Jobs · Sales · New Jersey

Loan Servicing Specialist - Consumer Lending

Valley Bank · Wayne, NJ · 2 wk ago
SalesFull-time

Responsibilities

  • Setup and maintain ACH payments.
  • Process installment loan payoffs.
  • Process returned checks on loan payments.
  • Process monetary adjustments to loan records.
  • Maintain general ledger reconciliations for various cost centers.
  • Verify signatures on advance checks for home equity and cash value credit lines.
  • Disburse monthly statements and earnings to car dealerships for the purchase of indirect auto loans.
  • Monitor and research daily reports for BSA compliance.
  • Review various Miser reports for accuracy.
  • Prepare monthly reports for senior management.
  • Absorb assistance with special projects when required.

Required Skills

  • Good communication skills both verbal and written.
  • Good phone skills needed for customer contact.
  • Basic PC skills including general understanding of databases and Microsoft Word/Excel.
  • Excellent mathematical skills.
  • Ability to work with complex figures.
  • Strong attention to detail.
  • Ability to review loan documentation for completeness and accuracy.
  • Ability to handle multiple tasks simultaneously.

Required Experience

  • A high school diploma or GED and a minimum of three years' related bookkeeping experience.
  • An associate's degree or three plus years of accounting/bookkeeping experience preferred.

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