Kansas City, MO, USA
8 days ago
Loss Containment Servicing Representative

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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