Service Officer or Lead Service Officer (Post Closing) - KeyBank
Seattle, WA
About the Job
Location:
4910 Tiedeman Road - Brooklyn, Ohio 44144
This position may be filled at different salary grade levels depending on requirements.
SERVICE OFFICER JOB DESCRIPTION:
About the Job (Job Brief):
Responsible for servicing assigned portfolio consisting of a variety of products primarily for the Community Development Lending and Investing Line of Business. Primary servicing functions are for non-owner occupied /interim loan servicing, portfolio administration and related client services. Provide excellent communication with the lending staff and partners supported by the IPG/CDLI/IRE/HC teams. Client segment focus is local and regional private developers and some public companies. Independently manage all pre-closing, pre-boarding review of documents and risk management. Responsible for providing superior client service and expertise to both internal and external clients related a portfolio of interim/permanent loans with ability to juggle multiple projects and levels of complexity. Strength and experience also required for problem solving and loan system processing including loan boarding, maintenance, data integrity etc.
Essential Job Functions:
Responsible for supporting client service functions required by credit and non-credit products offered by the Real Estate Capital Division
Responsible for all post-closing services for assigned portfolio of low complexity loan structures.
Proven ability to prioritize and handle multiple tasks in a high volume environment
Provides backup forservicing for team members.
Active involvement and assist RM and Closer in pre-closing process by review of loan documents, evaluation of funding requirements for less complex value add/rehab loans and attending meetings
Establishes and maintains servicing files including collateral release document preparation and monitoring,letter of credit issuance
Identifies exceptions and obtains appropriate approvals as necessary
Initiates and analyzes standard and custom monitoring requirements including title/tax update, insurance, , holdbacks, and lease-up requirements
Initiates financial and collateral transactions based on customer request or loan document provisions
Analyzes and facilitates rate, commitment, and collateral changes, loan payments, tax and insurance escrows, flood zone monitoring requirements, DDA/Cash management services, and payoff instruction
Maintain all aspects of DDA Restricted Collateral Accounts including account opening, disbursements, reconciliations, hold level maintenance and account closing.
Maintains data integrity of system of record including posting of transactions, on-boarding of new loans and collateral, processing modifications and amendments, and data information maintenance.
Clearly and immediately communicates problems/issues to Manager and/or RM
Forms alliance with RMs to provide superior service to client base including achievement of goals for cash management services and off balance sheet transitions.
Provides expertise to RMs on system requirements. Proactively identifies and assists in resolving issues affecting client service and risk management
Provides expertise to others by thorough understanding of business requirements of clients and loan related transactions
Active participation in projects as needed
Required Qualifications: (License, Certificates, Education, Skills, etc.)
4-year College Degree or equivalent real estate business experience
Strong solution-oriented and problem solving skills
Detail-oriented
Aptitude for analysis, systems and mathematics
Strong written and verbal communication skills
Ability to handle multiple tasks in a high volume environment
PC proficiency including familiarity with Microsoft Excel and Word
Preferred Qualifications:
Knowledge of commercial real estate including commitment/loan structures, title/liens, documentation, and industry
4910 Tiedeman Road - Brooklyn, Ohio 44144
This position may be filled at different salary grade levels depending on requirements.
SERVICE OFFICER JOB DESCRIPTION:
About the Job (Job Brief):
Responsible for servicing assigned portfolio consisting of a variety of products primarily for the Community Development Lending and Investing Line of Business. Primary servicing functions are for non-owner occupied /interim loan servicing, portfolio administration and related client services. Provide excellent communication with the lending staff and partners supported by the IPG/CDLI/IRE/HC teams. Client segment focus is local and regional private developers and some public companies. Independently manage all pre-closing, pre-boarding review of documents and risk management. Responsible for providing superior client service and expertise to both internal and external clients related a portfolio of interim/permanent loans with ability to juggle multiple projects and levels of complexity. Strength and experience also required for problem solving and loan system processing including loan boarding, maintenance, data integrity etc.
Essential Job Functions:
Responsible for supporting client service functions required by credit and non-credit products offered by the Real Estate Capital Division
Responsible for all post-closing services for assigned portfolio of low complexity loan structures.
Proven ability to prioritize and handle multiple tasks in a high volume environment
Provides backup forservicing for team members.
Active involvement and assist RM and Closer in pre-closing process by review of loan documents, evaluation of funding requirements for less complex value add/rehab loans and attending meetings
Establishes and maintains servicing files including collateral release document preparation and monitoring,letter of credit issuance
Identifies exceptions and obtains appropriate approvals as necessary
Initiates and analyzes standard and custom monitoring requirements including title/tax update, insurance, , holdbacks, and lease-up requirements
Initiates financial and collateral transactions based on customer request or loan document provisions
Analyzes and facilitates rate, commitment, and collateral changes, loan payments, tax and insurance escrows, flood zone monitoring requirements, DDA/Cash management services, and payoff instruction
Maintain all aspects of DDA Restricted Collateral Accounts including account opening, disbursements, reconciliations, hold level maintenance and account closing.
Maintains data integrity of system of record including posting of transactions, on-boarding of new loans and collateral, processing modifications and amendments, and data information maintenance.
Clearly and immediately communicates problems/issues to Manager and/or RM
Forms alliance with RMs to provide superior service to client base including achievement of goals for cash management services and off balance sheet transitions.
Provides expertise to RMs on system requirements. Proactively identifies and assists in resolving issues affecting client service and risk management
Provides expertise to others by thorough understanding of business requirements of clients and loan related transactions
Active participation in projects as needed
Required Qualifications: (License, Certificates, Education, Skills, etc.)
4-year College Degree or equivalent real estate business experience
Strong solution-oriented and problem solving skills
Detail-oriented
Aptitude for analysis, systems and mathematics
Strong written and verbal communication skills
Ability to handle multiple tasks in a high volume environment
PC proficiency including familiarity with Microsoft Excel and Word
Preferred Qualifications:
Knowledge of commercial real estate including commitment/loan structures, title/liens, documentation, and industry
Source : KeyBank
