Commercial Loan Servicing Representative

Commercial Loan Servicing Representative

Full-time Regular St. Charles, MO, US

9 days ago Requisition

First State Bank is seeking a Commercial Loan Servicing Representative onsite at our West Clay location. If you have experience administering all types of loans for both portfolio and secondary market loans, this may be a good fit for you!

40 hours per week.

• Full-Time benefits will apply, including; medical, dental and vision insurance, paid sick and vacation, 401k, ESOP and more!

• Maintain insurance tickler system and filing to all loan files in a timely fashion.
• Maintain Flood Monitoring and compliance.
• Process and update Escrow system, review and update Escrow reports, and utilize the Escrow module within Fiserv.
• Process payments and other ticket items using the branch capture system.
• Maintain organization in files and within the vault including the paid out files.
• Pull, review, and organize files for audits
• Prepare releases and subordinations for recording, then record using the e-record system, Simplifile.
• Work all paid out loans, process refunds and send appropriate documentation to the title company.
• Prepare payoff letters and process payoff when received.
• Work the tickler system to follow-up on pending items and technical exceptions.
• Respond to written credit inquiries.
• Work with Lenders and supervisors on special projects as necessary.
• Coordinate renewals and new loans through the Missouri MO Bucks Program.
• Provide additional support to processors by processing wires and follow up post-closing.
• Assist with end of year procedures, mainly payout of all escrowed taxes in a timely manner.
• Manage supplies for the loan department.
• Complete all required compliance training and complies with the Bank Secrecy Act and Anti-Money Laundering Act, as well as all regulations which apply within the scope of the position.
• Other duties as assigned.

• High school diploma or general education degree (GED) required.
• One to two years related experience and/or training required.

As a condition of employment, all new hires will be required to complete a background check and drug testing.

First State Bank is an Equal Opportunity Employer, including protected veterans and individuals with disabilities.