Loan Participation Specialist

Position: Loan Participation & Lending Specialist

Department: Loan Operations

Location: Wichita, KS (on-site)

Status: Full-Time/ Hourly

Jump start your career at Equity Bank! We are currently hiring energetic, team oriented, and community focused individuals to join our team! With a team of best-in-class customer service experts, you’ll help to build and expand on client relationships, deliver the banking products and services that meet the unique and individual needs of clients, and create and uphold an atmosphere of superior experience and service.

At Equity Bank we’ll help you invest in your community through volunteer opportunities which align with our company initiatives and core values.

The Loan Participation & Lending Specialist is responsible for day-to-day processing of Participation, SWAP Loans, SBA, USDA, and Mortgage Pool Transactions. A successful candidate in this role will have experience using Microsoft Office products, strong verbal and written communication skills, organizational skills, the ability to communicate issues and solutions. This role works with individuals at all levels of the business. We are looking for a team player who is proactive with good problem‑solving skills.

Participation, SWAP Loans, SBA, USDA & Mortgage Pool

• Administer payments/transaction on Participations, SWAP, SBA, USDA and Mortgage Pool loans.
• Coordinate with participating/lead bank(s) as needed to process transactions.
• Performing maintenance, calculations and adjustments on complex interest and fee accruals.
• Verifying and funding all incoming funding requests from agent banks in a timely manner.
• Understands all documentation pertaining to any participation, syndication, and SBA including the most complex Loan and Credit agreements. Fair knowledge of agency agreements and syndication marketplace is essential for this position.
• Assists with responding to various audits performed in the unit relating to the Participation Desk.
• Assists with and may serve as liaison with lenders, loan administration, and outside vendors.
• Partner with Servicing team members to develop and adjust processes as applicable related to specialized loan controls and servicing.
• Perform other duties as assigned or required.

• Required to adhere to lending policies and procedures, as well as disclosures required by government regulations.

• College degree or 3 years equivalent experience.
• Minimum of three years’ experience in banking or finance related industry preferred.
• Must have knowledge of real estate lending, compliance requirements and government regulations.
• Must have a good understanding of commercial loan terms, loan programs, and documents.
• Must have a good working knowledge of the FISERV or equivalent loan servicing systems.
• Working knowledge of PC software including Word, Excel, Internet, etc.
• Good organizational and analytical skills.
• Excellent interpersonal skills and professional manner.

Equity Bank, a full-service, $5 billion community bank, is based in Wichita, Kansas, with 70 bank offices throughout Kansas, Missouri, Arkansas, and Oklahoma.

At Equity Bank, you can find exciting opportunities to challenge you, expand your skills, and reward your contributions. Our employees receive competitive compensation and benefits, while working in an atmosphere that encourages personal and professional growth. We’re searching for motivated individuals who are passionate about serving others, learning new technologies, and working as part of a team.

Equity Bank offers a full range of financial solutions, including online and mobile banking, commercial loans, consumer banking, and mortgage loans, treasury management service, the best solutions for your business, and absolutely zero ATM fees, anywhere.

We believe your benefits are an important part of your overall compensation package. We work year-round to ensure that we provide our employees with the most up-to-date, competitive program. We thoroughly evaluate our benefit plans and strive to provide quality benefits that support the physical and financial well‑being of our employees and their…