LOAN SERVICING SPECIALIST

Walden Savings BankMontgomery, NY
$21 - $26

About The Position

Walden Savings Bank is seeking a detail-oriented and customer-focused Loan Servicing Specialist to join our Loan Servicing team. This role supports the operational functions of our residential, construction, and consumer loan portfolio while ensuring compliance with Bank policies and applicable state and federal regulations.

Requirements

  • Strong attention to detail with a high degree of accuracy.
  • Excellent organizational, time management, and problem-solving skills.
  • Ability to manage multiple priorities in a deadline-driven environment.
  • Effective written and verbal communication skills.
  • Strong customer service orientation and professionalism.
  • Ability to work independently as well as collaboratively within a team.
  • Proficiency with Microsoft Office applications and the ability to learn banking software systems.

Nice To Haves

  • 6 months to 2 years of experience servicing mortgages and consumer loans preferred
  • Prior secondary market experience with Freddie Mac and/or Fannie Mae preferred
  • Experience with COCC preferred

Responsibilities

  • Board new residential, construction, and consumer loans on the Bank's core processing system.
  • Fund loans and process construction loan advances accurately and timely.
  • Perform quality control reviews to ensure loan documentation and system data are complete and accurate.
  • Process loan payments and other servicing transactions.
  • Review daily and monthly servicing reports and resolve discrepancies.
  • Follow established service standards when communicating with internal departments, customers, attorneys, and other third parties.
  • Prioritize multiple tasks and consistently meet deadlines.
  • Maintain compliance with Bank policies, procedures, and applicable banking laws and regulations.
  • Build positive customer relationships by providing outstanding service and referring customers to appropriate Bank personnel for additional products and services.

Benefits

  • Comprehensive Medical, Dental, Vision, and supplemental health options
  • Benefits available for both Full-Time and Part-Time employees
  • 401(k) with employer match
  • Tuition assistance for up to $5,250 annually
  • Paid time off, holidays, and flexible schedules (based on position)
  • Performance-based pay increases and employee recognition programs
  • Free checking account, loan discounts, and other financial perks
  • Dress Down Fridays and a fun, inclusive work environment
  • Opportunities to give back through our Community Service Program
  • Ongoing mentorship, cross-training, and career advancement support
  • Long-term disability, life insurance
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