Loss Containment Servicing Representative
Commerce Bank

About Working at Commerce

Building a career here is more than just steps on a ladder. It's about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn't stop there. Our culture is about our people, the ones in our communities and the ones that work with us.

Here, you'll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You'll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let's talk.

Compensation Range
Hourly: $16.10 - $18.75 (Amount based on relevant experience, skills, and competencies.)

Essential Functions

• Perform administrative tasks, including the input of data into the charge-off database to charge off deficiency balances after collateral is sold
  
• Post collateral sale proceeds and calculate deficiency/surplus balances
  
• Generate both pre-sale and post-sale notices per regulatory requirements
  
• Update system of record with returned mail status
  
• Process, sort and deliver inter office mail and faxes
  
• Process date of death validations and imaging
  
• Route credit bureau disputes to the Regulatory Risk team
  
• Process repossession and remarketing invoices
  
• Process insurance claim payments and ancillary product cancellation refunds
  
• Perform other duties as assigned
  

Knowledge, Skills & Abilities Required

• Basic proficiency with loan servicing systems
  
• Excellent customer service skills
  
• Ability to ask questions, offer solutions, retain information and apply details to future situations
  
• Ability to maintain a high degree of confidentiality
  
• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
  
• Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
  
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
  
• Basic level proficiency with Microsoft Word, Excel and Outlook
  

Education & Experience

• High School Diploma or equivalent combination of education and experience required
  
• 1+ year customer service experience required
  
• Collections experience preferred
  

*** For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Loss Containment Servicing Representative job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $16.10 to $18.75 per hour.

#LI-Hybrid

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.

Location: 811 Main St, Kansas City, Missouri 64105

Time Type:
Full time

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