Corporate Loan Servicer (Remote)
Full Time
Saint Petersburg, FL 33716
Posted
Job description
Under minimal supervision, uses specialized knowledge and skill obtained through education and experience to audit, book, analyze, administer, and reconcile commercial real estate loans, corporate loans, syndicated loans, and club participation loans. Conducts frequent trouble-shooting of moderate to complex issues that require evaluation, originality, and critical thinking to apply the appropriate procedures, processes and techniques.
Essential Duties and Responsibilities:
- Performs prior to closing audits to ensure documentation is complete and the terms meet approved criteria and policies.
- Communicates and resolves audit exceptions in conjunction with management and the Account Officer, as applicable.
- Monitors and manages assigned portfolios of the most complex commercial loans.
- Analyzes loan terms and regulatory reporting requirements in order to structure and maintain the loan set-up in the system accordingly.
- Establishes parallel monitoring processes and controls to ensure regulatory requirements are met.
- Establishes document tracking and reporting.
- Manages the approvals and facilitates frequent borrowing requests for syndications or construction loans.
- Performs monthly audits and reconciliations for interest payments, interest accrual and loan terms.
- Serves as the liaison for lead bank administrators in syndicated and participated transactions.
- Responds to internal and external auditor issues and inquiries.
- Provides training and guidance to less experienced staff.
- Performs other duties and responsibilities as assigned.
Qualifications
Knowledge, Skills, and Abilities:
Knowledge of:
Skill in:
Ability to:
Educational/Previous Experience Requirements:
Licenses/Certifications:
Knowledge of:
- Fundamental accounting concepts, practices and procedures.
- Accrual-based accounting practices.
- Multi-state commercial and retail loan servicing practices.
- Commercial loan structuring.
Skill in:
- Reviewing and interpreting commercial loan terms and documentation.
- Identifying and resolving unusual transactions, interest accounting discrepancies and regulatory discrepancies.
- Preparing spreadsheets and creating formulas.
- Reconciling bank and general ledger accounts.
- Operating standard office equipment and using required software applications to produce correspondence, electronic communication and maintain spreadsheets and databases.
Ability to:
- Identify and recommend changes to standard procedures as required by specific situations and circumstances.
- Make moderately complex decisions.
- Communicate effectively, both orally and in writing, with all organizational levels.
- Solve moderate to complex system-related loan and accrual issues.
- Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced and deadline-driven work environment.
- Provide a high level of customer service.
Educational/Previous Experience Requirements:
- Bachelor’s Degree (B.A.) or equivalent in Finance or Business Administration.
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications:
- None required.
- Raymond James Bank is an EOE/AA and VEVRAA Federal Contractor
- Priority will be given to protected veterans
- EOE/AA: Female/Minorities/Disabled/Protected Veterans/LGBT
Raymond James Guiding Behaviors
We expect our associates at all levels to:
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
- Grow professionally and inspire others to do the same
- Work with and through others to achieve desired outcomes
- Make prompt, pragmatic choices and act with the client in mind
- Take ownership and hold themselves and others accountable for delivering results that matter
- Contribute to the continuous evolution of the firm
Job Banking
Primary Location US-FL-St. Petersburg-Saint Petersburg
Other Locations United States
Organization RJ Bank
Schedule Full-time
Shift Day Job
Travel No
Salary Range: CO, NY (based on Education, Work Experience, and Geographic Location) $50k - $65k
Eligible for Discretionary Bonus No
johnandkristie.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, johnandkristie.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, johnandkristie.com is the ideal place to find your next job.