Job Description
SUMMARY:
Loan Servicing Coordinators are responsible for all Bank loans being properly entered, updated, and maintenance both electronically and in paper format. Ensuring that compliance regulations relating to loan servicing are adhered to.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned by supervisor.
Perform daily tasks such as: loan payoffs; new loan setup; insurance tracking; and preparation of mortgage satisfactions.Supports and communicates with customers, attorneys, insurance agents, and other Bank personnel.Correspond with customers, attorneys, insurance agencies and Bank personnel in regards to residential and commercial credit concerns.Verification of prior day’s work to ensure proper dual control.Maintain and track daily, weekly, and monthly reports.Knowledge of Flood and Flood Escrow Regulations and Requirements and tracking.REQUIRED EDUC...
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