accuracy of loan terms and conditions within
the Bank\'s core operating system and third-party platforms to support
proper servicing, reliable reporting, and the prevention of operational
or customer-impacting errors. Reconcile general ledger accounts affected
by loan servicing activity to uphold the integrity of financial records
and identify discrepancies in a timely matter. Prepare accurate payoff
quotes and process paid loans within required timeframes to facilitate
smooth loan resolution and minimize financial or operational risk.
Complete account verifications and servicing requests accurately and
promptly to meet customer expectations and regulatory requirements.
Administer and maintain floor plan loan setups and system updates,
including unit pricing and billing data to support effective portfolio
management and accurate customer billing. Partner with floor plan
lenders and internal Credit teams to reinforce adherence to policies,
guidelines, and risk management standards, supporting overall portfolio
quality. Prepare and distribute monthly manual billing statements for
floor plan customers; monitoring incoming payments and proactively
follow up on outstanding balances to promote timely collections and
reduce delinquency risk. Upload audit documentation to third-party
platforms and coordinate with customers to obtain supporting
information, such as rental revenue invoices to support accurate
reporting, audit readiness, and compliance requirements. Prepare and
complete paid loan recorded satisfactions, lien releases, and UCC
filings and contributions to support proper collateral release, maintain
compliance with legal requirements, and protect the Bank\'s secured
position. Build and maintain strong relationships with third-party
vendors, customers, and external partners to support servicing accuracy,
facilita e timely issue resolution, and elevate the overall customer
experience. This is a regular full-time hourly non-exempt position,
averaging approximately 40 hours/week. Schedule may vary between the
hours of 8:00 am to 5:30 pm CST Monday through Friday. This position
will work on-site at our IncredibleBank branch location on 17th Avenue
in Wausau, WI. About You You do what is right over what is easy. You
don\'t settle for good enough. You\'re driven to learn and grow. You
recognize your impact on the customer experience, regardless of your
role. Those attributes are just a few things our incredible employees
have in common. And, if you are looking for an opportunity to join a
dynamic team, we\'d be so excited to learn a little more about you and
your interest in joining the team! Our recommended and preferred
qualifications are: Associate degree from an accredited college or
university and 2-4 years related experience or training in lending, loan
processing, or compliance; or an equivalent combination of education and
experience demonstrating the ability to successfully perform the
responsibilities of the role. Working knowledge of commercial loan
structures, documentation, and servicing requirements. Familiarity with
loan participation, lines of credit, and floor plan lending preferred.
Ability to analyze and interpret financial and loan data to support
accurate servicing, decision-making, and issue resolution. Strong
interpersonal, written, and verbal communication skills, with the
ability to convey information clearly and professionally to both
Internal And External Stakeholders. About Our Benefits And Compensation
Our promise of ICE extends to our employees as well. Our employees are
our greatest asset, and we strive to show our appreciation by offering
top-tier benefits and, dare we say, more than competitive compensation
that we\'re willing to discuss up front. And we are constantly
evaluating and improving our benefits. In fact, eligible employees
receive over 30 days off per calendar year! That includes 18 days of PTO
to begin, PLUS an Anniversary Holiday, Birthday Holiday, Wellness
Holiday, and 12 observed Bank Holidays. Check out our total rewards
package at: https://www.cbmicrosite.com/incrediblebank About the Company
IncredibleBank first started in 1967 as River Valley Bank with a single
location in Rothschild, WI. And we may have strong roots in community
banking, but IncredibleBank wasn\'t awarded as one of America\'s Most
Innovative Banks by the Independent Community Bankers of America for our
popcorn Fridays. Though we do love free popcorn\... We strive to stay on
the leading edge of banking technology with the goal providing the best,
simplest way for our customers across the country to do their banking.
But if our customers need us, they can pick up the phone and talk to a
real person. And that\'s what makes us America\'s first national online
community bank. And who doesn\'t love the idea of a national community?
Today, IncredibleBank is a \$2.0 billion-asset institution that has
grown to 17 brick-and-mortar locations with customers in all 50 states.
But we know that as an employer, it\'s less about size than it is about
culture. That\'s why we\'re especially proud to have been certified as a
Great Place to Work. Learn more about our Great Place to Work engagement
results here: https://www.greatplacetowork.com/certified-company/7022621
IncredibleBank is an Equal Opportunity Employer. We will consider
applicants for our positions without regard to any category protected by
applicable federal, state, or local law, including but not limited to:
race, color, religion, sex, gender identity, sexual orientation,
pregnancy, age, national origin, physical or mental disability, military
or veteran status, genetic information, or any other protected
classification. PI285103336 \*\*\*\*\* APPLICATION INSTRUCTIONS: Apply
Online: https://www.click2apply.net/DdRVgeSgw1 ZEFJgqiGZQG