Loan Servicing Officer – Syndications

Loan Servicing Officer – Syndications

Location:

CityScape

What You’ll Do

The Loan Servicing Officer will be responsible for processing various transactions to Participation loans, Syndications loans, and Municipal loans. The person will be responsible for processing payments and advances, processing incoming and outgoing wires to participants or syndication banks, as well as preparing appropriate notifications of transactions. Board file maintenance changes to core system for Debt Service Schedule or other payment schedules as necessary.

What We Are Looking For

• Posting syndication and/or participation transactions; retrieving notifications of incoming wires and syndication instructions; processing Rollover transactions.
• Callback of Participation and Syndication notifications.
• Preparing outgoing notifications to participant banks for participation loans and syndications.
• Preparing outgoing wires for payments.
• Boarding core system file maintenance changes to Participation, Syndication, and Municipal loans.

Qualifications

• High school graduation or GED
• 3 years previous work experience with Loan Syndications and Participations, including ability to read and process complicated legal loan documentation
• Banking and Financial Services: Knowledge & skills typically resulting from three to five years’ experience
• Participation, syndications and municipal loans: Knowledge & skills typically resulting from three to five years’ experience
• Basic math skills and completing interest calculations: Knowledge & skills typically resulting from three to five years’ experience
• Previous loan boarding experience: Knowledge & skills typically resulting from three to five years’ experience
• Excellent organizational skills; ability to effectively multi-task
• Basic officer computer skills (Microsoft Office products, calculators)
• Effective communication skills, interpersonal skills for internal & external customers.
• Intermediate knowledge of ACBS Commercial Loan Servicing system experience with boarding and processing.
• Intermediate knowledge of FIS IBS application, FCM, and FTM applications
• Intermediate knowledge WAB LPT applications and Microsoft Works applications

Benefits You’ll Love

We offer all the important things you’d want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About The Company

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [email protected] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation