Associate, Loan Servicing (Finance)

TL;DR

Associate, Loan Servicing (Finance): Executing loan servicing responsibilities for commercial and ABL loans with an accent on system implementation and documentation procedures. Focus on processing originations, managing loan portfolios, and ensuring error-free financial transaction processing.

Location: Remote (US)

Salary: $60,000 - $65,000 a year

Company

Forbright is a nationwide full-service bank and commercial lender providing innovative personal banking and creative financing solutions for middle market businesses and investors.

What you will do

• Record new loans and customers in the WSO loan servicing system, including C&I, real estate, and asset-based revolvers.
• Process loan originations, participations, and syndications, acting as an agent for re-syndicated loans.
• Provide complete administrative and servicing activities for commercial and healthcare ABL loan portfolios.
• Manage the receipt and distribution of loan principal, interest payments, and various fees in WSO.
• Generate and distribute loan transaction notices to customers.
• Respond to servicing-related inquiries from both internal and external customers.

Requirements

• High School Diploma required; Bachelor’s Degree preferred.
• Minimum of 2 years of experience with commercial loan or financial transaction processing.
• High level of proficiency and comfort with technology-based systems and applications.
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel).
• Excellent verbal, written, and interpersonal communication skills.
• Must be authorized to work in the US.

Culture & Benefits

• Comprehensive health, dental, and vision insurance plans.
• 4 weeks of PTO and 401k with company match.
• Flexible remote or hybrid work schedules.
• Incentives for purchasing solar panels, electric vehicles, or biking to work.
• Paid subscriptions to various community and wellness services.
• Award-winning workplace culture recognized by The Washington Post and American Banker.