Loan Servicing & Disbursement Specialist

CIBC US; Chicago (IL); On-site; USD 55,000 - 60,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Vacation offering

Wellbeing support

MomentMakers program

Job summary

CIBC is seeking a detail-oriented loan servicing specialist in Chicago, IL to handle the final steps of loan closings, fund disbursement, and ongoing loan servicing. You will process payments/advances, perform maintenance, and review reports. The role requires 1 year of loan service experience and knowledge of IBS (Metavante) or ACBS loan systems.

VISA sponsorship is not offered. We offer a comprehensive benefits package, competitive salary, and incentives.

Qualifications

• Detail oriented and organized with at least 1 year of similar loan service experience.
• Strong computer skills and working knowledge of IBS (Metavante) and ACBS loan system or other comparable loan applications.

Responsibilities

• This position closes a loan and disburses funds, then services the loan.
• Process payments and advances, perform system maintenance, and process payoffs.
• Review reports, investigate unapplied or rejected funds, and prepare cashier's checks for loan advances.
• Monitor incoming wire mailboxes and resolve open reconciliation items within Loan Services.

Skills

Detail oriented

Loan operations

Multitasking

Organizing

Tools

IBS (Metavante)

ACBS loan system

Job description

CIBC is seeking a detail-oriented loan servicing specialist in Chicago, IL to handle the final steps of loan closings, fund disbursement, and ongoing loan servicing. You will process payments/advances, perform maintenance, and review reports. The role requires 1 year of loan service experience and knowledge of IBS (Metavante) or ACBS loan systems.

VISA sponsorship is not offered. We offer a comprehensive benefits package, competitive salary, and incentives.