Retail Loan Servicing Representative

northwest· LE001 Northwest Bank
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Full timeLE001 Northwest Bank

About this role

PA0103 Titusville, PA0736 Administration Center

 

Job Description

The Loan Servicing Representative is responsible for servicing all retail loans, providing accurate loan records and documentation, while maintaining the highest level of customer service. LSRs will be assigned to one or more of following areas as lending volumes dictate: consumer - real estate and non-real estate secured; dealer services; loan payoffs; imaging; escrow; construction; loan support; loan operations; investor accounting and/or modifications.

Essential Functions

  • Maximize technology tools available

  • Balance workstations daily

  • Develop knowledge of servicing / origination systems

  • Partner with third party vendors and agencies

  • Review and send customer correspondence

  • Ensure compliance with Northwest’s policies and practices

  • Ensure compliance with Federal / State regulations

  • Post loan transactions for all product types

  • Complete new loan set-up and post-closing

  • Process payoff quotes and payoff transaction

  • Process new loan fundings

  • Initiate automatic transfer of loan payments

  • Perform maintenance on loans

  • Respond to customer inquiries

  • Monitor and service escrow accounts

  • Monitor loan collateral records

  • Ensure accurate lien information

  • Perform accounting of force placed insurance

  • Review insurance certificates / policies

  • Ensure accurate insurance analysis

  • Perform accurate flood insurance review

  • Update tax records / online information

  • Perform accurate escrow analysis

  • Research and correct posting errors

  • Ensure total document and data integrity

  • Monitor and follow up on document tracking

  • Perform accurate report reconciliation

  • Meet benchmarks on loan functions / servicing

  • Recommend improvements to procedures

  • Develop customer service levels

  • Meet peak volume periods with efficient, accurate output

  • Complete the imaging and indexing of loan documents

  • Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations

  • Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

  • Work as part of a team

  • Work with on-site equipment

Qualifications

  • High School Diploma or equivalent preferred

  • 2 - 6 years customer service experience preferred

  • Lending experience preferred

  • Administrative Skills

  • Ability to work with financial data

#LI-MM1

 

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

Frequently Asked Questions

Is the salary disclosed for the Retail Loan Servicing Representative position at northwest?
The salary for this Retail Loan Servicing Representative role at northwest is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Retail Loan Servicing Representative position at northwest located?
This Retail Loan Servicing Representative role at northwest is based in 2 Locations, Titusville, PA, Warren, PA. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Retail Loan Servicing Representative role at northwest full-time or part-time?
This is listed as a Full time position. It is posted as a Retail Loan Servicing Representative role in the LE001 Northwest Bank department at northwest.
Which team or department does the Retail Loan Servicing Representative at northwest belong to?
This Retail Loan Servicing Representative position is part of the LE001 Northwest Bank department at northwest. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Retail Loan Servicing Representative position at northwest?
Click the "Apply Now" button on this page. You will be redirected to northwest's official application portal hosted on workday where you can submit your application directly.
Retail Loan Servicing Representative
northwest
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