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We are looking for an experienced Commercial Loan Servicer to support a growing commercial lending operation in the South Shore - Massachusetts. This Long-term Contract position is well suited for someone who thrives in a detail-focused banking environment and can manage servicing activities across a range of commercial loan products. The role plays an important part in maintaining accurate records, supporting compliance efforts, and delivering responsive service to both internal partners and borrowers.
Job Responsibility:
Oversee day-to-day servicing activities throughout the life of commercial loans, including commercial real estate, commercial and industrial, and construction facilities
Enter new loans into servicing systems, coordinate disbursements, and complete updates related to renewals, changes in terms, and final payoff processing
Examine loan files and supporting documents to confirm completeness, accuracy, and alignment with bank policies and regulatory standards
Track covenant reporting, exception items, and critical follow-up dates to help ensure timely resolution of servicing requirements
Partner with lending, credit, closing, and treasury teams to keep loan administration processes organized and running smoothly
Respond to borrower and internal staff questions regarding balances, payment activity, escrow matters, and other servicing-related items
Maintain reliable data within the bank’s core and loan servicing platforms while identifying and correcting discrepancies when needed
Produce servicing and portfolio reports to support management oversight, examinations, audits, and compliance reviews
Assist with participation or syndicated loan administration, including payment distribution, remittance activity, and related reporting
Apply internal procedures and banking regulations consistently across servicing tasks to help protect operational quality and compliance
Requirements:
At least 3 years of experience in commercial loan servicing, loan operations, or loan administration within a banking or credit union setting
Working knowledge of commercial lending products such as CRE, C&I, commercial mortgages, and construction loans
Experience reviewing and handling loan documentation, including promissory notes, mortgages, UCC filings, modifications, and payoff-related records
Familiarity with loan accounting functions, payment processing, accruals, and general servicing workflows
Ability to work effectively with core banking systems and commercial loan platforms used for booking, maintenance, and reporting
Strong organizational skills and careful attention to detail when managing multiple active loans and deadlines
Clear communication skills and the ability to collaborate with internal business partners while providing attentive borrower support