Loan Servicing- Loan Servicing Manager

2 weeks ago

Groton, United States Chelsea Groton Bank Full time
Job DescriptionJob DescriptionLoan Servicing Manager (E4)

Chelsea Groton is looking to hire a motivated and dynamic individual for our Loan Servicing Department. The ideal candidate will have an entrepreneurial spirit and be a motivated and personable individual willing to help customers achieve their financial goals by providing outstanding service in a professional manner through our various channels. Become a positive, versatile, and inclusive resource that promotes self-development and empowerment for the benefit of our customers and our community.

Responsibilities and Requirements vary based on job level. Expectations include:

  • Oversees, directs, and manages the activities of the loan Servicing Department and ensures conformance with the Bank’s strategic direction, policies, practices, and procedures. Recommends solutions and implements approved services and procedures to improve operational effectiveness.
  • Develops and ensures the effectiveness of the organizational structure. Ensures the efficient, accurate and courteous delivery of customer service by assigned staff. Develops cross-training plan and ensures that staff members are properly trained and cross-trained in assigned functions. Conducts periodic performance reviews. Provides training, advice, and guidance as needed.
  • Prepares management reports as necessary, to include but not limited to, Loan Production, Board Reports, reports on current portfolio, departmental activities, and periodic special requests from management and/or auditors. Serves as a resource for other departments in the completion of other required reports.
  • Ensures regulatory and investor compliance. Works closely with regulatory agencies and external auditors. Prepares audit responses. Establishes corrective procedures and monitors identified areas to ensure compliance.

Why Choose Chelsea?

The Bank has been named a Top Workplace in Connecticut since 2016. And with good reason Our team members are encouraged and empowered to be better, go further, and help others. And there are lots of other perks too – competitive salary, 401(k) plan, paid time off, health benefits, wellness and engagement programs, leadership training, professional development, and learning opportunities for all team members, and more Several members of the Bank’s team have been recognized in our industry and throughout the community by earning awards such as the Connecticut Bankers Association New Leaders in Banking, ICBA Forty Under 40, The Day Forty Under 40, Banking New England Women of FIRE, and more.

At Chelsea Groton, we don’t just meet the expectations of our community; we exceed them in the ways we, as a mutual bank, do business, and how we support local organizations financially and through volunteerism. We are focused on bringing together the best in digital, remote, and in-person capabilities. Our approach is designed around the lives of our customers so they can manage finances when, where and how they want, and team members can provide support to our customers in more ways too.

Apply today to join a company named Best Bank by The Day (2015 – present), Top Workplace by the Hartford Courant (2016 – present), and one of Forbes Best-In-State Banks (2021-present)

Responsible for adhering to Bank policies and procedures relating to regulatory compliance requirements applicable to the job function including but not limited to the Bank Secrecy Act, Anti-Money Laundering, and Fair Lending. EOE/AA/M/F/D/V. Member FDIC.

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