What are the responsibilities and job description for the Consumer Loan Servicing Associate position at Shore United Bank?
Shore United Bank is seeking a full-time**Consumer Loan Servicing Associate**to join our team. This position is responsible for executing the daily functions of the Loan Servicing Department to ensure that all loan accounting records are maintained with accuracy and integrity while meeting all regulatory and Bank loan policy and procedure requirements; primarily but not limited to establish loans on the core system, review loan documentation for accuracy, establishing and maintaining loan records, communicating with appropriate personnel.
Essential Functions Include
Position Type/Expected Hours Of Work
Essential Functions Include
- Establish new and maintains existing loan records on the core system.
- Establish new and maintains existing loan collateral records on the core system.
- Communicate and document loan payoffs to external and internal requests.
- Process transactions related to loan servicing including system maintenance upon request per Management, Loan Officer, or customer.
- Prepare required source document for Maintenance review to remain compliant with regulations, policies, and operating procedures.
- Creates or maintains records for government, regulatory and management reporting, and review.
- Reconciles various loan related accounts.
- Ensures prompt, efficient, and courteous delivery of loan servicing to appropriate bank personnel and external customers.
- Investigates and resolves discrepancies as needed.
- Review and distribute customer notices.
- Cooperate with, participate in, and support the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g., Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.
Position Type/Expected Hours Of Work
- Full-time.
- Non-exempt.
- Days of Work: Monday-Friday.
- High school diploma/GED equivalent.
- 1 year experience successfully providing excellent customer service in a fast-paced environment.
- The pay range for this position is $19.00 to $25.00 hourly.
- Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.
Salary : $19 - $25