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Loan Servicing Specialist
WBD, Inc Oshkosh, WI
$35k-45k (estimate)
Full Time | Business Services 7 Days Ago
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WBD, Inc is Hiring a Loan Servicing Specialist Near Oshkosh, WI

A rewarding career opportunity in a professional work environment exists for you with WBD in Oshkosh!

We are seeking a full-time Loan Servicing Coordinator to join our team. This is a full-time position in our Oshkosh office.

The Loan Servicing Coordinator works closely with borrowers, banking partners, insurance agents and SBA to provide high-quality support to ensure timely, consistent servicing, monitoring, and compliance of WBD’s SBA loan portfolio.

Duties include processing routine requests for information to assist in monitoring and ensuring compliance within the loan portfolio. This may include work related to annual risk assessment of borrowers, ensuring proper insurance is in file, verify job creation compliance, prepare management reports, communicate with new and existing borrowers regarding their requests for loan servicing, payoffs, and general inquiries. The Loan Servicing Coordinator will also assist with other process improvement projects as needed.

Regardless of your experience level, WBD is interested in candidates with:

  • Effective team collaboration
  • Focus on effective customer service
  • Effective written and verbal communication skills
  • Excellent time management skills (handle multiple priorities simultaneously).
  • Competent in MS Office and Adobe Acrobat.
  • Detail oriented individuals who are diligent, conscientious, and thorough.

A successful candidate will be highly organized, detail-oriented, and demonstrate accountability. Experience in commercial banking operations, loan processing and/or servicing are preferred. Specific experience related to SBA loans a plus. Associate degree in business, finance or related field is preferred. Position open for various levels of experience, wage commensurate with experience.

WBD is a leader in training and developing staff in the commercial finance industry and is committed to a personal development plan for every employee. WBD offers competitive pay, an incentive bonus program, health insurance, 401k match, and a generous PTO policy. WBD is an equal opportunity employer.

WBD is one of the nation’s most successful Certified Development Companies, a mission-driven organization assisting businesses in gaining access to capital in order to grow, create jobs and build their communities. Since 1981, WBD has provided $3 Billion in financing to thousands of businesses and currently has a commercial portfolio of over $1 Billion.

Job Type: Full-time

Pay: $22.00 - $28.00 per hour

Expected hours: 40 per week

Benefits:

  • 401(k) matching
  • Dental insurance
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Professional development assistance
  • Referral program
  • Vision insurance

Schedule:

  • 8 hour shift

Application Question(s):

  • How many years of experience do you have assisting with loan documentation?
  • How many years of experience do you have in a banking or closing role?

Ability to Relocate:

  • Oshkosh, WI 54904: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$35k-45k (estimate)

POST DATE

05/08/2024

EXPIRATION DATE

09/03/2024

WEBSITE

wbd.org

HEADQUARTERS

OSHKOSH, WI

SIZE

100 - 200

FOUNDED

1981

TYPE

Private

CEO

JASON MONNETT

REVENUE

$10M - $50M

INDUSTRY

Business Services

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The job skills required for Loan Servicing Specialist include Loan Servicing, Customer Service, Loan Processing, Time Management, Verbal Communication, Professional Development, 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.

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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