Loan Servicing Specialist

Centennial BankConway, AR
Onsite

About The Position

The Loan Servicing Specialist performs duties associated with collecting past-due consumer loans and customer service functions related to servicing loans.

Requirements

  • Knowledge of a specialized field (however acquired), such as basic accounting, computer, etc.
  • Equivalent of four years in high school, plus night, trade extension, or correspondence school specialized training, equal to two years of college, plus 2 years related experience and/or training, or equivalent combination of education and experience.
  • Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization.
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
  • Ability to apply concepts such as fractions, ratios, and proportions to practical situations.
  • Ability to utilize common sense understanding in order to carry out written, oral or diagrammed instructions.
  • Ability to deal with problems involving several known variables in situations of a routine nature.
  • Advanced: 10-Key, Alphanumeric Data Entry, Word Processing/Typing
  • Intermediate: Contact Management, Spreadsheet
  • Basic: Accounting

Responsibilities

  • Contacts customers by mail and telephone concerning payments.
  • Monitor, administer, and calculate payment for incoming remittances.
  • Perform administrative duties associated with incoming payment transactions.
  • Monitor, administer, and calculate loan payoffs.
  • Perform administrative duties associated with the processing of credit verifications.
  • Receive incoming calls related to loan servicing.
  • Perform administrative duties regarding loan participation including reconciliation and audit verifications.
  • Completes required BSA/AML training and other compliance training as assigned.
  • The ability to work in a constant state of alertness and in a safe manner.
  • Perform any other related duties as required or assigned.
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