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Loan Servicing Specialist

Ascendo Resources

We are seeking a detail-oriented Loan Servicing Specialist to join a growing banking operations team. The Loan Servicing Specialist is responsible for supporting the administration and servicing of commercial, residential, and consumer loans. The ideal candidate will have at least one year of banking, lending, or loan servicing experience and a strong understanding of loan documentation and servicing processes. Key Responsibilities Process loan payments, advances, payoffs, renewals, modifications, and maintenance requests. Review and maintain loan records to ensure accuracy and completeness. Monitor loan activity and identify discrepancies for timely resolution. Assist with escrow administration, collateral tracking, insurance monitoring, and exception reporting. Support loan boarding and booking activities, ensuring data integrity within loan servicing systems. Respond to customer inquiries regarding loan accounts, payment histories, and account maintenance requests. Prepare and process loan-related documentation and correspondence. Collaborate with lending, compliance, and operations teams to ensure adherence to bank policies and regulatory requirements. Maintain accurate records and documentation in accordance with internal controls and audit standards. Qualifications High school diploma or equivalent required; Associate’s or Bachelor’s degree preferred. Minimum of 1 year of experience in loan servicing, loan operations, banking, or a related financial services role. Basic understanding of consumer and/or commercial loan products and servicing processes. Knowledge of loan documentation, payment processing, and regulatory requirements is preferred. Proficiency with Microsoft Office Suite, including Excel and Word. Strong attention to detail, organizational skills, and problem-solving abilities. #J-18808-Ljbffr

Vacancy posted 3 hours ago
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