Opportunities Aligned to Your Experience and Long-term Direction

Job Title: Loan Specialist (Banking)
Industry: Banking
Location: Gurnee, IL
Hourly: $24 an hour 
Schedule: M-F 8am-5pm
Benefits: For eligible employees we offer medical, dental, vision, and 401K

Key Accountabilities:
Productivity
Daily balancing of investor remittances which include submitting payments to investor banks and/or requesting funds for loan disbursements
Prepare monthly SBA reporting and any other participant reporting requirements
Input New, renewal and Change In Terms request for all commercial loan products (ie. Term, revolving credit lines, advise/guidance lines, forbearance agreements)
Post incoming wires/checks/ACHs to the servicing system
Input/Review daily rate changes to the core system
Monitoring
Ensure all purchased and sold participation loans are in sync for interest and principal paid
Complete Audit verifications for participant banks
Process manual rate changes when requested by lead banks
Ability to keep internal DDA monitored and balanced
Participant Relationships
Correspond with investor contacts regarding discrepancies as needed
Send daily remittances/loan advance notices/rate changes

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