Commercial Loan Servicing Specialist I

South Shore Bank
Any Location, MA
Category Finance
Job Description
Role Overview

Performs a variety of Loan Servicing functions in connection with Commercial loans, including new loan setup, data entry, payment, and payoff processing. Provides superior customer experience to all internal and external customers.

What You Will Do

Set up new commercial loans, process loan payoffs, new loans, modifications, and file maintenance. Maintain proficiency with loan software applications and review daily reports to ensure accurate customer billing.

Why It Might Be a Fit

The ideal candidate will have a solid understanding of Microsoft Office products, loan software applications, and federal laws and regulations. They will be willing to gain new knowledge and technical skills, and have exceptional verbal, written, and interpersonal communication skills.

Requirements

  • Associate's degree (A.A.) or equivalent from two-year college or technical school
  • One to three years related experience and/or training
  • Maintain a solid understanding of Microsoft Office products such as MS Excel and MS Word
  • Maintain an excellent understanding of all systems utilized in Loan Servicing
  • Basic knowledge of the banking and financial services industry including federal laws and regulations
  • Intermediate typing skills to meet the production needs of the position
  • Intermediate math skills: the ability to calculate interest, commissions, proportions, and percentages

Benefits

  • Medical
  • Dental
  • Vision
  • Flexible Spending
  • Tuition Reimbursement
  • Childcare Subsidy
  • Retirement
  • Life Insurance
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