Consumer Loan Servicing Clerk jobs in Levittown, PA

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)

N
Loan Servicing Analyst
  • NJEDA
  • Trenton, NJ OTHER
  • Overview

    Job Summary

     

    Assists in ensuring the integrity of data in EDA’s loan management system. Assists in verifying correct loan/guarantee/grant transaction and valuation information is captured and tracked, billed accurately, and all payments are correctly posted. Performs QA/QC reviews on all loan system reports for accuracy and completeness.

     

    $58,080 - $72,600

     

    Note: The NJEDA currently offers a hybrid work schedule for up to 2 days of telecommute work from home. To participate, you will be required to have high speed home internet access and a managers approval. This program does not supersede the "New Jersey First Act", which requires newly hired NJEDA employees to establish and then maintain, principal residence in the State of New Jersey.

    Responsibilities

    Essential Duties and Responsibilities

    • Provides payment servicing of all EDA financings, including:
    • Assists in generating monthly invoices, checks for accuracy, makes necessary adjustments and ensures timely delivery to borrowers (electronic or hard copy/mail)
    • Sets up direct debit instructions, if applicable, and processes batch payments timely
    • Applies payments in the loan system per the terms of the respective financing documents, makes required adjustments, and provides daily tie-out of transaction activity
    • Processes modifications consistent with revised agreements and ensures participation banks apply payments consistent with revised terms
    • Follows up with participating banks regarding discrepancies in payment details
    • Serves as point-of-contact for customer related invoice inquiries
    • Participates in posting of loan/grant disbursements and payments to ensure data integrity with source documentation and reporting from Accounting. Consults with participation banks and borrowers to investigate and resolve discrepancies; reapplies payments as necessary.
    • Generates, reviews and verifies all projects and financial reports to ensure data integrity each month-end and year-end. QA/QC work includes an initial review and preparation of a checklist before forwarding to Senior Loan Servicing Analyst for final review.
    • Tracks and handles customer, bank, and staff inquiries and reported discrepancies.
    • Promotes teamwork and communication to encourage an interactive, cooperative, collaborative, and customer focused work environment among division, EDA staff, and external customers.
    • Must complete annual and semiannual self-assessment as required.
    • Performs other duties and special projects, as assigned.

     

    Preferred Skills and Abilities

    • Understanding of internal control principles, consistent with an accounting environment.
    • Knowledge of financial banking terminology associated with commercial loan set up procedures.
    • Understanding of financial reports, disbursement and payments for commercial loans/grants.
    • Ability to communicate effectively both verbally and in writing; proficient in grammar, spelling and editing; and foster communications with business professionals and EDA staff, to solicit financial information.
    • Ability to prioritize workload, must be highly organized, detail-oriented, handle various tasks simultaneously and work independently within limited time constraints with little or no supervision.
    • Must be able to maintain confidentiality and deal effectively and diplomatically with business professional and EDA staff.
    • Demonstrates respectful behavior and promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer focused work environment among division, EDA staff and external customers.
    • NJEDA utilizes Microsoft as the core application platform and proficiency in the Microsoft Office Suite is preferred as well as loan management database skills, and the ability to learn new software packages.

    Qualifications

    Preferred Qualifications

               

    Education and Experience Requirements

    • Bachelor’s Degree in Accounting, Finance or Business Administration and/or equivalent professional experience
    • 2-5 years work experience in a commercial financial/banking environment, concentrated in loan processing activities
    • Experience in database transaction processing preferred

     

    Advanced degree or industry specific certification may be substituted for 1 year of experience

    Physical Demands

    • Minimal
    • Ability to work outside normal business hours, as needed

     

    Travel

    • As necessary to events, meetings, businesses, etc.

     

    Certificates and Licenses Required

    • License: Staff are required to possess a valid driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essentials duties of the position

     

    Note

     

    The examples of work for this title are for illustrative purposes only. A position using this title may not perform all duties listed in this job description. Conversely, all duties performed on the job may not be listed. This job description is intended to convey information essential to understanding the scope, general nature and level of work performed by job holders within this job.  This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

     

    Your employment at NJEDA is voluntary and subject to termination by you or NJEDA at will, with or without cause, or with or without notice, at any time.  Nothing in this job description shall be interpreted to conflict, eliminate, or modify the employment-at-will status of NJEDA employees. 

     

    This position is considered exempt and is excluded from minimum wage, overtime regulations, and other rights and protections afforded nonexempt workers under the FLSA.

     

    NJEDA reserves the right to amend/revise this job description as necessary to meet current and changing business needs.

     

    Equal Opportunity Employer 

    NJ SAME Program  

     

     

    Position Requirements 

    • Foreign degrees/transcripts must be evaluated by a reputable evaluation service at your own expense and must be submitted prior to a start date.  If this cannot be provided within 21 days of an offer the offer will be rescinded. 
    • Must comply with the “New Jersey First Act” which requires employees hired after September 1, 2011 to reside in New Jersey. Non-New Jersey resident employees must relocate to New Jersey within one year of their date of hire and provide proof of residency to Human Resources. 
    • Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.  
    • Must review the required NJEDA Ethics Guidelines.  
    • Those guidelines to can be found here:  
    • https://www.nj.gov/ethics/docs/ethics/plainlanguage2021.pdf
    • https://www.nj.gov/ethics/docs/ethics/2022_uniformcode_april.pdf 

     

    #LI-KH1

  • 1 Month Ago

N
Servicing Officer
  • NJEDA
  • Trenton, NJ OTHER
  • Overview Job Summary Manages credit risk and customer relationships in an assigned portfolio of loans, guarantees and grants. $65,484 - $81,855 Note: The NJEDA currently offers a hybrid work schedule ...
  • 19 Days Ago

O
Consumer Manager
  • Oaks Integrated Care
  • Trenton, NJ FULL_TIME
  • Join our team today and immerse yourself in a rewarding career for years to come! As a Consumer Manager, you will work in a supportive housing setting in Mercer County, NJ. Schedule: 8:30am to 5:00pm ...
  • 1 Month Ago

T
Loan Processor
  • The Lending Group CO
  • Southampton, PA FULL_TIME
  • Are you a junior, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skil...
  • 1 Day Ago

D
Loan Officer
  • De Novo HRConsulting & Business Advisory
  • Richboro, PA FULL_TIME
  • Our client, Lending Team Inc., is looking to add a Loan Officer to the team. The Junior Loan Officer facilitates residential mortgage loans and advises borrowers on available finance options. This inc...
  • 13 Days Ago

D
Consumer Claims & DSCSA Coordinator
  • Dr. Reddy's Laboratories, Inc.
  • Princeton, NJ FULL_TIME
  • At Dr. Reddy's "Good Health Can't Wait" By joining Dr. Reddy’s, you will contribute to making the breakthroughs of tomorrow a reality today! From making medicines more affordable to discovering innova...
  • 21 Days Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Consumer Loan Servicing Clerk jobs found in Levittown, PA area

P
Loan Officer Assistant
  • Petra Cephas: Residential Mortgage Brokers
  • Piscataway, NJ
  • Petra Cephas Inc. is a residential mortgage broker based out of New Jersey. The Loan Officer Assistant will work closely...
  • 3/28/2024 12:00:00 AM

L
Junior Loan Processor
  • Lending Team Inc
  • Richboro, PA
  • Job Description Job Description *THIS IS NOT A REMOTE OR HYBRID POSITION* Responsibilities: Answering and transferring c...
  • 3/27/2024 12:00:00 AM

P
Mortgage Loan Officer
  • Penn Community Bank
  • Bristol, PA
  • Overview: Responsible for soliciting and originating mortgage loan products for the Bank, contributing positively to ban...
  • 3/26/2024 12:00:00 AM

P
Mortgage Loan Officer
  • PNC Financial Services Group
  • Philadelphia, PA
  • Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the market...
  • 3/25/2024 12:00:00 AM

P
Mortgage Loan Officer
  • PNC Financial Services Group
  • Berwyn, PA
  • Job Profile Position Overview Job Description Summary At PNC, our people are our greatest differentiator and competitive...
  • 3/25/2024 12:00:00 AM

D
Mortgage Loan Officer
  • De Novo HR Consulting
  • Richboro, PA
  • Job Description Job Description Our client, Lending Team Inc., is looking to add a Loan Officer to the team. The Junior ...
  • 3/25/2024 12:00:00 AM

P
Mortgage Loan Officer
  • PNC Financial Services Group
  • Fords, NJ
  • Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the market...
  • 3/25/2024 12:00:00 AM

C
Loan Officer Assistant
  • Centennial Lending Group
  • Ambler, PA
  • At Centennial Lending Group, our mission is to set a high standard in the mortgage industry. We are committed to quality...
  • 3/24/2024 12:00:00 AM

Levittown is a census-designated place (CDP) and planned community in Bucks County, Pennsylvania, United States, within the Philadelphia metropolitan area. The population was 52,983 at the 2010 census. It is 40 feet (12 m) above sea level. Though not a municipality, it is sometimes recognized as the largest suburb of Philadelphia in Pennsylvania (while Upper Darby Township, Lower Merion Township, Bensalem Township, Abington Township and Bristol Township are municipalities larger in size in the three surrounding Pennsylvania counties). Starting with land purchased in 1951, it was planned and bu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Servicing Clerk jobs
$36,543 to $49,476
Levittown, Pennsylvania area prices
were up 1.5% from a year ago

Consumer Loan Servicing Clerk in Vincennes, IN
People in this position assist the consumer loan servicing team with administration and proofing, ensuring that all information on submitted documents is accurate and thorough, as well as process and maintaining payments schedules on active loans.
January 17, 2020
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
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