Loan Adjustment Assistant

Our major banking client in Hermitage, PA is in need of a detail-oriented and tech savvy professional to join their team on a contract-to-hire basis.

Position Title: Loan Adjustment Assistant

Business Unit: Retail Lending


Reports to: Manager of Asset Recovery

Position Overview:


This position is primarily responsible for supporting the collection department. The incumbent will handle general administrative duties for both repossession and foreclosure accounts such as processing repossession titles for vehicles, performs various administrative duties, maintain and order office and building supplies.

Primary Responsibilities:


Monitors status of foreclosure properties or repossessions. Gathers and inputs all required information in a computer system in Access Data to generate various letters throughout the repossession process.


Accurately processes repossession and charge off entries as well as Oreo sales proceeds according to established policies and procedures. Addresses dealer reserve issues on repossession and sends deficit letters to customers as required by law.


Files estate claims and civil suits, follows up with judgments and satisfactions when necessary and noting the collection system with all pertinent notes.


Processes all invoices related to foreclosure and repossession. This includes sending for payment, scanning, addenda to Navigator and noting the collection system.


Communicates with real estate agencies as well as closing agents to prepare for the sale of foreclosed properties. Communicates with repossession agencies to release vehicle when customer redeems. Keeps detailed notes in collection system and makes appropriate changes to Navigator.


Processes ACH payments on past due loans and balances the transactions daily.


Performs other related duties and projects as assigned.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:


High School or GED

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:


1

Skills Required to Perform the Primary Responsibilities of this Position:


Excellent project management skills


Excellent communication skills, both written and verbal


Excellent organizational, analytical and interpersonal skills


Excellent customer service skills


Ability to use a personal computer and job-related software


MS Word - Basic Level


MS Excel - Intermediate Level


MS PowerPoint - Basic Level


Knowledge of repossession processes and procedures.

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:


N/A

Physical Requirements or Work Conditions Beyond Traditional Office Work:


N/A