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Saint Louis Bank · 1 day ago

Loan Servicing Specialist

St Louis, MO

Full-time

Onsite

Entry, Mid Level

2+ years exp

Saint Louis Bank is seeking a Loan Servicing Specialist responsible for the accurate and timely servicing of the Bank’s loan portfolio. The role includes clerical support to the lending division and involves tasks such as loan setup, payment processing, and maintaining loan files.

BankingFinancial Services

Responsibilities

Responsible for the initial setup of all loans (news/renewals/modifications) on the Bank’s core processing system

Daily processing of loan payments received, including participations bought and sold

Daily reconcilement and clearance of loan related G/L’s

Monitor daily the Loan Admin e-mail inbox for loan transaction requests, research requests, etc. and process accordingly

Establish initial collateral related exceptions/ticklers for items missing or needing ongoing follow-up (such as recorded documents, final title policies, UCC continuations, etc.)

Assist in maintaining the physical loan files, including uploading ancillary loan documents into the loan files in Nautilus

Prepare payoff letters, upon request, from internal/external customers

Assist in answering internal/external customers loan related questions, as well as perform system maintenance to ensure accuracy of loan data

Follow-up on real estate tax payments and expired insurance (both hazard and flood), including force placing coverage (when needed) and adding related charges to the respective loans on the bank’s core processing system

Complete special projects assigned by management