Senior Loan Servicer

Truist Bank • Wilson, NC

8h • Onsite

About The Position

This position is located in a Truist hub city location.
The work style will be: In Office (5 days/week).

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.
ESSENTIAL DUTIES AND RESPONSIBILITIES
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.
1. Review and interpret Legal Documentation
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

Requirements

• Strong organizational skills and the ability to handle multiple tasks under tight time constraints
• Advanced commercial credit knowledge
• Associate Degree or equivalent work experience
• Proficiency with MS Office applications
• 3 years of experience in credit operations, loan consultation or administration
• Demonstrated experience or knowledge of loan servicing and lending regulatory requirements
• 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

Nice To Haves

• Knowledge of commercial loan/Lease accounting systems (i.e. AFSVision, Loan IQ or LeaseWave)
• Knowledge of legal documentation requirements
• Bachelor's degree or certificate in related field
• Knowledge of Foreign Currency (FX) transactions

Responsibilities

• Review and interpret Legal Documentation
• Knowledge of Loan Closings and Lending Regulatory Requirements
• Service the Deal through the lifecycle of the loan
• Working Knowledge of Participations/Syndications or Specialized Products
• In-depth knowledge of the applicable laws, regulations, regulatory guidelines, rules and standards for all states in Truist's footprint

Benefits

• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree