Loan Specialist I - Payments & Maintenance
Job Description
Job Description
At ServisFirst, Our Name is Our Mission.
DUTIES AND RESPONSIBILITIES
The Loan Specialist I – Payments and Maintenance is responsible for processing commercial, consumer and real estate loan payments and advances; monitoring, reviewing and working daily and monthly Loan Servicing (DMI) reports; and performing corrections and maintenance on all existing accounts.
The incumbent will:
- Review and accurately process commercial, consumer and real estate loan payments and advances
- Process loan extensions
- Review, research and address all maintenance issues to ensure accurate processing
- Respond to routine loan officer or client inquiries related to account balances, loan balances and payoff requests
- Assist with dual control quality check of previous day loan payment and maintenance entries
- Process corrective entries for GL Settlement and Non Post accounts
- Process incoming Loan Servicing (DMI) payments as received
- Review and enter Wire transactions for New and Increased Loan Fundings
- Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.
Note: Additional duties and responsibilities may be assigned.
MINIMUM QUALIFICATIONS
- High school diploma or equivalent
- One (1) or more years of related or similar experience
- Basic knowledge of commercial and consumer loan documentation and related regulations
- Experience working with Microsoft Outlook, Word and Excel
PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS
The physical requirements and environmental conditions of this position consist primarily of:
- Sustained sitting at a desk or workstation
- Frequent use of PC, including typing and sustained attention to monitor
- Frequent typing using a keyboard and/or calculator
- Occasional lifting of basic office files or equipment up to 25 pounds
- Normal office environment with comfortable internal temperatures and low level noise
EOE/AA
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