What are the responsibilities and job description for the Commercial & Syndicated Loan Servicing Analyst position at CrossFirst Bank?
The Commercial & Syndicated Loan Servicing Analyst will service commercial loans, including Syndications, Commercial Real Estate, C&I, Commercial construction, and Letters of Credit. The Analyst will have responsibility for all aspects of servicing assigned complex commercial loans, including but not limited to booking, funding, documentation review, reserves, and communication with the lending teams. The Analyst will review work completed by teammates for accuracy and will partner with teammates in other groups to ensure the efficient servicing of the commercial loan portfolio.
Responsibilities
- Model our corporate values of Character, Competence, Commitment, and Connection.
- Partner with Bankers to understand and interpret documentation for new commercial loans and organize the efficient servicing of these loans.
- Work in partnership with loan officers and Services & Support team members to assist in the administration of the commercial & syndicated loan servicing portfolio.
- Act as a liaison with participating banks as well as with all Services & Support team members, during all phases of the participated loan.
- Send or request reconciliation wires from participating banks as needed, ensuring funding occurs within designated Service Level Agreements.
- Input payments, rate changes, new rates, advances, interest payments and wires for commercial & syndicated loans.
- Book assigned commercial loans onto the core system in accordance with loan approval guidelines.
- Document, monitor, and resolve post-closing conditions or tasks defined in the Loan Agreement and communicate any additional actions necessary to appropriate Servicing & Support team.
- Complete accurate daily balancing of all loan related general ledger accounts and monitor system maintenance completed on the complete loan portfolio.
- Work with the Commercial & Syndicated Loan Servicing Supervisor to identify process improvement opportunities.
- Partner with other departments to review draft loan documents, loan modifications, and participation agreements for commercial loans to ensure loan servicing is in compliance with bank policy
- Develop and maintain positive relationships with other employees, clients, and vendors; acting as a point of contact within the loan services group for other CrossFirst Bank team members and outside vendors.
- Represent the Bank and Loan Services team in a highly professional manner.
- Complete job assignments in a professional, timely and efficient manner; organize and prioritize work.
- Maintain confidentiality; adhere to CrossFirst Bank policies and procedures; comply with laws, regulations, and industry best practices.
- Reliable and predictable attendance.
Qualifications
- Two or more years of servicing commercial loans is preferred.
- Knowledge of loan processing, procedures and regulations.
- Proven performer in a loan services role in a commercial banking environment.
- Experience servicing complex commercial loans, including different types of collateral, loan structures, and syndications.
- Demonstrated knowledge and experience with office automation equipment, including phones, computers, scanners and related loan processing/banking software, including Microsoft Word, Excel, and Outlook.
- Bachelor’s degree preferred, or equivalent work experience.
CrossFirst Bank is proud to be an Equal Opportunity Employer.
CrossFirst Bank does not accept unsolicited resumes from search firms or agencies. Any resume submitted to any employee of CrossFirst Bank without an authorized search agreement will be considered unsolicited and the property of CrossFirst Bank. We respectfully request no phone calls or emails.
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