Webster Bank

Senior Associate, Commercial Loan Servicing

NY LI Jericho, USA · Senior · Contract

Sponsorship not specifiedDetected 25 days ago

ExcelResearchCommunicationCollaborationProblem SolvingTime ManagementMicrosoft Office

About the role

If you're looking for a meaningful career, you'll find it here at Webster.
As a leading commercial bank, we remain passionate about serving our clients and supporting our communities.
Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Maintain accurate insurance records (flood, hazard, and general liability) within the core loan servicing system and third-party vendor platforms
Establish, maintain, and update commercial loans in vendor platform, including new loan boarding, loan modifications, renewals, and payoffs
Review tax delinquency reports and collaborate with Relationship Managers to resolve issues
Manage escrow overage refunds and process borrower disbursements in accordance with policy and regulatory requirements
Maintain compliance with all applicable regulations, policies, and procedures
Support system maintenance, research requests, and other departmental functions as assigned
Ability to effectively multitask and manage competing priorities

Perform annual and interim escrow analyses, including payment projections, shortage/overage calculations, and payment adjustments

Monitor insurance coverage to identify expirations, discrepancies, or lapses and take appropriate corrective action
Track, monitor, and maintain flood insurance coverage on all applicable loans to ensure continuous compliance with regulatory and bank requirements

e consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disabili

This listing is sourced directly from Webster Bank's careers page and normalized into a canonical job model.