Demo

Commercial Loan Servicing Manager

KBW Financial Staffing & Recruiting
Waltham, MA Contractor
POSTED ON 2/12/2025
AVAILABLE BEFORE 3/13/2025
Location: Greater Newton, MA

Compensation: $75-$120 per hour

Work Arrangement: Hybrid/Remote

Duration: 3 months

About The Company

KBW has partnered with a well-established financial institution committed to delivering exceptional commercial lending services. The bank emphasizes operational efficiency, regulatory compliance, and superior customer service while fostering a collaborative and innovative work environment.

Key Responsibilities

  • Oversee and reconcile assigned General Ledger accounts, ensuring timely resolution.
  • Manage and coach the Commercial Loan Servicing team, providing training and career development.
  • Prioritize and oversee customer service requests to ensure a “best-in-class” experience.
  • Maintain expertise in core loan systems, administering internal processes for efficient servicing.
  • Evaluate and improve servicing processes, leveraging robotic process automation (RPA) and loan operating system (LOS) implementations.
  • Respond to and implement audit results, coordinating with relevant departments on compliance updates.
  • Manage non-performing loan servicing in compliance with commercial lending policies and FDIC regulations.
  • Establish and maintain strong relationships with internal teams and external customers.

Qualifications

  • Associate’s degree preferred or 10 years of commercial loan servicing experience.
  • 8 years of experience in commercial lending loan servicing, preferred.
  • 3 years of management experience.
  • Strong knowledge of commercial loan products, including construction, term, demand lines of credit, letters of credit, asset-based lending, SWAPs, and Industrial Revenue Bonds.
  • Expertise in commercial real estate documentation and the commercial lending lifecycle.
  • Experience with commercial and mortgage servicing core systems.
  • Strong accounting skills, along with excellent communication, customer service, and interpersonal abilities.
  • Ability to develop creative solutions to business challenges within established loan servicing systems.

KBW789

*MONKBW*

Salary : $75 - $120

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