Unposted/Swap Associate
Core
Process loan payments, wires, and corrections for commercial and consumer loans, including handling SWAP notices and participation loan transactions.
Role type
Associate loan servicing specialist
Builds
Accurate loan ledgers and timely payment processing for the bank and its clients
Domain
Banking / Loan Servicing
Required skills
Loan servicing, wire processing, loan balance verification, SWAP notice creation, GL item clearing, regulatory compliance, Microsoft Office proficiency, analytical thinking
Preferred skills
Independent thinking, decision making, detailed follow-through
Responsibilities
Post commercial loan payments and incoming wires, research and process unposted payment transactions, monitor HELOC draws, create and mail SWAP notices, clear outstanding GL items, process stop payments and reissue checks for escheatment
Seniority
Entry-level, individual contributor