Currently, we have an opening for an experienced Senior Commercial Loan Servicing Specialist. This role can be on-site in Passaic County, NJ or fully remote. Well qualified candidates are encouraged to apply as this is considered a priority hire.
Specific Job Functions:
Manages and processes UCC collateral lien recordings
Submission of SBA monthly reports and any other related reporting requirements
Verifies data input on newly issued loans for quality control purposes
Prepares reports for management via excel and/or core report writer
Works with outside firm to verify adequate insurance coverage exists for collateral properties. Processes force placed insurance as needed.
Processes insurance payments on escrowed accounts
Assists in preparation for internal and external audits
Processes construction loan advances on the on-line system
Prepares and processes loan extensions and/or modifications
Assists with payment of real estate taxes and escrow analysis functions
Investigates and resolves customer inquiries and disputes on late payments, statements, escrow analysis, etc.
Assists with loan payoff processing
Process maintenance changes to the core system
Set up automatic funds transfer (ACH and Autopay) for monthly loan payments as requested and authorized by borrower(s) along with resolving returns or rejected items
Assists in special projects and assignments conducted within the Loan Servicing Department
Requirements:
High School diploma or equivalent
Minimum of five years previous experience in commercial and residential mortgage loan servicing or related area required
Equivalent mortgage or real estate related education may offset some, but not all, of experience requirement
Good understanding of financial institution procedures as it relates to Mortgage Loan Servicing
Experience in various types of commercial loan products, including but not limited to Commercial Real Estate, SBA, C&I, Business Lines of Credit
Strong working knowledge of Microsoft Office 365 with an emphasis with Excel
Strong customer service skills
Strong attention to detail and ability to meet deadlines
Excellent written and oral communication skills, as well as strong organizational skills
If interested, please apply directly via email to: christine.kiernan@accountingprincipals.com
Equal Opportunity Employer/Veterans/Disabled
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The Company will consider qualified applicants with arrest and conviction records
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