East West Bank · 1 day ago
Loan Servicing Specialist II
El Monte, CA
Full-time
Onsite
Mid Level
$20/hr - $26/hr
3+ years expEast West Bank is a top-performing commercial bank that serves as a financial bridge between the East and West. The Loan Servicing Specialist II is responsible for various financial activities related to loan servicing, including loan advances, payment processing, escrow analysis, and general ledger reconciliation.
BankingFinanceFinancial Services
No H1B
Responsibilities
Process all Loan Advances on simplex products ensuring proper authorization and commitment availability
Process non-standard Loan Payments on various products
Process Loan Demand Statements on simplex products ensuring all principal and interest are included and inclusive of all appropriate fees
Process Loan Payoffs on simplex products and closing of commitments
Prepare Wire Instructions and input into the Wire System and/or Credit Funds to the borrower’s deposit account
Perform Escrow Analysis as required by state with appropriate refunds and/or loan amortization
Disburse all escrow payments for tax and insurance
Perform MERS activities
May perform SBA reporting and its portfolio management and disbursement to Colson
Process miscellaneous maintenance transactions
Perform End-of-Day balancing ensuring all activities are reconciled with the General Ledger
Respond to internal customer inquiries
Provide guidance and training to junior Loan Servicing Specialist
Work on special projects as assigned by Manager related to the Data Accuracy and accurate compliance requirements
May perform other duties as assigned
Qualification
Required
Minimum 3 years of experience in the Loan Servicing Industry
Loan system experience required including document imaging system
Proficient in Microsoft Office
Excellent written and verbal communication skills required
Good organizational, analytical and problem solving skills
Ability to handle multiple tasks with excellent attention to detail
Ability to organize and maintain a high volume work environment
Ability to adapt quickly to changes and perform in a fast paced environment
Ability to build effective relationships as needed to effectively address issues and obstacles
Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time
Preferred
Bachelor Degree in Finance or Accounting Degree preferred, or equivalent work related experience
Company
East West Bank
East West Bancorp is a publicly owned company with $22 billion in assets. The Company’s wholly owned subsidiary, East West Bank, is one of
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1999-02-08IPO
Leadership Team
Christopher J. Del Moral-Niles
EVP & Chief Financial Officer
Diana Liu
Executive Assistant and Project Manager
Recent News
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