Loan Servicing Specialist

FFB Bank•Fresno, CA

1d•Onsite

About The Position

The Loan Servicing Specialist is responsible for servicing loans and assisting customers timely and accurately as well as balancing the loan GL daily and working daily and monthly reports. This role supports all areas of the Loan Services Department, assists in audits and special projects, and performs daily balancing for department GLs, account maintenance, and journal entries. The specialist will respond to customer inquiries, prepare payoff requests and collateral releases, and perform call back procedures on boarded loans. Additionally, they will process loan payments and advances, maintain digital credit files, process closed loan files, and monitor tracking systems for post-loan closing items. The role involves updating borrower files, adhering to regulatory standards, embodying the TRAC values, and completing administrative tasks and compliance training. The specialist will represent the Bank positively through ethical conduct and community involvement, demonstrating commitment to EEO policies and fostering an inclusive workplace. They must ensure adherence to all Bank policies, procedures, and regulations, including AML/CFT responsibilities, while maintaining confidentiality and data privacy. The position involves working in an office environment with tasks such as writing, typing, speaking, lifting moderate weights, and operating office equipment, with physical activities including sitting, walking, and reaching. Reasonable accommodations are available for individuals with disabilities. Travel up to 10% may be required for company meetings, training, and events.

Requirements

High school diploma or equivalent required
Basic analytical and problem-solving skills; ability to work with and interpret data.
Basic understanding of loan structure and loan documentation.
General understanding of state and federal banking regulations and banking credit policies.
Proficiency with Microsoft Office Suite (Excel, Word, Outlook) required.
Effective oral, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers, vendors and employees.
Strong organizational and time management abilities with attention to detail.
Proficient teamwork and relationship skills to contribute to cross-functional collaboration and team success.
Willingness to take on special projects and perform other duties as assigned, beyond core responsibilities, to support team and organizational needs.
Commitment to continuous learning and professional development to stay current with industry standards and best practices.
Ability to maintain authenticity and integrity in all professional interactions, ensuring trust and credibility with stakeholders.
Capable of managing multiple priorities and meeting deadlines in a dynamic environment.
Ability to work independently with minimal supervision and as part of a team.
Proven ability to adapt to changing priorities and procedures.
Current driver’s license and a vehicle with appropriate insurance coverage if required to drive while performing assigned duties and responsibilities.

Nice To Haves

Bachelor’s degree preferred.
Minimum 1–2 years of related experience in loan servicing in a financial institution preferred.
Experience with Abrigo, CSI, and NuPoint preferred.

Responsibilities

Provides support to all areas of the Loan Services Department where service or assistance is needed.
Assists in various audits and reviews; provide support for various special projects as directed.
Performs daily balancing for department GL’s, account maintenance and journal entries within a specified timeline.
Responds to routine internal and external customer inquiries related to account inquiries such as loan balance, payment amount, due date, etc., through Zendesk, email or TEAMs adhering to established SLAs.
Prepares payoff requests, collateral releases, etc.
Performs call back procedures on boarded loans within specified timeline.
Assists with loan servicing responsibilities including but not limited to; processing loan payments and advances; maintaining digital credit files; process closed loan files within established guidelines and terminate collateral when applicable.
Monitors ongoing tracking systems for post loan closing items including but not limited to; final title policies, hazard and liability insurance, flood insurance, UCC expirations, etc. Contact appropriate party for updates.
Updates borrower files with documentation associated with loan servicing activities.
Follows established processes and procedures for completion of job duties, follows regulatory standards.
Embodies the TRAC Values and Critical Behaviors (Teamwork, Relationship, Authenticity, Commitment) as core principles, using them to guide daily interactions and decision-making.
Completes administrative tasks with a sense of urgency, including required Bank Compliance Training.
Responds to internal and external inquiries via email, phone, or messaging platforms in a timely and professional manner.
Positively represents the Bank through ethical conduct and community involvement.
Demonstrates an understanding of and commitment to EEO policies.
Fosters a respectful, inclusive workplace by valuing cultural differences, preventing harassment of any kind, and supporting a diverse workforce.
Ensures adherence to all Bank policies, procedures, and processes, along with applicable state and federal laws, rules, and regulations, ensuring confidentiality and data privacy while carrying out AML/CFT (Anti-Money Laundering and Countering the Financing of Terrorism) responsibilities specific to the role.
Performs duties in office environment, involving tasks such as writing, typing, speaking, lifting moderate weights, and operating office equipment.
The position requires physical activities like sitting, walking, and reaching.
Travels up to 10%, including but not limited to attending company meetings, training sessions, and corporate events, with travel typically being regional or local based on business needs.