Consumer Loan Servicing Supervisor jobs in Reston, VA
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
Loan Servicing Operations Specialist
- Presidential Bank
-
Bethesda, MD
FULL_TIME
-
Job Summary:
The Loan Servicing Operations Specialist position is primarily responsible in maintaining appropriate levels of customer service and operational efficiency while meeting all regulatory requirements. Duties include review and interpretation of complex loan and legal documentation packages with emphasis on loan structure analysis (billing, rate structures, and payments) and comparison to credit approval documentation. Perform accurate set up and/or maintenance that includes booking, research, wire and/or payment processing, and related servicing events on the Fiserv DNA and related systems. Experience with general ledger and financial application of funds and capacity to work in a detailed, yet quick paced environment is critical for this role.
Major Duties and Responsibilities:- Provide assistance on loan servicing inquiries regarding payment inquiries, transaction research, error resolution and general loan account questions.
- Review daily loan reports and distribute as needed.
- Conducts daily monitoring of loan maintenance reports.
- Process payment transactions in servicing database.
- Post close and audit all 1st mortgage, commercial, consumer loans and prepare files for scanning
- Process and review loan modifications and renewals.
- Tracks and post close loans on the tax service, flood certifications, and delinquent tax report.
- Pay all hazard insurance bills and review cancellation notifications.
- Maintain force placed hazard policies, condo insurance, flood insurance and any other insurance policies.
- Performs review and research for analysis of escrow; annually reviews interest on escrow.
- Responsible for ARM/payment change notice(s) and review, as well as system adjustments for modifications, extensions, and conversions.
- Responsible for the processing of loan participations, remittance and reporting.
- Responsible for processing PMI and FHA MIP.
- Maintain and demonstrate proficiency with loan software applications. Work with system providers to utilize applications to fullest capacity, streamlining processes and procedures.
- Analyze, prepare and train for periodic updates to system software and verify enhancements are working correctly.
- Examine various operational challenges and apply appropriate solutions.
- Assist and develop procedures as needed and overall coordination of department workflow.
- Monitors and enforces compliance related policies, procedures, guidelines, and bank’s practices.
- Assist with procedure manual for Loan Servicing area.
- Able to work closely with loan officers and department managers to promote communication and to ensure quality service.
- Provide back up to department staff as requested.
- Other projects and/or duties as assigned.
- Position Requirements:
- In-depth knowledge of all mortgage products and services, policies, and procedures and related regulations including reporting and Audit requirements.
- Minimum of 5 years of prior administrative assistance experience.
- Prior banking experience required; commercial administration or documentation experience preferred.
- Demonstrated ability to make complex decisions regarding a variety of financial activities.
- Detailed oriented, high degree of accuracy.
- Ability to perform multiple duties and meet deadlines.
- Demonstrated leadership skills with ability to deal effectively with external corporate executives and senior management.
- Advanced accounting skills necessary to perform complex reporting and financial analysis functions.
- Moderate computer skills including word processing and spreadsheet applications.
- Strong organizational, interpersonal, management, communication (both written and oral), analytical and problem-solving skills.
- This level of knowledge is normally acquired through completion of an undergraduate degree in a business-related discipline and 4 years in mortgage lending, or an equivalent in experience (8 years).
Physical Demands and Work Environment:
The physical demands and work environment characteristics described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. - While performing the duties of this job, the ability to stand and/or sit for long periods of time is regularly required. Ability to talk, listen and see. The associate must occasionally reach with hands and arms; stoop, kneel, or crouch
- The associate must occasionally lift and/or move up to 25 pounds, may also include lifting overhead
- Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation
- Regularly required to accurately perceive, distinguish and interpret information received visually and through audio; e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as well as print and other media
- Moderate sound as in business office with office machines, computers, and people traffic
Presidential Bank, FSB is an equal opportunity/affirmative action employer. We consider applicants without regard to race, color, religion, creed, gender, national origin, age, disability, genetic information, marital or veteran status, or any other category protected by federal, state, or local law. - 8 Days Ago
Loan Servicing Representative I
- STATE DEPARTMENT FEDERAL CREDIT UNION
-
Alexandria, VA
FULL_TIME
- Looking to advance your Loan Servicing career? Come join our Team at State Department Federal Credit Union (SDFCU)! SDFCU is currently recruiting for a Loan Servicing Representative. The ideal candida...
- 1 Month Ago
Loan Servicing Specialist III
- Bank of Charles Town
-
Charles Town, WV
FULL_TIME
- Full-Time Summary Performs administrative tasks to book and service Commercial loans, participations, renewals, and modifications, that contain a variety of complex loan structures. Performs Mortgage ...
- 17 Days Ago
Loan Servicing Representative
- Bank of Charles Town
-
Charles Town, WV
FULL_TIME
- Full-Time Summary Performs administrative tasks to book and service home equity, mortgage and commercial loans in accordance with established guidelines and procedures. Description Reports To: Loan Se...
- 28 Days Ago
Consumer Loan Underwriter
- Tower Federal Credit Union
-
Laurel, MD
FULL_TIME
- Note: All full-time positions include the option of $0 out-of-pocket premium cost for Employee Only PPO AND exceptionally low premiums for all other PPO coverage levels. Tower is offering a $1000 Sign...
- 9 Days Ago
Consumer Loan Administrator
- EagleBank
-
Rockville, MD
OTHER
- Overview We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ – EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful ...
- 2 Days Ago
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0 Consumer Loan Servicing Supervisor jobs found in Reston, VA area
Mortgage Loan Processor
- Insight Global
-
Beltsville, MD
- Insight Global is hiring for Mortgage Loan Processors to join one of the largest homebuilding companies across the count...
- 4/16/2024 12:00:00 AM
Financial Aid Counselor
- George Washington University
-
Ashburn, VA
- I. JOB OVERVIEW Job Description Summary: The Office of Enrollment and Student Success (ESS) is a mission-driven organiza...
- 4/15/2024 12:00:00 AM
Operations | Sales | Career Changers & Entry Level | DMV
- Mortgage Career Exchange
-
Beltsville, MD
- Are you a team player? Goal oriented? Do you have high energy? Are you an Overachiever and Competitive? Amazing opportun...
- 4/14/2024 12:00:00 AM
Financial Analyst (Treasury)
- Cordia Resources by Cherry Bekaert
-
Tysons Corner, VA
- Financial Analyst Mc Lean, VA Position: Treasury Analyst: Treasury, Corporate Finance, Insurance and Risk Management [HY...
- 4/14/2024 12:00:00 AM
Senior Financial Aid Counselor
- George Washington University
-
Ashburn, VA
- I. JOB OVERVIEW Job Description Summary: The Office of Enrollment and Student Success (ESS) is a mission-driven organiza...
- 4/14/2024 12:00:00 AM
Branch Manager (Brentwood and DC Locations)
- FedChoice Federal Credit Union
-
Lanham, MD
- Job Type Full-time Description FedChoice is Hiring! Financial Service Center Manager We are looking for a motivated, mem...
- 4/14/2024 12:00:00 AM
Financial Analyst
- Van Metre Companies
-
Fairfax, VA
- At Van Metre, we believe that each employee contributes directly to our growth, success, and culture. We seek out candid...
- 4/13/2024 12:00:00 AM
Vice President, Sustainable Finance
- Forbright Bank
-
Chevy Chase, MD
- COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and lender helping accelerate the transition to a susta...
- 4/13/2024 12:00:00 AM
About Reston, Virginia
Reston is a census-designated place in Fairfax County, Virginia. Founded in 1964, Reston was influenced by the Garden City movement that emphasized planned, self-contained communities that intermingled green space, residential neighborhoods, and commercial development. The intent of Reston's founder, Robert E. Simon, was to build a town that would revolutionize post–World War II concepts of land use and residential/corporate development in suburban America. In 2018, Reston was ranked as the Best Places to Live in Virginia by Money magazine for its expanses of parks, lakes, golf courses, and b...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Servicing Supervisor jobs
$65,281 to $93,853
Reston, Virginia area prices
were up 1.3% from a year ago
were up 1.3% from a year ago
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