Loan Servicing Specialist

Forest Hills, NY 11375

Employment Type: Direct Hire Industry: Banking/Finance Job Number: 2987

Job Description

Well run smaller Bank seeks Loan Servicing Specialist.

This is a direct hire full-time role where you will work in a small tight knit, well run Loan Operations group.

This is a very visible and promotable role and would be an ideal match for a Loan Processor with 1-5+ years of experience who is looking for a growth opportunity with a very stable institution.

In summary, you will provide administrative day to day support to the Loan Servicing Department including:

  • Create new loans in system

  • Construct and maintain loan document files
  • Responsible for processing mortgage and instalment loan payoffs and daily reconciliation
  • Post-closing file/system review

  • Calculate and prepare payoff letters

  • Prepare verification of mortgage upon request

  • Calculate and prepare assignment requests

  • Prepare and process payoff amounts received, close loans on system

  • Prepare satisfaction documents and forward to appropriate parties

  • Tracking and scanning of recorded mortgages / documents / notes

  • General Ledger reconciliations for tax services and funds held in escrow

  • Responsible for collection activity, calls, correspondence, maintenance

  • Create reports utilizing Excel

  • Post, track, maintain funds held in Escrow at Closing; obtain updates from borrower and/or attorneys and disburse funds as per agreement

  • Responsible for payment of Real Estate taxes, frontage charges, surcharges, and resolution of tax disputes

  • Responsible for tracking and payment processing of hazard/flood insurance, Force Place as required

  • Respond to customer / borrower inquiries

  • Credit Compliance. E-Oscar

  • Update and Maintain DNA System
Requirements include

  • 1+ years of experience in Customer Service/Banking (Mortgage processing experience strongly preferred)

  • Must be highly organized and proactive to research and resolve discrepancies in a fast paced deadline driven environment.

  • Excellent communication skills

  • Able to work effectively in a dynamic environment

  • Good computer skills required including Microsoft Office and Excel

  • Fiserv (Prologue GL/DNA) experience preferred but not required
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About Forest Hills, NY

Ready to embark on your next career adventure in the vibrant Forest Hills, New York area? Known for its tree-lined streets, historic charm, and diverse community, Forest Hills offers an array of job opportunities waiting to be explored. With proximity to iconic landmarks like Forest Hills Stadium, an array of international cuisine including renowned Greek eateries on Austin Street, and cultural hotspots like the Queens Museum and the Kew Gardens Cinema, this area provides a unique blend of art, entertainment, and recreation. Don't miss out on the chance to be part of this thriving community with endless possibilities for personal and professional growth - check out our job listings today!