Commercial Loan Specialist, Spectrum Recovery - Houston, TX

Zions Bancorporation Houston, TX
* Provides administrative and/or operational support within the one or more of the following loan areas; processing, closing, servicing, documentation, notes, disbursements, etc.

* May clear all identified loan exceptions.

* Maintains files, documents, notes, etc.

* Responsible for verifying completeness of files with all necessary documents and signatures required.

* Performs review of loan and collateral documents and loan packages to insure bank's security interest and adherence to established policies and procedures.

* Updates computer system with pertinent collateral information and collateral exception information; tracks and clears said exceptions.

* Works with lending staff in resolving discrepancies in collateral documentation.

* Research and process rejected payments and handles payments received when collateral is released.

* Calculate pre-payments penalties and coordinates settle escrow funds when a loan is paid off.

* Incumbent is responsible for conducting a complete and accurate payoff transaction.

* Produce reports as required.

* Other duties as assigned.