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COMMUNITY STATE BANK
Starke, FL | Full Time
$31k-40k (estimate)
7 Months Ago
Loan Servicing Specialist
$31k-40k (estimate)
Full Time | Lending & Credit 7 Months Ago
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COMMUNITY STATE BANK is Hiring a Loan Servicing Specialist Near Starke, FL

Loan Servicing Specialist
This position is responsible for supporting loan operations with analyzing loan documents for accuracy and compliance, booking loans onto the core system, creating and maintaining loan files, researching inquiries on existing loans in addition to tracking insurance, financials, and UCC’s in accordance with company policies and procedures. Provide superior customer service to both internal and external customers (Customer Service Representatives, Tellers, Vendors, other departments, etc.…) Other job duties as assigned.
Duties and Responsibilities:
  • Process paid off loan documentation.
  • Handle payoff requests and existing loan inquiries.
  • Mail billing, past due and matured loan notices daily.
  • Research auto transfer payments that have not been debited from accounts.
  • Handle payment reversals/corrections and billing corrections
  • Track, obtain and maintain current homeowners and business insurance certificates.
  • Track all recorded state and county UCC’s and process continuations and terminations.
  • Track all financial information; obtain annual updates as required.
  • Book loans, renewals and modifications into Core System
  • Create new loan files and add to ticklers as needed.
  • File incoming documentation in loan and credit files and in collateral vault.
  • Balance Loan in Process and research rejected loan transactions daily
  • Balance multiple accounts at month’s end including but not limited to Doc Stamps, VSI, GAP, and Credit Life.
  • Process loans on an as-needed basis
  • Perform other duties as assigned by management.
  • Fulfill responsibilities under the Bank Secrecy Act and Anti-Money Laundering regulations. This includes identifying customers properly, initiating CTRs and SARs investigations as needed, utilizing OFAC records and maintaining appropriate records.
  • Adheres to Bank’s policies and procedures and all Federal and State laws and regulations.
Qualifications:
Should be familiar with loan documentation and collateral paperwork. Candidate must have excellent organizational and communication skills and have the ability to maintain workflow follow-up. Attention to detail and accurately inputting information is a must. Candidate must have the ability to work well with others using a team concept. Must be able to effectively and professionally communicate with co-workers and customers.
  • High school degree or GED required.
  • 1 year loan operations experience preferred.
  • Proficient with MS Office including Word and Excel.
  • Demonstrated experience with accurate data entry, strong attention to detail and organizational skills.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Lending & Credit

SALARY

$31k-40k (estimate)

POST DATE

09/23/2023

EXPIRATION DATE

06/05/2024

WEBSITE

csbbankonline.bank

HEADQUARTERS

AUBURN, IN

SIZE

25 - 50

FOUNDED

1985

CEO

STUART HOOD

REVENUE

$10M - $50M

INDUSTRY

Lending & Credit

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The job skills required for Loan Servicing Specialist include Loan Servicing, Customer Service, Attention to Detail, Data Entry, Bank Secrecy Act, Billing, 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.

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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.

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Loan servicing specialists are responsible for the processing and approval of new loan applications, and for managing existing loan accounts.

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Loan servicing specialists are responsible for the day-to-day management of mortgage, and other types of loans.

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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.

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Loan servicing specialists can earn certifications to gain more theoretical knowledge of their responsibilities and further their career advancement opportunities.

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Gain knowledgeable about prepayments, payoffs, adjustable rate loans, credit reporting, and lien perfection.

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Maintain knowledge of available loan products, processing procedures, and underwriting.

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Obtain an understanding of underwriting loans to meet secondary market guidelines.

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Step 3: View the best colleges and universities for Loan Servicing Specialist.

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