Loan Servicing Professional

1 day ago


Aurora, Illinois, United States Old Second Bancorp Inc Full time
Job Title: Loan Servicing Specialist

At Old Second Bancorp Inc, we're committed to putting our customers first. As a Loan Servicing Specialist, you'll play a vital role in maintaining our commercial and consumer loan portfolios.

Key Responsibilities:
  • Process payments and disbursements for loan proceeds
  • Review and process payments and functions related to loan payoff
  • Ensure accuracy of loan set-ups and maintenance for commercial, consumer, and real estate portfolio loans
  • Monitor and process high volumes of loan advances, including construction draws
  • Produce paid loan reporting for collateral team
  • Process incoming mail and perform miscellaneous clerical duties
  • Administer insurance and tax escrow
  • Force placed insurance processing and monitoring
  • Validate and update ticklers in core related to insurance exceptions
Additional Responsibilities at Senior Level:
  • Establish accurate reporting of loan volumes
  • Train team members on enhanced processes
  • Serve as backup for Loan Servicing Specialists
  • Assist in conversion efforts for Loan Servicing area
Requirements:
  • High school diploma and two or more years of consumer and/or commercial loan operations experience
  • Technical aptitude, including experience with Microsoft Office Suite
  • Above-average oral, written, and communication skills
Preferred Qualifications:
  • Bachelor's degree
  • Jack Henry experience

Old Second Bancorp Inc is a growing organization with a strong commitment to community and growth. We're looking for a skilled Loan Servicing Specialist to join our team and contribute to our success.



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