Associate, Loan Servicing

COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION: We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.

JOB SUMMARY: The Loan Servicing Associate is responsible for assisting with the implementation of systems, development, and documentation procedures, and executing the Loan Servicing department's responsibilities for the commercial and ABL loans managed by Alliance Partners.

DUTIES AND RESPONSIBILITIES

• Record new loans and customers in the Company's loan servicing system (WSO): (1) C&I loans; (2) Commercial and residential real estate; (3) Participations; (4) Asset based revolvers
• Processing originations, participations/syndications for member loans, and acting as agent for re-syndicated loans
• Provide complete loan administrative and servicing activities for loan portfolio consisting of commercial and healthcare ABL loans
• Process the receipt and distribution of loan principal and interest payments, unused line fees, and L/C fees in WSO
• Generate and send loan transaction notices to customers
• Respond to servicing related question from internal and external customers
• Perform other duties as assigned

QUALIFICATIONS

• Associate’s Degree required; Bachelor’s Degree preferred
• Minimum of 2 years of experience with commercial loan or financial transaction processing required
• High level of proficiency and comfort with technology-based systems and applications
• Highly organized and efficient, able to work with all levels of staff, detail oriented, a team player, and excellent time management skills
• Superior client services skills required
• Must be able to adjust quickly to changing priorities
• Proven ability to meet deadlines while completing thorough and error-free documentation
• Outstanding verbal and written communication skills