Consumer Loan Servicing Clerk jobs in Kentucky

Consumer Loan Servicing Clerk performs routine loan servicing administrative tasks. Processes payments, disbursements, changes, and other transactions. Being a Consumer Loan Servicing Clerk verifies the completeness and accuracy of documents. Performs calculations for distributions. Additionally, Consumer Loan Servicing Clerk monitors escrow payments and tracks delinquencies. Researches customer and internal inquiries and delivers a response or solution. Maintains required electronic files and system inputs. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Servicing Clerk works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)

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Loan Servicing - ESCROW
  • Cecilian Bank
  • Elizabethtown, KY FULL_TIME
  • Job Title: Loan Operations – Loan Servicing

    Reports to: VP - Loan Administration Officer

    Status: Full-Time, Non-Exempt

    Department: Lending and Credit Admin

    JOB SUMMARY: Under general supervision, be able to complete all necessary steps for servicing of loans.

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    ESSENTIAL DUTIES AND RESPONSIBILITIES

    • Comply with and assist others in complying with all relevant laws, regulations, and policies.
    • Research and resolve problems with customer’s loan accounts
    • Review scan folder daily and update all information related to items in the folders
    • Prepare exception item reports and update as needed to accurately reflect outstanding or missing loan-related items
    • Create and monitor reports for participation in loans, loan file maintenance, loan transfers, late charges, skip payments and any other loan report assigned to Loan Servicing.
    • Maintain all necessary original loan documents.
    • Process charge off payments and handle any loan risk grade changes.
    • Maintain and process all items related to servicing of participation loans.
    • Maintain records on insurance over $1 million on real estate loans.
    • Maintain records on life insurance policies that have been pledged as collateral.
    • Respond and process customer credit reporting complaints in a timely manner, complying with all relevant laws, regulations, and policies.
    • Handle withdrawn and denied loans - Reg B.
    • Ensure all collateral security documents are filed, continued, and released in a timely manner
    • Maintain customers’ escrow accounts and make distributions, process shortage payments and process surplus checks when necessary
    • Process paid out loans, including mailing title lien statements and mortgage releases and UCC releases
    • Loan Servicing will monitor flood insurance policies
    • Work with Compliance to monitor flood insurance policies.
    • Find and update rates of vairable-rate loans purchased through Integra acquisition, making sure to keep all loan rates current in core processing system.

    ADDITIONAL DUTIES AND RESPONSIBILITIES

    • Responsible for maintaining individual P.E.P. monthly.
    • Assist the bank in efforts to obtain and retain customers
    • Conduct duties and responsibilities in a manner that supports the bank’s profitability goals, including helping the bank not to lose money and helping the bank save money by improving job processes and achieving operational excellence
    • Adequate cross training of all job duties have been considered.
    • Other duties as assigned by Management


    KNOWLEDGE, SKILLS AND ABILITIES

    • Knowledge of banking laws and regulations as they pertain to this position
    • Knowledge of core processing system
    • Working knowledge of Microsoft Office products and effective computer skills
    • Ability to deal continuously with confidential information and to work under deadlines
    • Strong organizational skills and accuracy
    • Self-starter and have the ability to research and stay current on banking laws
    • Ability to read and interpret documents such as policy and procedure manuals
    • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent.
    • Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
    • Good oral, written and human relations skills.
    • Good attention to detail and ability to deal tactfully with customers, both external and internal.

    WORK ENVIRONMENT AND PHYSICAL DEMANDS

    In order to successfully perform the essential functions of this position:

    • The employee is regularly required to talk or hear. The employee frequently is required to walk; stand; sit; and use hands to finger, handle, or feel and reach with hands and arms to lift and/or move up to 20 pounds. The employee is occasionally required to stoop, kneel, crouch or crawl. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
    • Some travel is expected in this position


    EDUCATION AND EXPERIENCE

    • High school diploma or general education degree (GED) required
    • Escrow experience required


    EQUAL OPPORTUNITY EMPLOYER VETERANS/DISABLED

  • 19 Days Ago

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Ag Retail Loan Servicing Analyst
  • Ag Jobs
  • Louisville, KY FULL_TIME
  • Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents in Arkansas, Indiana, Kentucky, Missouri, Ohio, and Tennessee. Our purpose is to secu...
  • 3 Days Ago

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Ag Retail Loan Servicing Analyst
  • Farm Credit Mid-America
  • Louisville, KY FULL_TIME
  • Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents in Arkansas, Indiana, Kentucky, Missouri, Ohio, and Tennessee. Our purpose is to secu...
  • 4 Days Ago

A
Ag Retail Loan Servicing Specialist
  • Ag Jobs
  • Louisville, KY FULL_TIME
  • Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents in Arkansas, Indiana, Kentucky, Missouri, Ohio, and Tennessee. Our purpose is to secu...
  • 10 Days Ago

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Consumer loan specialist
  • OneMain Financial
  • Louisville, KY FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Special...
  • 21 Days Ago

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Consumer loan specialist
  • OneMain Financial
  • Indian, KY FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Special...
  • 21 Days Ago

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Loan Officer
  • Neighborhood Development Center
  • Saint Paul, MN
  • Job Description Job Description 625 University Avenue St. Paul, MN 55104 tel 651.291.2480 fax 651.291.2597 www.ndc-mn.or...
  • 3/28/2024 12:00:00 AM

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Loan Advisor
  • FIRST SERVICE CREDIT UNION
  • Houston, TX
  • Address: 16430 Park Ten Place, Houston, Texas 77084 Role: Works with all aspects of eBranch and daily operations to ensu...
  • 3/28/2024 12:00:00 AM

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Loan Advisor
  • Congressional Federal Credit Union
  • Oakton, VA
  • The Loan Advisor contacts and assist members with the disbursement of their consumer loans and fulfill approved cross se...
  • 3/28/2024 12:00:00 AM

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Loan Officer
  • Community Vision Capital
  • Oakland, CA
  • Job Description Job Description THE OPPORTUNITY The Loan Officer is responsible for structuring and negotiating loans, a...
  • 3/27/2024 12:00:00 AM

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Loan Officer
  • Paramount Residential Mortgage Group
  • Mcdonough, GA
  • Overview: PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best...
  • 3/27/2024 12:00:00 AM

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Loan Officer
  • Paramount Residential Mortgage Group
  • Chapel Hill, TN
  • Overview: PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best...
  • 3/27/2024 12:00:00 AM

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Loan Officer
  • BLUE WHALE LENDING LLC
  • Troy, MI
  • Job Description Job Description We are currently seeking an experienced Mortgage Broker to join our team at Blue Whale L...
  • 3/27/2024 12:00:00 AM

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Loan Officer
  • Beyond Lending
  • Bloomfield Hills, MI
  • Job Description Job Description Benefits/Perks Careers Advancement Opportunities Health Benefits Competitive Compensatio...
  • 3/27/2024 12:00:00 AM

Kentucky (/kənˈtʌki/ (listen) kən-TUK-ee), officially the Commonwealth of Kentucky, is a state located in the east south-central region of the United States. Although styled as the "State of Kentucky" in the law creating it, (because in Kentucky's first constitution, the name state was used) Kentucky is one of four U.S. states constituted as a commonwealth (the others being Virginia, Pennsylvania, and Massachusetts). Originally a part of Virginia, in 1792 Kentucky became the 15th state to join the Union. Kentucky is the 37th most extensive and the 26th most populous of the 50 United States. Ke...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Servicing Clerk jobs
$31,527 to $42,685

Consumer Loan Servicing Clerk in Lima, OH
Just as there are many varied types of consumer loans, there are an equally varied number of lenders supplying loans to individuals.
February 13, 2020
Consumer Loan Servicing Clerk in Baton Rouge, LA
A Consumer Loan Servicing clerk is an entry-level position in the field of consumer financing and lending.
December 28, 2019
Consumer Loan Servicing Clerk in Toledo, OH
People often seek out consumer loans for helping them pay for larger valued items such as furniture, electronics, recreational vehicles, and other items generally regarded as non-essential.
January 03, 2020