Job Information
Mercantile Bank of Michigan Serviced Loan Risk Asset Specialist II in Grand Rapids, Michigan
Join Mercantile Bank as a Full Time Serviced Loan Risk Asset Specialist II! This exciting role allows you to delve into the world of default management, performing collections, loss mitigation and foreclosure activities in a dynamic work environment. This position offers a competitive salary that reflects your expertise and dedication to the role. Are you ready to make a difference in the world of serviced loan default management?
Apply today and be part of our team! As a team member you'll be able to enjoy benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Health Savings Account, Flexible Spending Account, Competitive Salary, Paid Time Off, and Employee Discounts. Embrace the opportunity to excel in a forward-thinking and professional work culture.
A LITTLE ABOUT MERCANTILE BANK
Mercantile Bank was created with a goal to deliver financial solutions that empower people and businesses to achieve their dreams, while bettering the lives of its employees and their communities. We have grown from a humble idea to over 40 locations, 5.25 billion in total assets, and nearly 700 employees. Our values remain at the heart of everything we do - through inclusivity, innovation, and collaboration, we achieve excellence every day and are accountable not only to our customers, but to our employees and the communities in which we serve. We are proud to invest in our people and our communities, and our employees show their integrity in every interaction. We believe in hiring people based on their character and if necessary, teaching them the skills they need to be successful. We focus on developing employees and seek to promote from within whenever possible. Our reputation as a great place to work didn't just happen. Our intentional efforts to provide excellent benefits, competitive wages and bonuses, volunteer opportunities, and many options for you to get involved, whether your interest is in learning more about banking, sharpening your leadership skills, or planning a fun activity we have a way for you to get connected with others in the bank and the community. We're proud (but honestly not that surprised) to be one of West Michigan's Best and Brightest Companies to Work For, 20 years and counting.
WHAT WOULD YOU DO AS A SERVICED LOAN RISK ASSET SPECIALIST II
As a Serviced Loan Risk Asset Specialist II at Mercantile Bank, you can expect to manage a revolving portfolio of higher risk mortgage loans from early delinquency through foreclosure. Your role will involve conducting in-depth analyses of loan assets, collaborating with internal teams to ensure compliance, and providing recommendations for risk mitigation strategies. Your daily tasks will revolve around data interpretation, risk evaluation, and report generation to support informed decision-making processes. This full-time position operates on a Monday-Friday schedule from 8 am to 5 pm, allowing you to maintain a consistent work-life balance while contributing to the bank's risk management objectives. After the initial training period, there is the opportunity to work hybrid, from the 310 Leonard office and home.
Join us in this exciting role where your problem-solving skills and attention to detail will be put to the test!
WHAT YOU NEED TO BE SUCCESSFUL
To excel as a Serviced Loan Risk Asset Specialist II at Mercantile Bank, a strong foundation in managing serviced loans with an empathetic approach is essential. The ideal candidate will possess excellent analytical skills to interpret complex loan data and identify potential risks effectively. Attention to detail is key in this role, as you'll be responsible for conducting thorough evaluations and generating accurate reports.
Strong communication skills are also crucial to collaborate with customers and internal teams. Problem-solving abilities and a proactive mindset will enable you to address cha