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Loan Servicing Specialist – Originations & Purchase

Loan Servicing Specialist – Originations & Purchase

CompanyWaFd Bank
LocationSeattle, WA, USA
Salary$41600 – $49920
TypeFull-Time
Degrees
Experience LevelEntry Level/New Grad, Junior

Requirements

  • Position requires a high school diploma or equivalent.
  • Able to deal effectively and tactfully with internal and external clients.
  • Can function well under deadlines.
  • Ability to organize, prioritizes, and communicates status on work assignments in a consistent manner.
  • Ability to perform daily work according to prescribed schedules and be flexible to meet departmental needs.
  • Regular, consistent attendance.

Responsibilities

  • Deliver excellent customer service to internal and external customers in the execution of all assigned loan servicing duties within service level standards.
  • Prepare payoff quotes as written requests are received from escrow companies, branches and clients.
  • Receive and post incoming payoff checks and insure any overages are returned to the client.
  • Prepare the lien release for real estate secured loans.
  • Accurate and consistent performance of daily insurance functions.
  • Perform post-closing quality control on modified and newly funded loans.
  • Adherence to bank policies and procedures designed to comply with Federal regulations, including but not limited to the Bank Secrecy Act, USA Patriot Act and OFAC regulations.
  • Assist department with other daily functions.

Preferred Qualifications

  • Experience in lending processing and documentation is beneficial.