Loan Servicing Specialist

3 weeks ago


McAllen, Texas, United States Texas Regional Bank Full time
{"Job Summary

We are seeking a highly skilled Loan Servicing Specialist to join our team at Texas Regional Bank. The successful candidate will be responsible for performing all servicing and operational aspects relative to the Bank's loan portfolio.

Key Responsibilities

* Ensure timely completion of loan boarding and review loans for accuracy and compliance with federal and state regulatory requirements.
* Process non-accrual and charge-off transactions, review outside counsel loan documents, and process loan recoveries.
* Track collateral hazard and flood insurance, provide payoffs, loan verifications, and process releases of lien.
* Work with third-party vendors to resolve hazard insurance coverage issues and maintain collateral files and documentation.
* Monitor and maintain loan escrow accounts to ensure timely payment of taxes and insurance.
* Perform weekly, monthly, and annual GL balancing and reconciliation.
* Assist with callback duties for loan payments, advances, and new loans, and assist with the prompt clearing of documentation exceptions.
* Assist with UCC lien searches post-funding of loans and perform additional duties as requested.

Requirements

* A self-starting team player with a High School Diploma or GED and 5 years or more of banking experience, with a minimum of 3 years in loan documentation.
* PC literate and knowledgeable in loan compliance and regulations.
* Excellent analysis, observation, and decision-making skills, with the ability to work under high-pressure situations and remain composed.
* Strong interpersonal and communication skills, with the ability to maintain effective relationships with colleagues, management, and external partners.
* Ability to multitask, prioritize tasks, and meet deadlines in a fast-paced environment.
* Must be physically present in the bank to perform job duties.

What We Offer

* A dynamic and supportive work environment with opportunities for growth and development.
* Competitive compensation and benefits package.
* Recognition and rewards for outstanding performance.
* Professional development opportunities and training programs.
* A collaborative and inclusive team culture.

How to Apply

If you are a motivated and detail-oriented individual with a passion for loan servicing and operations, we encourage you to apply for this exciting opportunity. Please submit your resume and cover letter to [insert contact information].

We thank all applicants for their interest; however, only those selected for an interview will be contacted.

Texas Regional Bank is an Equal Opportunity Employer.

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