Asset Based Lending Loan Servicer
Occupations:
Loan OfficersLoan Interviewers and ClerksCredit AnalystsCredit Authorizers, Checkers, and ClerksBill and Account CollectorsIndustries:
Depository Credit IntermediationActivities Related to Credit IntermediationNondepository Credit IntermediationOther Investment Pools and FundsLessors of Nonfinancial Intangible Assets (except Copyrighted Works)Commercial Loan Servicing Representative IIHybrid - Las Colinas, TXContract - 12-month Contract to HirePay Range: $35-40/hrCalculated Hire is in search of a Commercial Loan Servicing Representative II for our Fortune 100 Financial Services Company. You will be responsible for the following:Job Description:You will be supporting day-to-day operations and activities related to servicing commercial ABL loan transactions according to bank policies, procedures, and regulatory requirements. This can include customer/client modifications, account maintenance, rebooking, and purchased receivables management to ensure accuracy through life of transaction.Responsibilities:• Lead a variety of servicing activities for complex commercial products• Serve as primary liaison and work collaboratively with Sales, Legal, Control and Risk, Technology, and various Operationsand company teams as necessary to progress customer-focused needs• Review and negotiate complex loan servicing transactions, evaluate risks, and devise strategies to mitigate risks and identifyprocedural modifications• Serve as an escalation point in the resolution of client issues• Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes• Coordinate servicing activities to resolve open customer issues, loan and regulatory diligence and on-going portfoliomaintenance; interact with internal and external customers• Evaluate and upload data into the systems of record• Research complex business and operational decisions• Ensure compliance with all policies, procedures, and regulatory requirementsRequired Skills:• Strong experience with Commercial loan servicing• Familiarity with (ABL) asset-based lending - (look for understanding of tranches, settlements, swinglines, payoffs, restructures, payments, advances, and accruals)• Familiarity with loan servicing software and MS Office tools (MS Excel).• Experience reviewing financial data, reconciling accounts, and calculating charges.• Ability to Review financial data, reconciling accounts, and calculating charges