What are the responsibilities and job description for the Senior Loan Servicer position at Truist Bank?
Language Fluency: English (Required)
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106Please review the following job description:
Supports the Closing Function include servicing the deal through the lifecycle of the loan with focus on transactions of highest size, risk, complexity and/or industry specialization as well as Agented deals and LST. Ensures all information is complete and accurate, all standards, guidelines, policies and procedures and regulations are followed.Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
List the major responsibilities generally associated with the role (5-7 major responsibilities with no more than 10) that an incumbent in this job is expected to accomplish. Please use numbers to separate each distinct responsibility.
2. Knowledge of Loan Closings and Lending Regulatory Requirements
3. Service the Deal through the lifecycle of the loan
4. Working Knowledge of Participations/Syndications or Specialized Products
5. In-depth knowledge of the applicable laws, regulations, regulatory guidelines, rules and standards for all states in Truist's footprint
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
2. Advanced commercial credit knowledge
3. Associate Degree or equivalent work experience
4. Proficiency with MS Office applications
5. 3 years of experience in credit operations, loan consultation or administration
6. Demonstrated experience or knowledge of loan servicing and lending regulatory requirements
7. Demonstrated effective verbal and written communication skills for the purpose of explaining the loan closing process, exceptions and associated legal documentation to internal, external clients and appropriate counsel
1. Knowledge of commercial loan/Lease accounting systems (i.e. AFSVision, Loan IQ or LeaseWave)
2. Knowledge of legal documentation requirements
3. Bachelor's degree or certificate in related field
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
