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Retail Loan Servicing Representative
Northwest Bank. Service all retail loans and provide accurate loan records and documentation .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in loan servicing, including processing transactions, maintaining accurate records, and ensuring compliance with regulations. Proficient in utilizing technology tools and software to enhance operational efficiency and customer service.
Highest-signal resume keywords
Loan ServicingCustomer Service ExperienceFinancial Data ManagementMicrosoft Office ProficiencyLending Experience
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Loan DocumentationTransaction ProcessingEscrow Account ManagementData Integrity MaintenanceLoan SetupReport ReconciliationProcedure ImprovementImaging and IndexingLoan MaintenancePost-Closing Processing
Soft Skills
Team CollaborationCustomer Inquiry ResponseProblem SolvingCommunication SkillsAttention to Detail
Tools & Technologies
Department-Specific SoftwareLoan Servicing SystemsImaging ToolsDocument Tracking SoftwareOn-Site Equipment
Industry Keywords
Consumer LoansDealer ServicesLoan PayoffsInvestor AccountingFederal RegulationsState RegulationsLoan ModificationsCustomer CorrespondenceLoan OperationsEscrow Management
About the role
Key responsibilities & impact- Service all retail loans and provide accurate loan records and documentation
- Support assigned servicing areas including consumer loans, dealer services, loan payoffs, imaging, escrow, construction, loan support, loan operations, investor accounting, and modifications
- Maximize available technology tools and develop knowledge of servicing and origination systems
- Partner with third-party vendors and agencies
- Review and send customer correspondence and respond to customer inquiries
- Ensure compliance with company policies, procedures, and federal/state regulations
- Post loan transactions for all product types
- Complete new loan setup, post-closing, and new loan fundings
- Process payoff quotes and payoff transactions
- Initiate automatic loan-payment transfers and perform loan maintenance
- Monitor and service escrow accounts, collateral records, lien information, insurance, flood insurance, and tax records
- Research and correct posting errors and maintain document and data integrity
- Monitor document tracking and perform report reconciliation
- Meet loan servicing benchmarks and peak-volume requirements
- Recommend procedure improvements and develop customer service levels
- Complete imaging and indexing of loan documents
- Balance workstations daily
- Work as part of a team with on-site equipment
Requirements
What you’ll need- High School Diploma or equivalent preferred
- 2 - 6 years customer service experience preferred
- Lending experience preferred
- Basic administrative skills
- Ability to work with financial data
- Ability to navigate Microsoft Office software, computer applications, and department-specific software
- Ability to work as part of a team
- Ability to work with on-site equipment