What are the responsibilities and job description for the Loan Servicing Specialist - Consumer Lending position at Valley Bank?
Responsibilities Include But Are Not Limited To
Required Skills
- Setup and maintain ACH payments.
- Process installment loan payoffs.
- Process returned checks on loan payments.
- Process monetary adjustments to loan records.
- Maintain general ledger reconciliations for various cost centers.
- Verify signatures on advance checks for home equity and cash value credit lines.
- Disburse monthly statements and earnings to car dealerships for the purchase of indirect auto loans.
- Monitor and research daily reports for BSA compliance.
- Review various Miser reports for accuracy.
- Prepare monthly reports for senior management.
- Assist with special projects when required.
Required Skills
- Good communication skills both verbal and written.
- Good phone skills needed for customer contact.
- Basic PC skills including general understanding of databases and Microsoft Word/Excel.
- Excellent mathematical skills. Ability to work with complex figures.
- Strong attention to detail.
- Ability to review loan documentation for completeness and accuracy.
- Ability to handle multiple tasks simultaneously.
- High School Diploma or GED and a minimum of three years' related bookkeeping experience.
- Associate's Degree or 3 years of accounting/bookkeeping experience preferred.