Loan Processing Specialist I

S&T BankStreet, MD
$15 - $22Onsite

About The Position

Provides internal and external customer service in a centralized Loan Servicing Center and performs various administrative and clerical duties in support of the operation of the Loan Systems Department (Loan Processing and/or Insurance/Escrow processing).

Requirements

  • Requires a high school diploma or equivalent basic academic education.
  • Up to one year required general experience.
  • Operates a keypad device: 98% of the day; operates office equipment: 2% of the day.
  • Sitting is required 99% of the day in a straight position.
  • There is minimal lifting required in this job.
  • Utilizes fingers and manual dexterity skills for typing, filing, and data entry on a frequent basis, up to 95% of the business day.
  • Possess the ability to focus visually at a close distance of 18”-20” for a period of up to 85% of the business day.
  • Must be able to occasionally lift and/or move up to 20 lbs, stand, walk, and reach with hand and/or arm throughout the business day.

Responsibilities

  • Performs file review and on-line data entry and verification of loans (installment, mortgage, commercial, Letters of Credit, & PCR), which includes establishing accounts for guarantors and co-borrowers.
  • Floor plan maintenance and daily processing
  • Maintains application systems by performing maintenance tasks and reviewing reports such as Maintenance Cross-check.
  • Performs account maintenance such as billing adjustments, payment schedules, risk rating changes, commitment and note changes, etc.
  • Completes the review of loan billings and late notices and researches and resolves any discrepancies.
  • Enters and maintains information concerning maintenance on the IBS tickler system.
  • Morning report and loan document preparation for daily processing.
  • Provides application system assistance and training to bank personnel as needed.
  • Researches and resolves questions for both internal & external customers.
  • Maintains a good working relationship with all bank employees.
  • Demonstrates the ability to work independently.
  • Works as a team player to contribute to the success of the department and in turn the organization.
  • Assumes additional duties as required.
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