Loan Servicing Specialist

LendKey Technologies • Cincinnati, OH

220d • $18 • Hybrid

About The Position

LendKey, a financial technology firm and leader in 'lending-as-a-service' solutions, improves lives by making lending simple for credit unions, community banks, and their customers. LendKey partners with community-based financial institutions helping them to digitally originate loans, and to buy and sell loans with other financial institutions and fintechs. LendKey's digital lending networks have empowered over 350 financial institutions to offer competitive education and home improvement loan programs and increase their digital presence across various customer acquisition channels. LendKey services more than $2.8 billion in consumer loans and has helped our financial institution clients deploy more than $6 billion in loans since 2009. The Loan Servicing Specialist is responsible for Loan Servicing, Collections, and Maintenance functions in connection with loans and products. This includes processing forbearance refund & re-apply requests, preparation of payoff demand statements, and loan maintenance activities such as tracking and reviewing of pending loan documents and exceptions. This person will also perform collection activities such as communicating with past due and delinquent loan borrowers and cosigners by telephone (inbound and outbound) and providing written notices to ensure full repayment or arrangement of acceptable payment arrangements. The Loan Servicing Specialist will be required to demonstrate exceptional customer service skills.

Requirements

• Proven ability to deal with a variety of personalities and scenarios including but not limited to borrowers, cosigners, clients, and internal/external partners
• Driven team members seeking a rewarding work environment
• Excellent communication and written skills
• Proven customer service skills (financial experience is not required, but a definite advantage)
• Team-oriented and functions well in a fast-paced environment
• Strong problem-solving skills
• Adaptability and ability to multitask
• Courteous and positive attitude
• Perform well under pressure
• Ability to work 1 to 2 late nights per week (or as needed based on business needs) 11:00 am to 8:00 pm EST
• Minimum education requirement: high school diploma or GED

Responsibilities

• Handle customer inquiries and issues throughout the lifecycle of a loan
• Demonstrate in-depth knowledge of loan products and systems
• Effectively manage numerous individual customer accounts
• Maintain confidentiality and security of borrower information
• Work cohesively with internal departments to solve issues
• Track, document, and report continuous client issues, lending habits, and system problems
• Provide trustworthy, supportive, and individualized customer care
• Assist with document verification and other projects as needed
• Assist borrowers and cosigners with resolving outstanding loan debt through cash collections, or forbearance when appropriate
• Problem-solve and perform due diligence functions to ensure compliance with all Federal Regulations while always adhering to the Fair Debt Collection Practices Act as well as all bankruptcy and collection laws, both state and federal
• Record accurate and detailed notes; update account status and borrower/cosigner information into computer system
• Meet or exceed daily, weekly, and monthly performance goals, deadlines, and objectives
• Counsel, problem-solve, and negotiate with confidence

Benefits

• Starting at $18.25/hour
• Additional $1 per hour when working closing shifts
• Monthly bonus up to $800
• Opportunity to join a growing fintech
• Creative and transparent company culture
• Growth potential
• Comprehensive medical, dental, vision, and life insurance benefits
• 21 days of paid time off
• Paid training

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED
• Number of Employees: 51-100 employees