Sterling National Bank Senior Commercial Loan Servicer in Lake Success, New York

Senior Commercial Loan Servicer

Tracking Code 218998-912

Job Description

Sterling National Bank is an organization committed to strong growth. Our significant accomplishments are a direct result of continuous hard work by our solid team of dedicated professionals. As we continue to grow and expand across all business sectors we seek talented individuals who can meet our demands for success.

Our competitive advantage is our people who tirelessly work to exceed expectations.

We have something special here at Sterling. We not only offer competitive salaries and comprehensive benefits we are also characterized by an unwavering commitment to high achievement, we offer a diverse environment hosting a multitude of dedicated, talented and driven individuals who value honesty, integrity and go above and beyond for their clients.

It’s an exciting time to work for Sterling National Bank. If you are looking for a unique employment experience and are driven to achieve in a dynamic growth-minded environment you have come to the right place.

What you will do:

Responsible for the daily activities associated with servicing commercial loan portfolios. Responsible for accurate completion of transactions and maintenance of the loan. Some of the daily transactions include responding to client queries, processing advances, payments, updating rates, reconciliation, updating payment methods, preparing payoff letters, calculating prepayment penalties, preparing satisfactions, working with external counsel on preparation of assignments, responding to billing and payment inquiries, booking all loan types. In addition, there are several exception reports that are monitored and actioned to proactively monitor the risk of the portfolio. A successful loan servicer works closely with the Closing Team, Real Estate Administration Team, Managing Directors and their teams, Credit, Asset Recovery, Collateral Management, Deposit Operations, Legal, Finance, Quality Control and Compliance. Ensure compliance with regulatory requirements and with bank’s policies and procedures. Embrace and deliver Sterling National Bank’s brand values and core competencies in everyday interaction. Exhibit ethical behavior and integrity in everyday business conduct.


Required Skills

  • Minimum associated degree with an emphasis in Business Administration or equivalent work experience.

  • Strong verbal and written communication skills.

  • Exceptional problem solving and multi-tasking skills with attention to detail.

  • Effective time management, organizational and prioritization skills.

  • Excellent interpersonal skills and team orientation.

  • Working knowledge of Microsoft product suite (excel, word, outlook, etc.)

  • At least 5 years of commercial lending administration banking experience.

Job Location Lake Success, New York, United States

Position Type Full-Time/Regular

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We are an equal opportunity employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class.