3 Loan Servicing Specialist Jobs in Walpole, MA
Walpole Co-operative Bank is Hiring a Loan Servicing Specialist Near Walpole, MA
This role will include some hybrid flexibility following an initial training period.
Loan Servicing Specialist Qualifications and Skills
- High school diploma or equivalent
- Up to two (2) years of banking experience or relative experience preferred
- High level of accuracy and detail-orientation
- High level of motivation and self-initiation
- Strong problem-solving and critical thinking skills
- Ability to meet deadlines and prioritize workflow
- Effective written and verbal communication skills
- Proficiency with Microsoft Office Suite
Why You Should Apply
- Competitive salary with weekly pay
- 80% employer paid premiums for health, dental and vision insurance with FSA and HRA programs (50% of annual deductible covered on HRA)
- 401(k) and 2:1 match, fully paid pension plan, generous paid time off, 100% tuition reimbursement up to 7K per year, 100% paid life insurance, and more!
Loan Servicing Specialist Job Responsibilities
- Prepare and maintain commercial and construction loan files
- Process loan closing document package by collecting, verifying, and entering loan data
- Ensure proper loan file set-up and assist in the identification of loans eligible for the Federal Home loan Bank of Boston (FHLBB)
- Prepare reports and communications using Business Analytics and Fiserv Premier
- Establish escrow accounts and assist with tax servicing for escrow and non-escrow accounts; coordinate with Loan Officers regarding any delinquencies
- Respond to all telephone inquiries; assist customers with problem resolution or concerns
- Provide administrative assistance for construction loan portfolios
- Book residential loans via NXTsoft software; coordinate with Residential Mortgage department to ensure proper maintenance of residential loan files
- Monitor consumer collections and past due reports; contact delinquent customers
- Accurately prepare quality control audits for new commercial and construction; notify Loan Officers or customers of missing or incomplete information
- Update weekly T-bill and FHLBB Cost of Funds rates and reconcile Freddie Mac transactions
About Walpole Co-operative Bank
Walpole Co-operative Bankis an equal opportunity employer, dedicated to building an inclusive and diverse workforce.
Job Summary
Full Time
Banking
$36k-46k (estimate)
11/25/2023
05/16/2024
walpolecoop.com
WALPOLE, MA
25 - 50
1912
Private
JOSEPH V SCHOLL
$5M - $10M
Banking
Related Companies
The job skills required for Loan Servicing Specialist include Loan Servicing, Customer Service, Microsoft Office, Problem Solving, Verbal Communication, Commitment, 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.
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