What are the responsibilities and job description for the Commercial Loan Operations Specialist Lead position at EverBank N.A.?
Commercial Loan Operations Specialist Lead
The Commercial Loan Operations Specialist Lead provides operational support for an array of banking commercial products. Under limited supervision, this job works on projects and prospects associated with commercial operations by coordinating data input processes, quality control, client statement preparations and error identification. This job solves escalated reporting issues and consistently works to maintain the accuracy of the company's commercial loan management system.
Key Responsibilities and Duties
- Coordinates processing of commercial banking operations such as loans, letters of credit and banking guarantees.
- Ensures accuracy, quality and completeness of data inputs from loan applications and related documentation into a commercial loan management system.
- Supports preparation of statements for clients, along with conducting reconciliation and investigation efforts when needed.
- Retrieves and provides information on existing loans to clients as requested.
- Ensures best practices for resolving out-of-balance transactions are followed.
- Identifies and corrects erroneous transactions and reports major issues to senior colleagues for issue resolution.
- Trains, delegates and reviews work of junior colleagues to ensure high quality delivery of services and products.
Educational Requirements
- University (Degree) Preferred
Work Experience
- 5 Years Required; 7 Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
8IC
This role will be responsible for the boarding and servicing of commercial loans in the Commercial & Industrial (C&I) space focusing on working capital lines of credit, equipment finance, commercial real estate, public finance Loans, commercial loans, industrial loans & agricultural loans.
- Responsible for performing a comprehensive review of legal and other booking/boarding documents prior to boarding.
- Responsible for accurately boarding new loans in Loan Servicing System
- Responsible for accurately performing advances, disbursements, and other servicing activities through duration of loan.
Preferred Qualifications
- 5 years of diverse C&I loan servicing experience and in-depth, expert knowledge of associated loan documentation.
- Significant, demonstrable experience related to appropriate servicing system data entries needed to properly align servicing system financial processing outcomes to the intended financial structure of the loan.
- Experience with systems used to service C&I loans. FIS servicing systems desired but not required.
Posting End Date: 01/27/2025
Req Benefits:
EverBank is committed to the well-being of its associates. That's why we offer a comprehensive Total Rewards package commensurate with the position and job-related qualifications, skills and knowledge. Our comprehensive Total Rewards package provides choice and flexibility, respects differences, and embraces diversity.
- Medical, dental, vision & HSA/FSA
- 401(k) savings
- Paid holidays & generous PTO
- Tuition reimbursement
- Additional wellness & voluntary benefits
Compensation: $96,300 - $130,300
Additional Details :
EverBank, N.A. ("EverBank") is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers.
EverBank's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money.
VEVRAA Federal Contractor
Member FDIC
Salary : $96,300 - $130,300
