Loan Servicing Specialist Job at Calculated Hire, Chicago, IL

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  • Calculated Hire
  • Chicago, IL

Job Description

Entry-Level Commercial Loan Servicing Analyst

Chicago, IL – Hybrid

$54K/Year + training completion incentives

JOB SUMMARY

Calculated Hire is looking for entry-level loan servicing analysts who are interested in launching their career in Commercial Banking. This is a unique opportunity to kick-start your career in a high-demand skillset! You’ll gain hands-on experience in transaction processing, issue investigation, and process improvement while developing analytical and problem-solving skills. You’ll work closely with internal teams and partners to ensure smooth operations and contribute to a culture of continuous improvement. You will be provided with additional technical training and professional mentorship to help you grow into a SME and diversify your banking knowledge.

KEY RESPONSIBILITIES

Product & Process:

  • Process transactions and perform basic audits with accuracy and timeliness.
  • Investigate discrepancies and assist in resolving non-routine issues through analysis and collaboration.
  • Support internal teams and customers by providing responsive, knowledgeable service.
  • Contribute to process improvements by identifying inefficiencies and sharing insights.
  • Participate in small projects and help test new tools or procedures.

Risk & Compliance:

  • Follow company policies to protect sensitive information and ensure regulatory compliance.
  • Escalate risks or unusual findings to senior team members.
  • Assist with audit responses and regulatory reporting.

Performance & Service:

  • Monitor work quality and share performance updates to help improve team outcomes.
  • Deliver consistent, reliable support that builds trust with internal and external partners.
  • Align your work with team goals and contribute to a collaborative, high-performing environment.

DESIRED QUALIFICATIONS

  • University degree in accounting, finance, or a related field.
  • Banking industry experience highly desirable
  • Strong analytical and problem-solving skills
  • Strong investigation skills
  • Strong prioritization skills
  • Strong organizational skills
  • Strong customer service and relationship management skills
  • Strong written and oral communication skills
  • Ability to multi-task in a fast-paced environment

Nice to Have:

  • Basic knowledge and understanding of lending products and services, processes and controls is a plus
  • Experience or knowledge of lending systems and applications is a plus
  • Experience with Adobe Editor is a plus
  • Knowledge of Commercial Loans is a plus but not necessary
  • Experience with Credit Agreements is a plus

What’s in it for you…?

  • Through our Elevate program, you’ll be provided additional position relevant training through our online learning management system, customized to help you specialize in areas you’re passionate about and excel in your career.
  • This role will allow the individual to gain a solid foundation on understanding Corporate and Commercial lending, loan accounting, financial risk and controls
  • Develop knowledge of complex lending structures including collateralized and specialty lending
  • Develop of communication skills through Customer interaction
  • Opportunity to gain high visibility with upper management and learn from skilled senior team members.
  • Position yourself for future growth and leadership opportunities within the organization.
  • Networking opportunities through Calculated Hire sponsored events like manager-led Lunch & Learns

ABOUT EIGHT ELEVEN:

Eight Eleven Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, national origin, age, sex, citizenship, disability, genetic information, gender, sexual orientation, gender identity, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state, and local laws.

Job Tags

Local area,

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