Loan Servicing Analyst I or II - Loan Insurance

Tri Counties Bank•Chico, CA

13d•$21 - $22

About The Position

POSITION SUMMARY: Loan Servicing Analyst I The Loan Servicing Analyst I will process exception loan payments and executes loan functions assigned by the department supervisor or other more senior personnel. The functions include generating simple loan payoffs, generating loan amortization schedules, processing loan payments, executing core system entries, working time sensitive reports, all to support branch and department personnel. The Loan Servicing Analyst I may execute payments and other adjustments as necessary so that the department entries balance daily. POSITION SUMMARY: Loan Servicing Analyst II The Loan Servicing Analyst II will research and processes exception loan payments and execute loan functions with support from senior personnel and department supervisors as needed. The Loan Servicing Analyst II processes functions that include but are not limited to exception loan payments, loan payoffs (including partial payoffs and partial collateral release involving lot adjustments/splits), loan amortization issues, variable rate changes, time sensitive reports, system entries and adjustments that are beyond branch/department skillset or authority, all to support branch and department personnel. The Loan Servicing Analyst II may review disputes for adjustments and process after review with senior personnel. The Analyst may also review and process escrow transactions and general ledger certifications.

Requirements

4 year degree or high school diploma and equivalent work experience
Able to organize and handle multiple tasks
Excellent verbal and written communication skills.
Proficient MS Office Skills in Word/Excel/PowerPoint.
4 year degree or high school diploma and equivalent work experience
2-3 years’ experience servicing loans or equivalent work experience.
Proficient in most facets of the job responsibilities with a working knowledge and understanding of loan servicing.
Ability to work and solve problems independently following Tri Counties Bank policies and procedures.
Exceptional organizational skills to accommodate multiple areas.
Excellent verbal and written communication skills.
Proficient MS Office Skills in Word/Excel/PowerPoint.

Responsibilities

Assists department and other business units and branch personnel with loan related matters that may exist after boarding.
Maintain adherence to established operational procedures from other departments, providing ongoing monitoring for accuracy.
Follow operational programs/procedures/job aids as assigned.
Identify payment issues and correct as instructed by senior personnel.
Generate simple payoff demand requests on consumer loans.
Investigate out of balance conditions and payment errors.
With guidance from more senior personnel, resolve discrepancies between Promissory Note and core system
Process various daily Signature queries & Nautilus reports that are time sensitive, including but not limited to: Matured Loan query, Automatic Loan Payment Exception Journal.
Provide data to senior management for audit and exam campaigns.
Process approved disbursement requests from Construction Lending group.
As instructed, process incoming wires for loan related activity.
Execute outgoing wires as instructed.
Assists department and other business units and branch personnel with loan related matters that may exist after boarding
Maintain adherence to established operational procedures from other departments, providing ongoing monitoring for accuracy.
Follow operational programs/procedures/job aids as assigned.
May be tasked with updating.
Participate in ongoing product/system implementation as needed/assigned.
Along with Senior personnel, review loan structure upon boarding to ensure accuracy of setup, billing, and payment posting hierarchy.
Execute adjusting payment entries as instructed.
Coordinate more complex payoff calculations on consumer and some business/commercial loans.
Provide assistance to internal business units for out of balance conditions and payment errors.
Collaborating with appropriate business units as needed, resolve discrepancies between Promissory Note and core system
Process various daily Signature queries & Nautilus reports that are time sensitive, including but not limited to: Matured Loan query, Automatic Loan Payment Exception Journal.
Provide data and responses to audit and exam campaigns.
Assist in performing loan callback to ensure accuracy
Review, approve, and process disbursement requests.
Validate and process incoming wires for loan related activity.
Execute outgoing wires as necessary