Consumer Loan Servicing Clerk jobs in Washington

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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Commercial Loan Servicing Manager
  • Seattle Bank
  • Seattle, WA FULL_TIME
  • Description

    Who we are

    Seattle Bank is a locally owned, digitally driven financial institution that provides personal, business and partner banking services and the website, CD Valet®. Our experienced team and open API, cloud-based core technology platform deliver a boutique bank experience for clients with interwoven personal and business financial needs. Our highly configurable and scalable tech stack also supports partner banking that enables companies to embed banking transactions into their customer online experience. Seattle Bank’s most recent innovation is CD Valet® , a new online marketplace that connects consumers to financial institutions to compare and open Certificates of Deposit (CDs) with the most competitive rates and terms nationwide. Seattle Bank is a wholly owned subsidiary of Seattle Bancshares, Inc., a privately held bank holding company. Visit Seattle Bank for more information.   


    Position Summary

    The position of Commercial Loan Servicing Manager is responsible for administering the Bank’s commercial loan portfolio by partnering with Relationship Managers, Credit Administration and Loan Operations to process, document, book, fund and service commercial loans. This role is responsible for configuring customized loan products in the servicing platform as well as troubleshooting, escalating & resolving system issues.


    Essential Duties

    • Manages and monitors Commercial Loan Servicing on an ongoing, day-to-day, and transactional basis
    • Administers core systems, processes and procedures. 
    • Maintains and demonstrates proficiency with various loan software applications 
    • Works with system providers and vendors to utilize applications to the fullest capacity, streamline processes and procedures, and ensure accuracy and compliance. 
    • Understands, documents and trains lending personnel on all systems including but not limited to Finastra products such as Phoenix & LaserPro
    • Collaborates with IT department to implement periodic updates to system software, implements QC to verify that enhancements are working correctly
    • Prepares customized loan documentation for all types of Commercial Loans while ensuring compliance with the credit approval, policies, laws and regulations. 
    • Boards new and renewed loans accurately and timely, disburses loan funds, and maintains organized electronic collateral files.
    • Coordinates complex loan deals in collaboration with Relationship Managers, customers, attorneys, appraisers, title company representatives and other applicable parties during all phases of the loan closing. 
    • Participates in the preflight generation process with the Relationship Managers and Credit Administration to ensure that all documentation requirements are identified before approval.
    • Acts on items affecting the disbursement process, including change orders, sufficiency of funds, liens, set asides, restricted starts, etc.
    • Orders and reviews third party reports based on collateral type to include title commitments, final title policies, flood determinations, environmental reports, UCC searches and tax monitoring.
    • Analyzes title insurance commitment reports for acceptability and required endorsements to meet bank guidelines. Coordinate the clearing of title issues/exceptions that need to be removed and prepares title/escrow instructions. 
    • Ensures that the bank’s lien position on collateral has been accurately and timely perfected and protected through UCC filings, Deed of Trust recordings, and assignment of applicable insurance policies.
    • Mentor and train Commercial Loan Administrators. 
    • Provides reports and files as needed for Management, Auditors, Regulators and/or the Board as necessary.
    • Follows all Bank policies, procedures, compliance regulations and training requirements. 

    Requirements

    • Experience using and resolving issues with core banking platforms such as Fiserv, Finastra, Jack Henry
    • Extensive knowledge with banking products and services, loan origination, processing, underwriting, credit analysis, approval, documentation, funding, and servicing, as well as loan related software systems
    • Minimum five (5) years of managing Commercial Loan Servicing operations, or similar relevant experience.
    • Strong knowledge and experience with Finastra LaserPro & Phoenix preferred
    • Experience in a small community banking environment preferred
    • Bachelor’s degree (BA) or equivalent from a four-year college or university
    • Strong troubleshooting and root cause analysis skills
    • Can competently review business entity documents for completeness and accuracy
    • Demonstrated ability to analyze title policies, environmental reports, flood determination, insurance requirements, and UCC filings
    • Loan administration experience and knowledge of borrowing based lending, construction lending, letters of credit, and multiple collateral loans
    • Solution mindset with focus on process improvement and problem solving
    • Strong organizational skills with the ability to work on multiple projects, requiring flexibility with changing priorities and ability to prioritize to meet deadlines
    • Knowledge of state and federal banking compliance regulations, bank operational and lending policies and procedures, and the bank's products and services, including applicable lending regulations
    • Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, read, analyze and interpret documents and professional journals, understand procedures, write reports, professional correspondence, speak clearly to customers and employees.
    • Self-directed person with the ability to thrive in an ambiguous environment
    • Proficiency with personal computers and related software packages such as Word and Excel.


    Seattle Bank Benefits

    We’re committed to delivering our promise of peace of mind to our clients. But we’re also committed to our team members. We have intentionally designed a culture and workspace that are highly collaborative, inclusive and supportive. We believe in the value of each team member and offer a full range of benefits and perks designed to support both your personal and professional goals. Our comprehensive benefits program for eligible employees includes:  

    • Medical, Dental and Vision insurance  
    • Employee Assistance Program (EAP), Life Insurance, Long Term Disability, Voluntary Life  
    • 401K with Bank contribution  
    • Paid Vacation – 3 Weeks 
    • Paid Sick Time – 1 hour per 40 hours worked. 
    • Paid Holidays – 10 days 
    • Stock Options 
    • Annual Bonus Opportunity   
    • Transportation Benefits 
    • And fun, extra perks such as company socials and lunches, team development activities, bank sponsored volunteer opportunities, paid volunteer hours, quarterly incentive awards, and professional development opportunities. 
  • 1 Month Ago

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Consumer Loan Sales Specialist
  • Dev
  • Woodinville, WA FULL_TIME
  • Company DescriptionJobs for Humanity is partnering with OneMain Financial to build an inclusive and just employment ecosystem. Therefore, we prioritize individuals coming from the following communitie...
  • 18 Days Ago

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Consumer Loan Sales Specialist
  • Dev
  • Renton, WA FULL_TIME
  • Company DescriptionJobs for Humanity is partnering with OneMain Financial to build an inclusive and just employment ecosystem. Therefore, we prioritize individuals coming from the following communitie...
  • 18 Days Ago

O
Consumer loan specialist
  • OneMain Financial
  • Finley, WA 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. In the Role Deliver results...
  • 19 Days Ago

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Consumer loan specialist
  • OneMain Financial
  • Pasco, WA 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...
  • 20 Days Ago

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Consumer loan specialist
  • OneMain Financial
  • Kennewick, WA 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...
  • 24 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

C
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

P
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

B
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

B
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

Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the northwestern-most state of the contiguous United States. It borders Idaho to the east, bounded mostly by the meridian running north from the confluence of the Snake River and Clearwater River (about 116°57' west), except for the southernmost section where the border follows the Snake River. Oregon is to the south, with the Columbia River forming the western part and the 46th parallel forming the eastern part of the Oregon-Washington border. To the wes...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Servicing Clerk jobs
$35,946 to $48,668

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