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2 Loan Servicing Specialist Jobs in Spencer, IA

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Northwest FInancial
Spencer, IA | Full Time
$30k-38k (estimate)
1 Month Ago
Northwest FInancial
Spencer, IA | Full Time
$34k-43k (estimate)
1 Month Ago
Loan Servicing Specialist
$30k-38k (estimate)
Full Time | Investment Management 1 Month Ago
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Northwest FInancial is Hiring a Loan Servicing Specialist Near Spencer, IA

Essential Functions & Responsibilities
Include, but are not limited to:

  1. Perform system loan input and maintenance, as required.
  2. Ensure data integrity in the Loan Origination Systems (LOS).
  3. Provide operational support to branches including problem resolution, process improvement and efficiencies that are consistent with the corporate goals and objectives.
  4. Complete set up, processing and payment of escrow items on loans, as required.
  5. Serve as a backup for other position(s) and perform other duties, as assigned.
  6. Enhance career through work experience and continuing education.
  7. Maintain compliance with federal, state and local laws and regulations.
  8. Participate and respond to examinations, audits and third party reviews.
  9. Comply with the Information Security Program and is accountable for maintaining a high level of risk and security awareness.
  10. Establish a good image for the Bank by being active and visible in the community.
  11. Attend meetings as assigned.
  12. Develop a working knowledge of the Bank’s products and services through usage and webex attendance to provide quality customer service while building relationships and exceeding expectations.

Supervisory Responsibilities This job has no supervisory responsibilities.
QualificationsTo perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education & Experience High school diploma or general education degree (GED) required; one year of related experience and/or training preferred; or equivalent combination of education and experience.
Language Above average verbal and written communication skills. Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Math Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
Reasoning Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret a variety of instructions in written, mathematical or diagram form and deal with several abstract and concrete variables.
Certificates, Licenses, RegistrationsMust have a valid driver’s license and be willing to travel to outlying branch areas, as business needs dictate.
Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this light physical work position, the employee is regularly required to sit, talk or hear. The employee is occasionally required to stand, walk, use hands to finger, handle or feel, reach with hands and arms, climb or balance, stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus. Close up visual attention to detailed materials and effective hearing/verbal communication skills are needed. Must make accurate visual inspection of printed and/or written materials. Must be able to follow written and oral instructions. Regular customer service problem solving using established variables.
Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is occasionally exposed to moving mechanical parts and outside weather conditions. The noise level in the work environment is usually moderate.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Investment Management

SALARY

$30k-38k (estimate)

POST DATE

04/26/2023

EXPIRATION DATE

05/12/2024

WEBSITE

bank-northwest.com

HEADQUARTERS

CRESTON, IA

SIZE

50 - 100

FOUNDED

1988

CEO

RANDY HUEWE

REVENUE

$50M - $200M

INDUSTRY

Investment Management

Show more

Northwest FInancial
Full Time
$29k-35k (estimate)
1 Week Ago
Northwest FInancial
Full Time
$32k-40k (estimate)
1 Month Ago
Northwest FInancial
Full Time
$127k-183k (estimate)
3 Months Ago

The job skills required for Loan Servicing Specialist include Customer Service, Problem Solving, Written Communication, Verbal Communication, Products and Services, Process Improvement, 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.

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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.

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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