Loan Servicing Tracking Specialist I

Centennial Bank • Conway, AR

3d

About The Position

The Loan Servicing Tracking Specialist I reviews and tracks loan and credit documentation for new and existing loans to verify all bank policy or regulatory compliance requirements are met.

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 read a limited number of words and recognize similarities and differences between words and between series of numbers; ability to write and speak simple sentences as a means for basic communication.
• Ability to read and understand simple instructions, short correspondence, notes, letters and memos; ability to write simple correspondence.
• 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 read and understand documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals; ability to write routine reports and correspondence.
• 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 solve practical problems and deal with a variety of known variables in situations where only limited standardization exists.
• Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.
• Intermediate: 10-Key, Alphanumeric Data Entry, Database, Word Processing/Typing
• Basic: Accounting, Spreadsheet
• Must have the ability to read and comprehend instructions, short correspondence, and memos
• Must be able to work in a team environment
• Strong attention to details
• Must be able to multi-task and handle pressure due to deadline restraints
• Must have strong organization skills with the ability to prioritize workflow

Nice To Haves

• Two (2) years of lending experience and/or training with regulatory compliance

Responsibilities

• Reviews post-closing loan files for compliance and records the results in the bank internal tracking system to ensure collateral position.
• Analyzes borrower credit file for adherence to the bank credit and underwriting policies and records the results in the bank's internal tracking system.
• Ensures continued compliance with the bank’s credit, underwriting, and loan policies through follow-up credit documentation.
• Responds to phone or e-mail requests and inquiries promptly and professionally.
• Remains knowledgeable of changes in the company loan, credit, and underwriting policy, as well as federal compliance regulations.
• The ability to work in a constant state of alertness and in a safe manner.
• Completes required BSA/AML training and other compliance training as assigned.
• Perform any other related duties as required or assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED