Loan Servicing Representative/Specialist
Northrim Bank, Member FDIC · Anchorage, AK · 1 wk ago
On-siteFinanceFull-time
Employee Benefits
- Medical, Dental and Vision insurance, including FSA (Flex Spending Account)
- Paid Time Off to include select paid holidays
- Retirement Benefits with generous 401K match
- Some Other Favorite Employee Benefits Include Paid Parental Leave, Education Assistance, Employee Assistance Program, Employee Wellness Program and much more!
What You'll Do
- Deliver outstanding service to customers and colleagues alike
- Process loan payments, payoffs, and ACH transactions with precision
- Manage insurance-related activities, including flood insurance tracking and premium disbursements
- Reconcile accounts and resolve exceptions to maintain financial accuracy
- Book consumer and commercial loans while ensuring compliance and proper documentation
- Monitor escrow accounts and facilitate tax payments
- Support investor reporting and month-end processing activities
- Track insurance exceptions and collateral-related documentation
- Manage promissory notes, collateral releases, and paid note processing
- Conduct loan quality reviews to ensure accuracy and compliance
- Stay current with regulatory and compliance requirements through ongoing training
Growth Opportunities
- Loan Servicing Representative - Perform servicing functions for consumer and commercial loans
- Loan Servicing Specialist - Handle consumer, complex commercial, construction, and investor-participated loans
- Senior Loan Servicing Specialist - Support complex and syndicated lending portfolios, mentor team members, and assist with workflow management
Qualifications
- High School Diploma or equivalent required
- One year of financial industry experience preferred
- Accounting education or experience may substitute for industry experience
- Three years of loan servicing, documentation, or loan production experience for Loan Servicing Specialist
- Five years of loan servicing, documentation, or loan production experience for Senior Loan Servicing Specialist
- Strong understanding of loan servicing processes and regulatory compliance
Technical Skills
- Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)
- Databases and spreadsheets
- Core banking and lending systems
- Standard office technology and equipment