Loan Operations Specialist - Mauch Chunk Trust Company
Jim Thorpe, PA
About the Job
Under the direct supervision of the Loan Supervisor, is responsible forefficient and accurate processing of all loan disbursements, loan booking, loanpayments, credit line advances, loan file maintenance, imaging, insurancemonitoring, tax service monitoring, filing, mail notices and billings, research,and providing quality service to internal and external customers.Essential Job Functions:1. Process all loan payments including payments/collect fees/process internaltransfers/process wire transfers.2. Completes various weekly, monthly and annual reports for regulatorycompliance and management reporting.3. Assemble loan files and Pay or advance forced placed insurance.4. Insurance tracking- maintain updated insurance files for all loans. Contactagent with errors or updates. Check for correct lien holder information andamount of coverage per bank policy.5. UCC Administration.6. Complete post booking audit for all loan type.7. Balance Statement of Condition, record proper loan documentation and prepareand process paid off loans.8. Handle customer calls and inquires.9. Ensure compliance with all applicable state and federal laws and with Bankpolicies and procedures.10. Maintain all aspects of the escrow function11. Complete data entry of new loan bookings, wires, payments and advances toloan operations system.12. Process accurately the daily functions of all loan file records.13. Cross train in other Loan functions and train other department members inoperational functions.14. Maintain a cooperative and professional manner with internal and externalcustomers.15. Complies with all corporate policies, procedures and federal regulationsincluding BSA/AML and OFAC.EDUCATION, TRAINING AND EXPERIENCE:• High school diploma or equivalent.• 5-7 years relevant experience in loan servicing/administration• Thorough knowledge of mortgage lending guidelines and regulations• Proficient in bank data processing system (Fiserv’s Vision)• Basic knowledge of hazard and flood insurance administration
Source : Mauch Chunk Trust Company