Loan Servicing Specialist: Escrow & Payments

Bcb-Community-Bank; Bayonne (NJ); On-site; USD 36,000 - 41,000; Full time

Job summary

Bcb-Community-Bank seeks a diligent Loan Servicing Specialist in Bayonne, NJ. This full-time role handles loan processing, payments, and client relationships to ensure accurate servicing and timely responses.

You will coordinate with tax authorities, insurers, and vendors, manage escrow tax payments, generate reports, and ensure compliance with lending policies. A degree is preferred and at least two years in loan servicing is required.

Qualifications

• Minimum of 2 years in a loan servicing environment.
• Experience with real estate taxes and escrow administration.
• Strong written and verbal communication skills.
• Ability to work independently with minimal supervision.

Responsibilities

• Process monetary loan transactions and payments.
• Resolve loan-related issues and inquiries.
• Liaise with tax authorities, insurers, and third-party vendors.
• Manage escrow tax payments and related addendums.
• Coordinate with loan officers and customers on insurance.
• Create daily and monthly loan reports for branches.
• Maintain awareness of legal requirements and risk policies.

Skills

Interpersonal communication

Verbal and written communication

Planning and organizing

Education

College degree preferred; related work experience required

Job description

Bcb-Community-Bank seeks a diligent Loan Servicing Specialist in Bayonne, NJ. This full-time role handles loan processing, payments, and client relationships to ensure accurate servicing and timely responses.

You will coordinate with tax authorities, insurers, and vendors, manage escrow tax payments, generate reports, and ensure compliance with lending policies. A degree is preferred and at least two years in loan servicing is required.