Commercial Loan Specialist

Job Posted 11/14/2024

Colorado Housing and Finance Authority

Colorado Springs, CO

United States

Category Other

Job Description

Job Details

Job Location
Colorado - CO

Salary Range
$51,000.00 - $60,000.00 Salary/year

Description

position

Commercial Loan Specialist

division/department

Asset Management/Commercial Loan Servicing

classification

Non-Exempt

nature of position

This position requires a highly motivated and take-charge commercial loan servicing professional that understands the importance of providing superb customer service, the interdivisional impact commercial loan servicing plays, and its importance as a resource for both internal and external customers. The position reports to the Manager of Commercial Operations & Underwriting.

essential functions

Regularly:

Monitor all commercial insurance coverage, proactively contacting insurance providers for new premium and policy data;
- foster strong working relationships with the insurance providers and property management firms
- contact borrowers with non-escrowed loans for evidence of insurance
- provide monthly insurance status reports
- accurately post loan payments
- monitor of State and County UCC filing continuations and providing monthly status reports
Process all commercial payments in the form of checks, wires, and manual ach

As needed:

Comply with all Internal and External Audit requests and guidelines
Complete vendor set-up/changes upon approval.
Complete applicable items of Phase II Part I, Phase II Part 2, and a portion of Phase III of the Commercial Loan Payoff Checklist
Submit disbursement requests for insurance and paid-off loans
Respond to audit confirmations;
Update procedures related to job tasks
Monitor requests that come through CS Support emails
- i.e. requests for Insight user accounts and other loan-related requests
- filter point for CLS faxes
Prepare documents for scanning, mail pickup and delivery, departmental policy, procedure, and desktop documentation
Provides back up support as directed for all areas of Commercial Loan Servicing
Participate in and contribute to all activities and/or projects that directly support CHFA in fulfilling its mission and achieving its vision through dedication to the community in which CHFA serves, operational excellence, and fiscal responsibility
Solid understanding of laws and regulations to ensure proper compliance and oversight on business processes.
Other duties as assigned

knowledge, skills, and ability

Must possess:

Strong interpersonal and organizational skills
Strong and ethical decision making skills
Ability to communicate, both orally and in writing, in an effective and diplomatic manner
Strong customer service skills
Effective leadership skills
Abilities that reflect our values:
- Ability to continuously improve and develop knowledge and skills, while adapting quickly to changing circumstances and processes
- Ability to work towards inclusion in all activities, and decisions through the solicitation and appreciation of diverse perspectives
- Ability to exercise personal accountability in all activities and decisions
- Ability to embrace a culture of operational excellence to ensure processes are continually evaluated and improved as necessary
- Ability to operate with a sense of integrity
- Ability to have fun with a demonstrated sense of humor
- Ability to establish rapport with persons of diverse ethnic, racial, and cultural backgrounds

experience/education

Minimum of two (2) years of previous work experience in commercial loans and performing related functions.

equipment used

Computer; calculator; photocopier, fax machine, and Smartphone.

physical environment

The incumbent in this position will perform the essential functions of the position in a hybrid environment, which requires sitting at a desk for most of the day with or without accommodation. This position requires medium to levels of interaction and collaboration with others.

validation statement

This job description is a general description of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform.

hiring range

$51,000 -$60,000

benefit information

Comprehensive medical, dental, and vision insurance plans, with competitive rates
Generous Paid Time Off, including paid volunteer time and leave programs
Please visit our benefits page for additional information

how to apply

External candidates: Please submit your resume online at www.chfainfo.com/careers - Job Opportunities Tab

The position closes on November 30, 2024, or until the position has been filled.

With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority prohibits unlawful discrimination against applicants or employees on the basis of age 40 years and over, race, sex, sexual orientation, gender identity, gender expression, color, religion, national origin, disability, military status, genetic information, marital status or any other status protected by applicable federal, state or local law. Requests for reasonable accommodation, the provision of auxiliary aids, or any complaints alleging violation of this nondiscrimination policy should be directed to the nondiscrimination coordinator, 1.800.877.2432, TDD/TTY 303.297.7305, CHFA 1981 Blake Street, Denver CO 80202-1272, available weekdays 8:00 a.m. to 5:00 p.m.