Commercial Loan Servicing Specialist
Commerce Bank is dedicated to helping people find financial safety and success while supporting businesses. The Commercial Loan Servicing Specialist will provide back-office operations support for commercial lending, ensuring compliance and facilitating loan transactions. Responsibilities Complete a preliminary review of loan submissions to ensure regulatory and legal compliance Prepare loan documents in accordance with Commerce Bank’s credit policy Interpret complex loan documents to set loans up on the loan accounting system Post loan transactions and providing account problem resolution Process complex loan accounting transactions such as syndications and participations Provide ongoing monitoring and reporting of collateral securing commercial loans Complete a post-closing review to ensure all documents comply with regulatory requirements and Commerce Bank policy Collaborate with internal and external business partners to improve service levels Create or update procedural manuals and job aids as needed Provide research and resolution to customer concerns/issues Performing other duties as assigned Skills Ability to analyze, interpret, and understand commercial loan and/or legal documentation with a high degree of accuracy Basic knowledge of commercial loan servicing databases and systems, including but not limited to Shaw, ELAR, Credit Stream, LaserPro, CAC, and Appian Basic knowledge of federal banking regulations, especially those related to commercial lending Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook Associate degree or equivalent combination of education and experience required 1+ years financial services experience required Bachelor's degree preferred Commercial lending experience preferred Benefits Employer sponsored health, dental, and vision insurance 401(k) Life insurance Paid vacation Paid personal time Career development Education assistance Voluntary supplemental benefits Company Overview Commerce Bank is a commercial bank that offers financial products and banking services. It was founded in 1865, and is headquartered in Kansas City, Missouri, USA, with a workforce of 1001-5000 employees. Its website is