Commercial Loan Specialist I Manufacturing - Riverside, RI at Geebo

Commercial Loan Specialist I

Description

The Commercial Loan Specialist I will perform non-monetary maintenance for the Asset Based Lending portfolio serviced on the Stucky/NT ABL system. The position will also be responsible for analyzing and solving operational, system related and/or customer issues.

Primary responsibilities include:

  • Setting up of new loan/collateral records in accordance to loan documentation
  • Perform restructure/loan modifications
  • Processing libor rollovers
  • Calculating payoff quotes
  • Performing payoffs
  • Monitoring tickler reports
  • Creating/submitting Foreign Exchange (FX) hedges and adjustments
  • Updating interest rates, loan/client limits and advance rate changes
  • Actively partnering with key stakeholders withing Closing, FX Operations and Business Capital to ensure expectations are met and loans serviced accurately

Qualifications

Required Skills/
Experience:

  • Solid understanding of loan documenation
  • Ability to work in a fast paced envirnoment and prioritze multiple efforts
  • Experience with Excel, Visio and Access databases
  • Detail oriented with excellent verbal, analytical and organizational skills
  • 3
    years in working in an Operations envirnoment
  • Strong cusotmer service skills
  • Advanced analytical skills

Preferred Skills/
Experience:

  • Knowledge of the Asset Based Lending product
  • Understanding of general accounting principles
  • Ability to create/run basic Access queries

Education:

  • High School or equivalent required

Hours & Work Schedule

Hours per Week:
40

Work Schedule:
8:
00 AM- 4:
30 PM

Why Work with Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.

Equal Employment Opportunity

It is the policy of Citizens Bank and Citizens Securities, Inc. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.

Equal Opportunity & Affirmative Action Employer Disabled/Veteran

Citizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries, and Citizens Bank of Pennsylvania.

Estimated Salary: $20 to $28 per hour based on qualifications.

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