Loan Servicing Specialist

Valley National Bank; Saint Petersburg (FL); On-site; USD 45,000 - 65,000; Full time

Job summary

Valley National Bank in Florida is seeking a Loan Processing professional to manage loan payments, paydowns and payoff requests using the core banking system. The role includes reviewing funding requests, reconciling the general ledger, and processing payments in a timely manner.

Additional duties involve reviewing reports, handling maintenance tasks, and applying knowledge of loan structures and commercial lending documents.

Responsibilities

• Manage the processing of loan payments, paydowns, payoff requests or other processing of loan fees on core banking system.
• Reviewing and handling of loan funding requests as needed.
• Managing payments processed and reconciling the general ledger to process payments timely.
• Reviewing various reports produced on core banking system.
• Handling any maintenance requests and processing on core banking system.
• Requires understanding of basic to complex loan structures, legal documentation and knowledge of commercial lending products.
• Handle research requests, statement requests or other general inquiries from lending teams.
• Represents the bank with borrowers, borrower attorneys, title companies and internal lending partners.
• Monitoring/Tracking exception items for processing.

Tools

Core banking system

Job description

Responsibilities include but are not limited to:

• Manage the processing of loan payments, paydowns, payoff requests or other processing of loan fees on core banking system.
• Reviewing and handling of loan funding requests as needed.
• Managing payments processed and reconciling the general ledger to process payments timely.
• Reviewing various reports produced on core banking system.
• Handling any maintenance requests and processing on core banking system.
• Requires understanding of basic to complex loan structures, legal documentation and knowledge of commercial lending products.
• Handle research requests, statement requests or other general inquiries from lending teams.
• Represents the bank with borrowers, borrower attorneys, title companies and internal lending partners.
• Monitoring/Tracking exception items for processing.