Commercial Loan Services Specialist I
Description

 

If you are looking for a great place to work, and reach your potential, look toPeoples Security Bank & Trust.We continue to grow and are always looking for the right people to join our team.#TeamPSBT


Our Commercial Loan Services Specialists are responsible for performing a variety of duties to support the commercial and corporate loan functions; coordinating work within the division, as well as with other divisions and departments; reporting pertinent information to the immediate supervisor; and responding to inquiries or requests for information.


Essential Duties:


  • Follows new loans from approval to closing, to ensure a timely, accurate and compliant process.
  • Researches, orders and collects necessary loan documentation and other information for pre-closings and closings.
  • Produces documentation between the Bank and customers through the completion of the loan closing, i.e. commitment letters, amendments, line of credit renewal letters, letters of credit, etc. 
  • Distributes documentation and other related information to Loan Processing for timely entry into the system.
  • Follows up, suggests changes and completes any additional functions, including reviewing internally and attorney-prepared documents with regard to loans in process.
  • Ensures proper documentation is on file and kept current by managing and tracking various types of loans, i.e. construction and multiple advance lines of credit, draw down loans disbursing loan proceeds after closing, while paying attention to (among other things) maintaining the bank’s lien position, qualified disbursement of funds, and compliance - that proper approvals are in place for disbursement and loan is in compliance with original terms of approval.
  • Provides customer support when necessary; makes contact with customers in order to complete loan processing.
  • Attends loan closings if requested.
  • Assists Commercial or Corporate Loan Officers as needed.

 

Benefits Offered to Peoples Security Bank Employees

**Our College Tuition Reimbursement Benefit can help you achieve your long-term career and educational goals**

  • Medical Plans
  • Dental Plan
  • Vision Plan
  • Life Insurance
  • Disability Insurance
  • 401(K) Plan
  • ESOP Plan
  • Paid Time Off
  • Paid Holidays
  • Employee Assistance Program
  • Banking Classes
  • College Tuition Reimbursement
  • Internal Advancement Opportunities
  • Volunteer Time Off

 

Company Overview


Community has and always will be our purpose. We were founded on the principle to be a bank that people can trust. We would not be where we are today without the dedication that our employees have had since we first opened our doors. Our values still hold true to this day and we are making strides to continue to grow with our amazing team.

  • Integrity - it is our foundation, the basis of everything we do. We strive to be professional, honest, trustworthy, confidential, and respectful at all times.
  • Excellence – to do things better, exceeding expectations
  • Teamwork - working together for a common good, engaging our customers, coworkers, and partners
  • Efficient – we will strive to manage our expenses

We believe our team is what makes our organization successful. Hearing their stories show a path of growth and enrichment in their careers. Every single team member truly makes a difference within our company and we're grateful for each employee who chooses to work with us.


Peoples Security Bank and Trust Company is an Equal Opportunity Employer


Requirements


Education/Training: A high school diploma or equivalent; specialized bank credit services education/training.


Skill(s): Must demonstrate strong communication skills; proficient analytical and mathematics skills; proficient interpersonal relations skills; demonstrated organizational skills; proficient PC skills, including Microsoft Word and Excel; thorough knowledge of all banking services; through knowledge of loan documentation and requirements for completion; proficient in all phases of loan processing, including credit and compliance calculation and testing. 


Experience: A minimum of one (1) year of related experience normally required based on the “General Responsibilities” and “Essential Duties”.