Loan Servicer III

About the role

The Loan Servicer III at Park Community Credit Union is responsible for ensuring the accuracy and integrity of loan records and processes to minimize risk and potential loss. This role requires an advanced level of commercial, mortgage, and consumer loan servicing expertise and includes responsibility for secondary market execution and investor related activities.

Responsibilities

• Perform servicing duties for complex loan types including loan advances, rate change notices/ maturity letters, tax agency reporting, payment maintenance, payoffs, partial or full releases, assignment of rents, UCC filings, etc.
• Review and evaluate information on closed mortgage loan files to determine if loans meet Secondary Market requirements.
• Lock, commit, and deliver loans to Investors.
• Aid in other areas of the lending department such as training new employees, new user set up, rate changes, etc.
• Assist in special projects or assignments as needed.
• Maintain knowledge of rules, policies and procedures governing all classes of loans, with a focus on commercial and mortgage lending regulations, secondary market investor guidelines, and compliance.
• Perform other job-related duties as assigned.

Requirements

To be successful in this role, you should have:

• Three to five years of similar or related experience.
• A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or job-specific skills acquired through an apprenticeship program.
• Extensive knowledge of consumer, commercial and real estate lending practices and procedures.
• Extensive knowledge of consumer, commercial and real estate lending practices and procedures.
• Extensive knowledge of consumer, commercial and real estate lending practices and procedures.

Qualifications

To qualify for this role, you should:

• Have a strong understanding of consumer, commercial and real estate lending practices and procedures.
• Be proficient in using spreadsheet and word processing software.
• Be able to work independently and manage multiple tasks simultaneously.
• Have excellent interpersonal and communication skills.

Skills

• Loan Servicing
• Secondary Market Execution
• Commercial Lending
• Mortgage Lending
• Consumer Lending
• UCC Filings
• Investor Relations
• Risk Management
• Compliance
• Conflict Resolution
• Spreadsheet Software
• Word Processing Software

Benefits

Park Community Credit Union offers competitive benefits including:

• Health Insurance
• Dental Insurance
• Vision Insurance
• Paid Time Off
• Flexible Spending Accounts
• Retirement Plans

Pay

The starting salary for this position is $30.41 per hour.

Schedule

This is a full-time position with immediate start date.