2 Loan Servicing Specialist Jobs in Allen, TX
Texas Regional Bank is Hiring a Loan Servicing Specialist Near Allen, TX
- Ensure timely completion of loan boarding.
- Review loans are entered and coded correctly and accurately to ensure accurate reporting in compliance with federal and state regulatory requirements as well as general bank financial reporting requirements.
- Process non-accrual and charge-off transactions.
- Review Outside Council Loan Documents
- Process Loan Recoveries
- Process Incoming payoffs and collateral release.
- Tracking of collateral hazard and flood insurance
- Provides payoffs, loan verifications, and processes releases of lien.
- Works with third party vendors to resolve hazard insurance coverage issues.
- Maintain collateral files and documentation.
- Monitor and maintain loan escrow account to ensure taxes / insurance payments are processed correctly and timely.
- Weekly, Month and Annual GL Balancing & Reconciliation required.
- Assist in callback duties for loan payments, advances and new loans.
- Assist with the prompt clearing of documentation exceptions. Follows up with lenders and/or attorney to clear exceptions as soon as possible after they are posted.
- Assists with UCC Lien searches post funding of loans.
- Assists department in any other project as needed.
- Performs additional duties as requested.
- Support and promote the Bank vision, mission and core values, organizational structure and policies and procedures.
- Must have excellent analysis, observation and decision-making skills.
- Highly focused, able to rapidly determine key priorities, clearly communicate the priorities and ensure resources are properly aligned.
- Excellent interpersonal and communication skills are necessary for maintaining effective relationships with Board members, officers, employees, and members of the business and civic community.
- Individual should be able to work under high pressure situations and a stressful atmosphere and then should remain composed.
- Provides a strong, compassionate and visible leadership, which fosters positive attitudes and trust among employees, customers, and prospects.
- Other duties as assigned.
- A self-starting team player who possesses a High School Diploma or GED.
- 5 years or more of banking experience with a minimum of 3 years in loan documentation (preferred).
- PC literate and knowledge of spreadsheet and word processing software are required.
- Attention to detail and a high degree of mental concentration are required, as well as the ability to multi-task.
- Knowledgeable in loan compliance and regulations.
- Must be physically present in the bank to perform job duties.
- Texas Regional Bank is an Equal Opportunity Employer.
Job Summary
Full Time
Banking
$31k-40k (estimate)
03/24/2024
06/19/2024
texasregionalbank.com
HARLINGEN, TX
100 - 200
2010
PAUL S MOXLEY
$10M - $50M
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.
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.
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