Loan Servicing Specialist — Growth-Focused Banking Expert

Valley National Bank; Northern (KY); Hybrid; USD 33,000 - 55,000; Full time

Job summary

Valley Bank in the United States is seeking a Loan Servicing Specialist to ensure loan transactions are serviced in compliance with regulations, policies, and internal controls. The role covers pre-closing, closing, and post-closing activities, with thorough documentation and cross-functional collaboration.

Candidates should have knowledge of commercial lending, loan documentation, and the ability to manage multiple tasks with attention to detail.

Qualifications

• Experience with loan funding, paydowns, and confirmations.
• Ability to read and interpret credit agreements.
• Understanding of commercial lending and loan servicing regulations.
• Strong attention to detail and ability to multitask.
• Excellent written and oral communication.

Responsibilities

• Process loan payments, payoffs, and fees in the core banking system.
• Review funding requests and reconcile the general ledger.
• Monitor reports and handle maintenance requests in the system.
• Interact with borrowers, attorneys, title companies and internal lending partners.
• Ensure compliance with policies and regulators.

Skills

Loan servicing knowledge

Attention to detail

Regulatory knowledge

Communication skills

Deadline-driven

Education

High school diploma or GED

College coursework in business administration

Tools

Core banking system

Job description

Valley Bank in the United States is seeking a Loan Servicing Specialist to ensure loan transactions are serviced in compliance with regulations, policies, and internal controls. The role covers pre-closing, closing, and post-closing activities, with thorough documentation and cross-functional collaboration.

Candidates should have knowledge of commercial lending, loan documentation, and the ability to manage multiple tasks with attention to detail.