Loan Servicing Specialist

3 weeks ago


Ogden, Utah, United States Bank of Utah Full time
Job Summary:

As a Loan Servicing Processor at Bank of Utah, you will play a vital role in providing exceptional customer service and ensuring the smooth operation of commercial loan servicing. This includes processing loan payments, completing loan file maintenance, and servicing commercial construction draws and escrows. If you have a strong understanding of debits and credits, loan documentation, and are able to work at a high level of productivity with minimal supervision, we encourage you to apply for this exciting opportunity.

Key Responsibilities:
  • Process and verify all loan types, including SBA, construction, commercial, letters of credit, master notes, leases, and bonds, to the DNA system.
  • Complete loan file maintenance and status changes as requested on DNA.
  • Set up commercial construction loans on Construct and perform all duties of the draw process, including verifying W-9 information, invoices, and loan inspections.
  • Balance construction loans between DNA and Construct, maintain escrow reports, and provide customer service to commercial loan and construction loan customers.
  • Process interest reserve payments, loan payments, and seek out relevant training courses to improve knowledge and skills.

Requirements:
  • High school education
  • Good communication skills
  • Ability to work at a high level of productivity with minimal supervision
  • Basic understanding of debits and credits
  • Basic understanding of loan documentation

Why Join Us:

At Bank of Utah, we value our employees and offer a competitive compensation package, opportunities for growth and development, and a collaborative work environment. If you are a motivated and detail-oriented individual who is passionate about delivering exceptional customer service, we encourage you to apply for this exciting opportunity.

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