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OneMain Financial
Sioux Falls, SD | Full Time
$58k-81k (estimate)
3 Days Ago
1st Financial Bank USA
Sioux Falls, SD | Full Time
$30k-39k (estimate)
1 Day Ago
Loan Servicing Specialist
1st Financial Bank USA Sioux Falls, SD
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$30k-39k (estimate)
Full Time 1 Day Ago
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1st Financial Bank USA is Hiring a Loan Servicing Specialist Near Sioux Falls, SD

**Loan Servicing Specialist**

Location **Sioux Falls, SD**

Apply Now (https://phg.tbe.taleo.net/phg03/ats/careers/v2/applyRequisition?org=FFBUSA&cws=42&rid=968)

**Title:** Loan Servicing Specialist

**Job Overview:**

Builder Finance Inc. (BFI) is a mortgage lender to home building companies and rental home investment companies across the country. Clients chose BFI for great pricing, great terms, and an industry-leading customer experience. Details available at BuilderFinance.com.

The Loan Servicing Specialist position is responsible for critical financial data. Work expected to include the items listed below.

Input data of new loans into banking software.

Update outstanding loans in banking software.For example, reflect drawdowns, payments, extensions, modifications, and payoffs.

Send checks and wires to clients and title companies as directed.

Setup recurring ACH payments for clients.

Handle missed and failed payments.

Verify and update fund recipient information.

Prepare periodic reports.

Assist with drafting of closing and payoff statements.

Across all responsibilities, accuracy is the paramount concern. No travel will be required. Remote work is not available.

**Qualifications:**

**Preference given to candidates with similar work experience inside of a bank or other financial institution. Experience with Jack Henry Silver Lake is a plus.**

**We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental/vision insurance, generous paid leave program, 401(k), health savings account, tuition reimbursement, financial childcare assistance and much more!**

Builder Finance Inc. is an equal opportunity and affirmative action employer.

EEO: race/color/religion/sex/pregnancy/sexual orientation/gender identity/national origin/disability/or status as a protected veteran.

Builder Finance Inc. participates in E-Verify

E-Verify Participation Poster English and Spanish (uscis.gov)

IER Poster (justice.gov)

Job Summary

JOB TYPE

Full Time

SALARY

$30k-39k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

05/14/2024

WEBSITE

1stfinancialbankusa.com

HEADQUARTERS

Sioux Falls, SD

SIZE

<25

INDUSTRY

Banking

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The following is the career advancement route for Loan Servicing Specialist positions, which can be used as a reference in future career path planning. As a Loan Servicing Specialist, it can be promoted into senior positions as a Loan Servicing Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Servicing Specialist. You can explore the career advancement for a Loan Servicing Specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Loan Servicing Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Servicing Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Loan Servicing Specialist job description and responsibilities

Loan servicing specialist ensures all loan servicing disclosures are completely error free.

03/20/2022: Paramus, NJ

Loan servicing specialist executes quality control measures with respect to loan servicing.

03/12/2022: Raleigh, NC

Reviews completed audit disbursement, loan reconciliation and reports.

02/15/2022: Charleston, SC

Loan servicing specialists are responsible for the processing and approval of new loan applications, and for managing existing loan accounts.

04/15/2022: Biloxi, MS

Loan servicing specialists are responsible for the day-to-day management of mortgage, and other types of loans.

03/06/2022: Bridgeport, CT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Loan Servicing Specialist jobs

Acquire a high school diploma, trainings, and certifications to be a loan servicing specialist.

04/16/2022: Miami, FL

Loan servicing specialists can earn certifications to gain more theoretical knowledge of their responsibilities and further their career advancement opportunities.

02/25/2022: Fort Smith, AR

Gain knowledgeable about prepayments, payoffs, adjustable rate loans, credit reporting, and lien perfection.

05/08/2022: Kansas City, KS

Maintain knowledge of available loan products, processing procedures, and underwriting.

05/05/2022: Albuquerque, NM

Obtain an understanding of underwriting loans to meet secondary market guidelines.

04/28/2022: Albany, GA

Step 3: View the best colleges and universities for Loan Servicing Specialist.

Florida Southern College
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University of Notre Dame
Western Washington University
Canisius College
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