Agent Banking Senior Servicing Specialist

Job description

Overview: Provides support to Agent Banking Participation and Syndication through transaction processing inclusive of advances, payments, interest rate rollovers and other necessary transactions to the commercial loans servicing system for our Participation and Syndication portfolio. Completes daily reconciliation of incoming and outgoing cash, monitors exception reports, and updates accounting system as necessary . Primary Responsibilities: - Complete loan transaction to post payments, advances, payoffs, rate changes, and other maintenance related to all products in the participation bought and participation sold portfolios. - Process manual periodic settlements of interest and unused fee transactions. Balance accrual, billing and general ledger accounts and systems. - Send Notification to participation banks ensuring accuracy against loan activity. - Reconcile and clear all outstanding items in related open item general ledger accounts; clear all known system exceptions. - Reconcile loan payments and ensure our payments agree with lead bank activity; escalate out of balance situations as necessary to the Lead Agent Banking Servicing Specialist and\or Portfolio Liaison - Stay up t...