Correspondent Loan Specialist

Pay Range: $28.88 - $38.51NBT Correspondent Loan Specialists is responsible for administration of complex credit facilities including interest rate swaps, participations, syndications and letters of credit (domestic and international) They independently perform complex operational tasks within commercial loan Operations with advanced knowledge of business processes. Utilize technical expertise in the designated area and resolve escalated issues. Apply advanced knowledge of commercial loan documentation and products, commercial setup in loan accounting system, policy, procedures, regulations, and law to area of focus ensuring accurate completion of assigned responsibilities. Analyze and complete requests for creation of LC documentation and setup, maintenance, verification, and data collection. Work with correspondent banks in settlement of payments and draws and letters of credit. This role supports both monetary and non-monetary transactions, which require reconciliation.

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