Consumer Loan Servicing Supervisor jobs in Champaign, IL

Consumer Loan Servicing Supervisor supervises the daily activities of a loan servicing team. Oversees and coordinates processing and documenting loan transactions, insurance, and tax bills, and performing escrow analysis. Being a Consumer Loan Servicing Supervisor ensures that loan transaction files are accurate and complete, and that staff complies with appropriate procedures, regulations, and guidelines. Performs quality checks and resolves issues. Additionally, Consumer Loan Servicing Supervisor monitors workload and allocates resources to meet production goals. Coaches and trains team. May require an associate degree. Typically reports to a senior manager or head of a unit/department. The Consumer Loan Servicing Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be a Consumer Loan Servicing Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. (Copyright 2024 Salary.com)

Recently Added Consumer Loan Servicing Supervisor jobs

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Loan Servicing Analyst
  • First Mid
  • Mattoon, IL FULL_TIME
  • Responsible for providing expertise and escalation resolution to the loan servicing area, branches, customers and loan officers. Responsible for reporting and exception tracking of lending activities. This includes customer services items for the Mortgage, Commercial and Consumer lending areas.
     
    Responsibilities include, but are not limited to:
    • Responsible for handling escalated issues from loan servicing staff, branch personnel and customers that requires in-depth knowledge of systems and processes.
    • Identifies, researches and resolves complex issues that do not have established guidelines.  Works with core vendor to determine solutions.  Shares knowledge of resolution with the staff to further their loan servicing knowledge.
    • Processes advanced system transaction including non-accrual loans, charge-off loans, OREO, repossessed collateral and complex account corrections.  Ensures proper approval has been obtained for these transactions.
    • Maintains full, in-depth knowledge and is highly skilled in all areas of loan servicing and tasks within the department.  Participates in training for staff.
    • Makes recommendations regarding the automation of servicing procedures using available technology, system application or 3rd party vendors.
    • Remains current and knowledgeable on local, state and federal regulations affecting functions of Loan Servicing.
    • Maintains flood insurance and force places property and flood insurance.  Ensures flood insurance coverage remains in compliance with regulations and the Bank is covered for potential losses. 
    • Provides backup to the Loan Servicing Managers and Central Loan Processing as needed.
    • Monitors bankruptcy notices, ensuring the system is updated accordingly; works with attorneys as appropriate to ensure legal notices are provided in a timely manner.
    • Assist branch personnel with delinquent tax reporting for real estate loan exceptions; periodically provide the Action Required report.
    • Responsible for reconciling consumer credit bureau disputes within required time frames and reviewing monthly credit bureau exception reports.
    • Responsible for the following miscellaneous duties:
      • Monthly balancing for ACH/Credit Life/Dealer Reserve/Cashier’s checks; and Dual Control semi-annually
      • Reversing payments on returned checks, combining Ports, and for follow up on Misc. Ticklers
      • Subpoena and Summons – provide requested documentation to Tax & Legal Department
      • Participation loans – process payments/advances from lead bank; ensure balances are reconciled – Verify this is moving to CLP
      • Daily reconciliation of the non-posted transactions/ACH transactions/PIM batches
      • Monitors various system generated exception reports; researches and clears exceptions.
    • Provides training/mentoring support for department personnel.
    • Complete required training specific to job responsibility.
    • Performs other related duties as assigned.
    Qualifications
    Education/Experience:
    • Associates Degree in finance, business or related field of study or 3 years of bank experience is preferred
    Skills:
    • Strong lending technical skills regarding loan operations.
    • Proficient in Microsoft Office.
    • Thorough knowledge of bank operations, general ledger system and loan operations.
    • Advanced understanding of loan systems.
    • Thorough knowledge of credit bureau reporting requirements and bankruptcy notification requirements.
    • Must be able to process a significant amount of detailed information in an accurate, timely and confidential manner.
    • High Level of interpersonal skills with the ability to interact professionally with loan officers, customers and other entities inside and outside the bank.
    • May be required to work earlier, later or a longer than normal workday. 
     
     
    First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.
    THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
     
    HP123

  • 7 Days Ago
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Consumer Loan Specialist
  • Heights Finance Corporation
  • Champaign, IL FULL_TIME
  • Overview We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and e...
  • 2 Months Ago
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Consumer Loan Specialist
  • CURO Financial Technologies Corp
  • Champaign, IL FULL_TIME
  • Overview We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and e...
  • 2 Months Ago
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Consumer Business Risk and Compliance Manager | Consumer Lending
  • Busey
  • Champaign, IL FULL_TIME
  • WHAT YOU'LL DO The Consumer Business Risk & Compliance Manager is responsible for developing, updating and/or facilitating the implementation of consumer-specific business risk procedures to minimize ...
  • 3 Days Ago
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Consumer Safety Inspector
  • USDA Food Safety and Inspection Service
  • Rantoul, IL FULL_TIME
  • Duties YOU WILL/MAY: Ensure that regulated establishments produce a safe product by executing appropriate inspection methods, determining non-compliance with regulatory requirements, documenting nonco...
  • 1 Month Ago
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Loan processor
  • First Mid-Illinois Bancshares
  • Mattoon, IL FULL_TIME
  • Responsibilities include, but are not limited to : Reviews Commercial Loan Data Sheets and Credit Department write ups when Commercial loan request is received from branch. Verifies all information ha...
  • 10 Days Ago
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0 Consumer Loan Servicing Supervisor jobs found in Champaign, IL area

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Financial Advisor
  • Prudential Financial
  • Champaign, IL
  • Are you an experienced Financial Advisor seeking an opportunity to serve your clients better? At Prudential Advisors, we...
  • 4/19/2024 12:00:00 AM
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Consumer Business Risk and Compliance Manager | Consumer Lending
  • Busey
  • Champaign, IL
  • The Consumer Business Risk & Compliance Manager is responsible for developing, updating and/or facilitating the implemen...
  • 4/19/2024 12:00:00 AM
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D
Fuel Compliance Officer - 12 Month Roster
  • Department Of The Treasury
  • Champaign, IL
  • Duties WHAT IS THE SMALL BUSINESS SELF EMPLOYEDDIVISION DIVISION? A description of the business units can be found at: h...
  • 4/19/2024 12:00:00 AM
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S
Manager - Treasury/Tax
  • Stratum Med, Inc
  • Champaign, IL
  • Position Summary: The Manager of Treasury & Tax is responsible for the tax and finance operations of Carle hospitals and...
  • 4/18/2024 12:00:00 AM
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Chief Compliance Officer
  • Midland States Bank
  • Champaign, IL
  • At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by f...
  • 4/18/2024 12:00:00 AM
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Associate Financial Representative
  • Modern Woodmen of America
  • Champaign, IL
  • The ideal candidate will deliver personalized investment solutions to help clients work toward their long-term financial...
  • 4/17/2024 12:00:00 AM
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C
Manager, Treasury and Tax
  • CARLE
  • Champaign, IL
  • The Manager of Treasury & Tax is responsible for the tax and finance operations of Carle hospitals and certain business ...
  • 4/17/2024 12:00:00 AM
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M
Associate Financial Representative
  • Modern Woodmen Of America
  • Champaign, IL
  • The ideal candidate will deliver personalized investment solutions to help clients work toward their long-term financial...
  • 4/16/2024 12:00:00 AM
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About Champaign, Illinois

Champaign (English: /ˌʃæmˈpeɪn/) is a city in Champaign County, Illinois, United States. The city is 135 miles (217 km) south of Chicago, 124 miles (200 km) west of Indianapolis, Indiana, and 178 mi (286 km) northeast of St. Louis, Missouri. The United States Census Bureau estimates the city was home to 87,432 people as of July 1, 2017. Champaign is the tenth-most populous city in Illinois, and the state's fourth-most populous city outside the Chicago metropolitan area. It is included in the Champaign–Urbana metropolitan area. Champaign is notable for sharing the campus of the University of Il...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Servicing Supervisor jobs
$56,879 to $81,773
Champaign, Illinois area prices
were up 1.3% from a year ago
View detail

What does a Consumer Loan Servicing Supervisor do?

Consumer Loan Servicing Supervisor in Ogden, UT
Large financial institutions with a focus on lending employ the vast majority of Consumer Loan Servicing Supervisors.
February 15, 2020
Consumer Loan Servicing Supervisor in Minneapolis, MN
Banks, credit unions, mortgage brokers and private lending firms have a staff that can range into the tens of thousands of employees, and it is key that someone is on hand to assist and coordinate the efforts of the support staff, ensuring a highly efficient and profitable loan.
February 06, 2020
Consumer Loan Servicing Supervisor in New Britain, CT
A Consumer Loan Servicing Supervisor is responsible for the team of staff placed underneath them, supervising and instructing junior staff while maintaining the accuracy and integrity of the loan support data that is essential to properly assessing and evaluating credit worthiness.
February 24, 2020