Loan Servicing Specialist Job at Metropolitan Commercial Bank
Metropolitan Commercial Bank New York, NY
Come work with us:
Metropolitan Commercial Bank, The Entrepreneurial Bank Since 1999, is headquartered in New York City and operates full-service banking centers in Manhattan; Boro Park, Brooklyn; and Great Neck, Long Island. Metropolitan Commercial Bank is a New York State chartered commercial bank, an FDIC member and an equal opportunity lender. The parent company of Metropolitan Commercial Bank, Metropolitan Bank Holding Corp., is a publicly traded company.
Did you know? Metropolitan Commercial Bank was named by Piper Sandler as one of the Bank & Thrift SMS-All Stars for the year 2022!
About the role:
Junior Trade Services Specialist/Loan Servicing Specialist will be responsible for processing both administrative tasks for the bank's Standby, Commercial Letters of Credit, Documentary Collections Portfolios and for the Commercial Real Estate and Middle Market Loan Portfolios.
Duties and responsibilities of the job include the following (but is not limited too):
- Candidate will be trained in the function of Trades Services Operation support including issuance of Standby, Commercial Letters of Credit and Documentary Collections processes.
- Candidate will be trained in the function of Loan Servicing support including processing of fed wires, loan payments, loan advances and payment of invoices.
- Opportunity for growth candidate to train on the set up of both simple loans, review of documentation and input of data into our CORE loan system.
- Projects and other job-related duties as may be assigned.
- Candidate must be able to work independently.
Preferred experience, education, and qualifications:
- 1 -2 years of post academic experience at a financial services firm or bank is strongly preferred.
- Bachelors degree is preferred.
- Commercial loan knowledge is a plus including servicing
- Trade Services support knowledge is a plus including URC 522, UCP 600 and ISP98
- Excellent verbal and written communication skills, organizational and time management skills
- Strong Work Ethics
- Sound judgement
- Critical thinking skills
- Work Independently & collaborative
- Strong interpersonal skills
- Proficient in Excel
- Perform quality work within determined timeframes
- Interact professionally with other employees, customers, vendors and shareholders
- Work independently while understanding the necessity for communicating and coordinating work efforts with other employees, departments, divisions, etc.
- Work on ad-hoc tasks, assignments and projects as needed
Potential Salary: $60,000 - $75,000 annually
This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.
Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
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