You haven't searched anything yet.
Monday - Friday 8:45 am - 5:15 pm
Responsible for all phases of the collection process to preserve the Credit Union's assets by monitoring overdrawn, delinquent, and charged-off accounts, collecting payments and recovering collateral in a timely manner to minimize losses. Project a friendly and professional attitude while assisting members with servicing existing loans and supporting the consumer loan team to help originate new loans. Maintain thorough and accurate documentation to ensure compliance with all applicable laws, regulations, policies, and procedures. Position requires extensive contact with members and the ability to exercise independent judgment with minimal supervision.
Job Skills / RequirementsMajor Duties & Responsibilites:
Perform a variety of collection duties including but not limited to:
Respond to members’ existing loan questions via phone, email, text, and fax promptly. Complete basic loan servicing operations including but not limited to: balance inquires, loan payments, changing payment frequencies and auto payments, and answering ancillary product questions.
Provide sales support to the loan origination team including: obtain verification documents, save documents into document imaging system, and assist members to electronically sign their documents.
Ensure liens are perfected on collateral securing a loan. Contact dealers and finance companies to obtain appropriate paperwork and coordinate with the member, as needed, to finalize our lien status.
Additional Information / BenefitsExpierence: Two years to five years of similar or related experience.
Education: High school diploma or equivalent.
Interpersonal Skills: A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature. Must possess strong verbal, written, and interpersonal skills. Work may involve motivating or influencing others. Present a positive and professional image to all employees and members. Ability to work independently and as a team player.
Other Skills: Ability to prioritize workflow. Ability to learn new things in a relatively short amount of time. Initiative and ability to handle multiple assignments concurrently. Ability to use an array of workplace technologies, including advanced skills using Outlook. Attention to detail and accuracy is essential. Possess solid problem-solving and negotiation skills. Must be bondable.
Equal Opportunity Employer Benefits: Medical Insurance, Life Insurance, Dental Insurance, Vision Insurance, Paid Holidays, Short Term Disability, Long Term Disability, 401K/403b Plan, Educational Assistance, 401K with company match & Paid Time Off (PTO)Screening Requirements: Criminal Background Check, Credit Check, Bondability, Education Verification, Employment Verification
Full Time
$32k-41k (estimate)
04/13/2024
06/28/2024
The job skills required for Loan Servicing Specialist include Loan Servicing, Consumer Loans, Attention to Detail, Problem Solving, Initiative, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Servicing Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Servicing Specialist. Select any job title you are interested in and start to search job requirements.
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.
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.