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Commercial Loan Specialist
Citizens Bank
Riverside, RI, United States
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Description
Citizens Bank is looking for a highly motivated and talented individual to join the Commercial Loan Operations team as a CML Loan Specialist II. The Commercial Loan Operations team is made up of over 250 skilled professionals with the mission of consistently providing Customers, Shareholders, and Executive Management with an independent and objective view of the effectiveness of the Bank’s Commercial Operations environment. The CML Loan Specialist II will be responsible for delivering aspects of an internal review in the Commercial Loan division, focusing on various loan products (e.g., Direct Deals, SBA, Participation Loans, and Syndication Loans). Under the supervision of a CML Loan Manager, the specialist will review Commercial Loans booked to the system, a variety of risk and customer related exception reports, and a population of suspect invoices. The CML Loan Specialist II will also have the opportunity to become a SME in Commercial Operations while working with various levels of management and peer teams to develop best practices, reduce errors, and ensure we serve best in class customer service.
The Commercial Loan Specialist II responsibilities will include:
• Analyze and conclude upon the adequacy and accuracy of commercial loans booked to system of record (AFS)
• Review and analyze Legal documents, internal Commercial Loan Documents and translate those documents to the system of record
• Review and analyze Financial Statements, Property appraisals, and other valuations in order to use existing tools for critical calculations
• Identify, analyze, and conclude upon the adequacy, effectiveness, and efficiency of existing internal controls that protect the bank’s financials and collateral as well as the customer
• Identify and document internal control weaknesses, identifying root causes of weaknesses and providing solutions
• Produce clear, complete, concise, and well-organized documented analysis of exception reports, suspect invoices, and key field validation
• Meet with business lines to enhance partnerships and knowledge share of trends, metrics, and findings on a regular basis
• Execute continuous monitoring activities for assigned QCA duties
• The Commercial Loan Specialist II may perform adhoc analysis and reporting and participate in special projects.
Qualifications
• 2+ years financial industry experience required
• Commercial Closing experience required
• Experience in operational servicing functions preferred
• Understanding of commercial lending products and commercial operations
• Familiarity with accounting/finance principles
• Strong verbal and written communication skills.
• Strong analytical skills
• A high level of accuracy and attention to detail
• Ability to multi-task
• Strong interpersonal skills
• Proficiency in Microsoft Word and Excel
Education and Certifications:
Bachelor‘s Degree in Business, or Finance required
Hours & Work Schedule
Hours per Week: 40
Work Schedule: Monday - Friday, 7:30 am - 5:00 pm
Key Success Factors
Knowledge, skills & abilities that typically lead to success in the job include:
Will be included only on templates if we have it
Hours & Work Schedule
Hours per Week:
Work Schedule:
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 and Opportunity Employer/Disabled/Veteran
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.