Loan Servicing Specialist
About The Position
The Commercial & Savings Bank (CSB) has been an independent community bank for 145 years, with 17 locations across Holmes, Medina, Stark, Tuscarawas, and Wayne counties. CSB is recognized as a top employer in our region as an eight-year winner of the NorthCoast 99 award (www.northcoast99.org), which recognizes the 99 best employers for top talent in Northeast Ohio. This full-time position is located on-site at our Operations Center, in Millersburg, Ohio. In addition to a competitive base wage, CSB offers a wide variety of employee benefits listed below. Summary: Under the direction of the Loan Servicing Manager, the Commercial Loan Servicing Specialist is responsible for managing both electronic and physical commercial loan files, securing lien positions on pledged collateral, and verifying the accuracy of loan documentation. This role supports loan officers and other departments with loan-specific documentation, financial tracking, and quality assurance throughout the loan lifecycle—including onboarding, servicing, and payoff. The position also provides customer service support to internal staff and external clients, helping to resolve inquiries related to loan servicing activities.
Requirements
- A high school diploma or General Education Degree (GED) is required.
- A minimum of one year of related work experience; or equivalent combination of education and experience.
Responsibilities
- Maintain new, current, and paid loan files.
- Verify document accuracy and file according to physical and electronic protocols.
- Track and manage documentation exceptions, including originals required for safekeeping.
- Respond to inquiries from customers and employees via phone, email, and in person.
- Investigate and resolve loan-related errors or discrepancies.
- Provide assistance to banking centers and lending officers regarding loan documentation and exceptions.
- Act as title clerk for the department.
- Record and release liens on mortgages, titles, and UCC filings.
- Ensure proper lien positions are obtained for pledged collateral.
- Review and verify collateral documentation.
- Maintain collateral register for physical collateral stored in the collateral vault
- Backup quality control reporting on new mortgage loans and all investor quality control reporting
- Maintain and monitor a tickler system to track the following: Financial statements, Insurance certificates, UCC filings
- Request and follow up on financial statements from customers and third-party providers.
- Balance internal accounts related to loan servicing activities.
- Administer the commercial loan participation program.
- Serve as a backup to other roles within the Loan Servicing team as needed
- Demonstrates a commitment to CSB’s vision, mission, and core values and seeks to align one’s behavior in such a way that gives these foundational principles the best chance at becoming a reality.
Benefits
- Competitive base wage
- Incentive compensation and profit sharing
- Comprehensive benefits including medical, dental, vision, short- and long-term disability, and group life insurance – (plan and/or benefits eligibility requirements apply)
- Paid time off for vacation, illness, bereavement, and jury duty
- 401(k) with an employer match and on-site advisers
- Employee Assistant Program (EAP) with free access to mental health resources
- Comprehensive wellness program with financial incentives to promote a healthy lifestyle
- Training and professional development opportunities to help you reach your long-term goals
- Paid holidays available immediately upon hire
- Volunteerism opportunities to give back to our local communities
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
