LOAN SERVICING SPECIALIST
6 days ago
Location: Corporate Headquarters
Full-Time
Reports to: Loan Servicing Manager
Status: Hourly/Non-Exempt
Pay Range: $22.88 - $24.31 per hour
Schedule: Monday - Friday 8:15 am - 5:00 pm
Are you detail-oriented, customer-focused, and eager to grow your career in banking operations? We're looking for a Loan Servicing Specialist to join our team and support the daily servicing of residential, construction, and consumer loan products. In this role, you will ensure accuracy, maintain compliance with state and federal regulations, and deliver exceptional service to internal and external customers.
What You'll Do:
Loan Operations & Customer Support
Troubleshoot loan issues and respond proactively to inquiries
Conduct loan research and process advanced transactions, including payments, reversals, advances, payoffs, address changes, and escrow holdbacks
Prepare payoff letters, discharges, and assignments
Loan Boarding & Quality Control
Accurately board and fund retail loans on the core system
Perform quality control checks on loans booked by other team members
Ensure perfected liens by filing mortgages, UCCs, and MV900 documentation
Escrow & Insurance Administration
Monitor insurance tracking services for flood, hazard, and condo master policies
Process escrow payments for taxes, insurance, and PMI
Conduct annual escrow analyses
Track real estate taxes and proactively communicate with tax collectors and customers
Department Support
Assist with records management and data integrity reviews
Support Accounting and other departments with loan portfolio needs
Process Improvement & Time Management
Prioritize tasks and meet strict deadlines
Identify opportunities to streamline and enhance loan servicing operations
What We're Looking For:
Strong organizational and problem-solving skills
High attention to detail and accuracy
Ability to work independently and as part of a team
Commitment to excellent customer service
Familiarity with loan operations a plus
Compliance Commitment:
All employees must adhere to Bank policies, procedures, and applicable laws and regulations, including the Bank Secrecy Act, Patriot Act, and OFAC requirements.
What You Bring
Experience
6 months to 2 years of experience servicing mortgages and consumer loans preferred
Prior secondary market experience with Freddie Mac and/or Fannie Mae preferred
Experience with COCC preferred
Education / Certifications / Licenses
High school diploma or GED required
Why join Walden Savings Bank?
At our core, we believe in investing in our people. When you join our team, you're not just starting a job - you're building a career with a community-focused organization that's committed to your growth, well-being, and success.
We offer competitive benefits and a workplace culture that supports both professional development and personal fulfillment, including:
- Comprehensive Medical, Dental, Vision, and supplemental health options.
- Benefits available for both Full-Time and Part-Time employees
- 401(k) with employer match to support your future
- Tuition assistance up to $5,250 annually to help you grow your skills
- Paid time off, holidays, and flexible schedules (based on position)
- Performance-based pay increases and employee recognition programs
- Free checking account, loan discounts, and other financial perks
- Dress Down Fridays and a fun, inclusive work environment
- Opportunities to give back through our Community Service Program
- Ongoing mentorship, cross-training, and career advancement support
- Long-term disability, life insurance, and more for your peace of mind
Apply Today
If you're ready to grow your career in banking and join a team committed to outstanding service, we'd love to hear from you
As an Equal Opportunity / Affirmative Action Employer, Walden Savings Bank will not discriminate in its employment practices due to an applicant's race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about or disclosed their own pay or the pay of another employee or applicant.
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