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Loan Servicer/Administrator

Robert Half
locationCambridge, MA, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job Description

Our Banking client is looking to grow there Loan Servicing Department. Currently seeking a detail-oriented and motivated Loan Servicer/Administrator to join the fast-paced team. This is an outstanding opportunity to join a respected financial institution and support the local community.


Key Responsibilities:

  • Compute, prepare, and provide loan payoff figures to attorneys and borrowers, logging paid loan information into registers.
  • Process transactions related to payments and general ledgers; resolve payment discrepancies by contacting borrowers.
  • Establish and monitor automatic payment reports for external ACH and internal PATS reporting, handling returns and unapplied funds as needed.
  • Manage loan discharges and retention of paid loan files; handle research and processing for confirmatory discharges.
  • Record legal documents and maintain accurate records for paid-off loans.
  • Process returned mail and borrower requests for address or name changes, updating records accordingly.
  • Achieve predetermined sales goals in line with the Bank’s Customer Service Standards.
  • Collect and distribute departmental mail daily.
  • Support hazard and flood insurance tracking/monitoring.
  • Assist with related loan servicing tasks and special projects as assigned.

Qualifications:

  • 2+ years of banking experience preferred; loan servicing experience a plus.
  • Working knowledge of COCC a plus
  • Ability to manage multiple priorities in a fast-paced environment.
  • Proficient in Microsoft Word and Excel
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